Nearly a quarter of all CPSEs posted a loss in 2021-22, as per the data provided by the finance ministry to Parliament
The crypto exchange received 431 requests from Indian and foreign Law Enforcement agencies during this period, the exchange said in its 4th Transparency report
PSBs are in profit with aggregate profit being Rs 66,543 crore in the financial year (FY) 2021-22.
The tenure of the job is for three years and the post carries the pay scale of Rs 2.25 lakh (level 17)
The information was given by Minister of State for Finance Bhagwat Karad in the Rajya Sabha on March 14
In December, the Centre had sought approval to spend Rs 3.26 lakh crore more on a net basis in its first Supplementary Demands for Grants for 2022-23
The Production-Linked Incentive (PLI) scheme, which is the flagship program of the Centre, has faced criticism from certain sectors for its perceived failure to generate adequate employment opportunities.
Data released earlier this week showed India's GDP growth rate fell to 4.4 percent in October-December
G20 foreign ministers are set to meet in New Delhi from March 1 to 2. EAM Jaishankar will host US Secretary of State Antony Blinken, Russia's foreign minister Sergey Lavrov and China's Qin Gang among others. While all eyes are on how the interactions between these leaders will be amid the Russia-Ukraine war, Foreign Secretary Vinay Mohan Kwatraon briefs the media ahead of the meetings.
The Centre is targeting a fiscal deficit of Rs 17.55 lakh crore for the current financial year, or 6.4 percent of the GDP
Some meteorological agencies predict the return of El Nino conditions in India this year.
Extension of ECLGS and LGSCAS beyond March 31 as well as challenges related to these would be deliberated.
The overseas sovereign bond proposal died a quick death more than three years ago but speculation continues, given the lower borrowing costs abroad
The glitches arose after 46 forms were moved to version 3 from version 2 of the website on January 23.
The Single Nodal Agency model is less than two years old but already has had a visible impact on public finances
In India, successive Finance Commissions have recommended the formation of a fiscal council but governments have rejected the proposals.
Finance Minister Nirmala Sitharaman proposed in Budget 2023 that PAN will be used as the common identifier for all digital systems of specified government agencies.
This relief will be provided in all contracts for the procurement of goods and services, entered into by any Ministry/ Department/ attached or subordinate office/ autonomous body/ Central Public Sector Enterprise (CPSE)/ Public Sector Financial Institution, etc., with MSMEs.
The Budget for 2023-24 has estimated the Food Corporation of India’s Internal and Extra Budgetary Resources (IEBR) at Rs 1.45 lakh crore
The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry.
The Budget for 2023-24 has estimated that gross tax revenues will rise by 10.5 percent to Rs 33.61 lakh crore, in line with the nominal GDP growth assumption of 10.5 percent
India’s GST Council, which has the Centre and the states as its members, is the apex decision-making body for the indirect tax regime that was introduced in July 2017
According to Somanathan, the Centre reiterating its commitment to the fiscal deficit target of 4.5 percent of GDP for 2025-26 should indicate that it has the means and the ability to reach it
The Union Budget did not specify whether the Centre would issue sovereign green bonds in 2023-24
Union Budget 2023: The allocation for the next fiscal year is lower than the revised estimate for fertiliser subsidy spending of Rs 2.25 lakh crore for this year.