Economic Times
India's fiscal deficit for April-May reached approximately 3% of FY25's target, totaling Rs 50,615 crore. PM Narendra Modi's third term priorities inc
The Department of Economic Affairs under the Ministry of Finance has explained the meanings of different documents that you will come across while rea
Maharashtra's Deputy Chief Minister Ajit Pawar announced tax reductions on petrol and diesel in Mumbai, lowering diesel prices by 2 rupees per litre a
India's compliance with anti-money laundering rules under FATF scrutiny includes improving supervision in non-financial sectors and facing criticism o
Shaktikanta Das emphasizes the importance of enhancing AI and ML techniques at the central bank while addressing ethical considerations and biases in
India's Ambassador advocates for a bilateral agreement with Bulgaria to employ third-country workers, aligning with existing agreements in Europe. Thi
India is becoming a favored investment destination for German companies, with 59% planning to increase investments this year. Expectations are high, w
Ministry's initiatives focus on empowering MSMEs, especially micro-enterprises, through various schemes, including Khadi brand rejuvenation and intere
Although the pandemic is behind us, the focus on the health sector shouldn't be diluted, he added. There were also suggestions to tightly monitor the
On hydraulic rock breakers, the duty ranged between 4.55 per cent and 162.5 per cent of CIF (cost, insurance, freight) value in US dollars. The duty w
Exporters requested the establishment of a distinct division within the Commerce and Industry Ministry to address non-trade barriers, particularly tho
During the meeting, all projects were evaluated for their integrated planning and conformity with the PM GatiShakti principles. Emphasis was placed on
The Reserve Bank of India introduces revised currency swap frameworks for SAARC nations, providing INR, USD, and EUR support. The facilities offer bac
Rising vegetable prices due to various factors like the heatwave and monsoon challenges have led to increased consumer spending. Authorities are urged
RBI's financial stability report underscores the importance of governance, Basel III norms compliance, and maintaining high CET1 ratios for banks. Mon
The NHAI has established a DPR cell at its headquarters in New Delhi to meticulously review detailed project reports for national highway projects, ai
The Reserve Bank of India, in collaboration with the Indian government, has unveiled a revised framework on currency swap arrangements with South Asia
In 2019, Finance Minister Nirmala Sitharaman attempted to break away from British traditions by ditching the briefcase containing Budget documents tha
The Reserve Bank of India highlighted rising household financial liabilities post-Covid, with overall savings dropping to 18.4% of GDP in FY23 from an
In a separate circular, Central Board of Indirect Taxes and Customs (CBIC) clarified that ITC is available to insurance companies in respect of motor
