Speaking at SBI’s Economic Conclave on Monday, Finance Minister Nirmala Sitharaman made a case for a rate cut by the Reserve Bank of India. Earlier last week, Commerce minister Piyush Goyal at CNBC TV18’s event also pitched for a reduction in the repo rate.
AAP Rajya Sabha MP Raghav Chadha questions the Finance Minister's decisions amidst rising inflation, urging for comprehensive indexation on all assets. He criticizes the current partial implementation, likening the removal of indexation for Indian investors to breaking their backbone. Chadha supports Nitin Gadkari's letter to the Finance Minister, demanding the removal of the 18% GST on life and health insurance. He highlights the need for knowledgeable economic planning to avoid frequent policy reversals. Watch for a detailed critique of the government's economic policies. #raghavchadha #financebill2024 #nirmalasitharaman #aapvsbjp
The new train corridors will be completed by 2030, Railway Minister Ashwini Vaishnav said.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is one of the world's largest Direct Benefit Transfer (DBT) programmes.
Interim Budget 2024: In the vote-on-account budget, Sitharaman announced a series of measures to accomplish a “net zero” emissions target by 2070 in order to steer India towards a “greener future”
Furthermore, the manufacturing giants are also expecting the Budget 2024 to propose greater capex push, higher infrastructure allocation, port and digital infrastructure development to boost logistics efficiency and competitiveness.
The auto industry body expects the current execution of road, highway and other infrastructure projects to remain on track in the vote-on-account budget
The Union Budget 2024, shaped by the imminent elections, presents a constrained yet vital framework for India's immediate economic management. While expansive reforms and broad fiscal strategies are deferred, the potential measures discussed here set a prospective agenda for the next finance minister
Budget 2024 comes at an interesting time when the Indian economy is projected to grow at 7.3 percent in the current year, and future growth projections are reasonably optimistic. India is expected to continue as the fastest growing major economy of the world
During her week-long trip, she will be hosting the second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India's G20 Presidency and G20-related side events. the finance ministry said in a statement on Saturday.
From the looks of it, the problem with Adani group shares could linger for a while, and the overall environment does not seem conducive for a massive upswing anytime soon.
Presenting the Union Budget for 2023-24, she also said the government will facilitate 1 crore farmers to adopt natural farming.
She also said the enhanced capex of Rs 10 lakh crore for infrastructure development is at 3.3 per cent of the GDP.
The move would help in better implementation of the proposed national policy on cooperatives.
India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.
Addressing the ministerial session at the Global South Summit, she said India will use the G-20 Presidency to encourage collective solutions to deal with the numerous challenges facing the world, like economic slowdown, rising inflation, threat of resurgence of pandemic and risks emerging from geopolitical conflicts.
Sitharaman was admitted to the All India Institute of Medical Sciences (AIIMS) here on Monday morning with what was described as symptoms of viral fever.
The latest meeting of the GST Council comes nearly six months after it's previous one in Chandigarh
The campaign from October 15 to November 26 this year will also focus on mobile/Aadhaar seeding of existing accounts with a special focus on making small accounts normal accounts by doing full know your customer (KYC), according to a series of tweets from the Office of the Finance Minister.
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The meeting, to be chaired by financial services secretary Sanjay Malhotra, is expected to see attendance from representatives of the Reserve Bank of India, IBA and industry bodies.
Most of the dubious apps are originating from one particular country and as a result a lot of borrowers are harassed and money is being extorted from by these apps, she said during the Question Hour while replying to a supplementary question.
Global factors — such as the Russia-Ukraine conflict, soaring crude oil prices and tightening of global financial conditions — are the major reasons for the weakening of the Indian Rupee against the US Dollar.
Non-BJP ruled states of Punjab, Chhattisgarh, Rajasthan, Tamil Nadu, West Bengal, Andhra Pradesh, Telangana and Kerala had agreed to imposing the 5 per cent levy, she said.
She said the RBI had registered its concern over the adverse effect of cryptocurrencies on the Indian economy.