Economy

Finance Ministry relaxes spending norms to boost capital expenditure

Leave a Comment / BUSINESS, Economy /

To boost the economy with the fresh COVID-19 wave, the Finance Ministry has relaxed the spending guidelines to enable ministries and departments to incur capital expenditure of Rs 44,000 crore as envisaged in the budget of 2021-22. According to an Office Memorandum (OM) released by the Finance Ministry on Thursday, the Monthly / Quarterly Expenditure …

Finance Ministry relaxes spending norms to boost capital expenditure Read More »

Fears of NPA and risk-taking banks could come to the forefront of RBI funding for MSMEs, the most affected sectors

Leave a Comment / BUSINESS, Economy /

The meeting of the RBI (MPC) finance committee came at a critical time with the economy facing the second wave of coronavirus. In anticipation of the expected move, the MPC maintained the current status quo in policy values ​​and decided to continue standing. The second wave has hit the economy as most countries impose locks …

Fears of NPA and risk-taking banks could come to the forefront of RBI funding for MSMEs, the most affected sectors Read More »

Budget 2022

Budget 2022: Income Tax Unchanged, 30% Crypto Tax

Leave a Comment / Breaking News, BUSINESS, Cryptocurrency, Economy, Finance /

Budget 2022- Total government expenditure was increased by 4.8% to ₹39.5 lakh crore. A digital rupee will be introduced by the Reserve Bank of India in 2022-23. Electronic passports with embedded chips will be launched next year for greater convenience for the public. In a big boost for the electric vehicle sector, battery swapping will …

Budget 2022: Income Tax Unchanged, 30% Crypto Tax Read More »

Edible oil

Edible oil prices will fall further in two weeks

Leave a Comment / Breaking News, Economy, Markets, National /

Edible oil- Cut in the price of edible oils: The Union Food Ministry has asked companies producing edible oil to cut edible oil prices. This was done in view of the falling prices of edible oils on the international market. Oil companies say that due to lower international prices, prices have come down significantly and …

Edible oil prices will fall further in two weeks Read More »

Economy

Economy: Government ready to deal with global situation

Leave a Comment / Breaking News, Economy /

Economy- FM Nirmala Sitharaman: Finance Minister Nirmala Sitharaman has said that India is capable of dealing with any situation arising from global signals. These developments also include the withdrawal of loose monetary policy from the US central bank. Sitharaman said in a post-budget discussion with industry body FICCI on Sunday that the government would not …

Economy: Government ready to deal with global situation Read More »

Edible Oil

Edible Oil: Edible oil has become cheap!

Leave a Comment / Breaking News, BUSINESS, Economy, Markets /

Edible Oil Prices: Amid the global market slump, oil prices fell on Wednesday. Most oilseed prices including mustard, groundnut, soybean oilseed, CPO, cottonseed and palmolein oil recorded declines in the Delhi oilseed market on Wednesday. Traders said the Malaysian Stock Exchange is down nearly 8%, while the Chicago Stock Exchange is currently down 3.5%. The …

Edible Oil: Edible oil has become cheap! Read More »

Cut GST values ​​for COVID requirements, set dispute resolution body: Punjab FM writes to Sitharaman

Leave a Comment / BUSINESS, Economy /

Ahead of the GST Council meeting, Congress-led Punjab called for a reduction in tax on life-saving items for COVID-19 treatment and the implementation of pending reforms, including tax review and exemptions, body dispute resolution and measures to address provincial shortcomings. In a letter to Finance Minister Nirmala Sitharaman, head of the GST Council comprising representatives …

Cut GST values ​​for COVID requirements, set dispute resolution body: Punjab FM writes to Sitharaman Read More »

GST Council to meet on June 12 to discuss tax cut on COVID essentials

Leave a Comment / BUSINESS, Economy /

The all-powerful, at MOST, the Board of directors, which is chaired by finance Minister Nirmala Sitharaman will meet on the 12th of June to decide on whether to reduce the GST rate for COVID essentials-black and fungal medication, according to the officials.At the time of the previous meeting on the 28th of May, the Council …

GST Council to meet on June 12 to discuss tax cut on COVID essentials Read More »

World Economic Forum Davos 2022 PM Modi Speech

Leave a Comment / Breaking News, BUSINESS, Economy /

World Economic Forum Davos 2022 PM Modi Speech LIVE: On the first day of the five-day Davos Agenda Summit, to be held online at the World Economic Forum (WEF), Prime Minister Narendra Modi delivered his speech on the topic ‘The state of the world’. The ‘Davos Agenda’ summit is organized digitally for the second consecutive …

World Economic Forum Davos 2022 PM Modi Speech Read More »

The second wave of COVID-19 will have a significant impact on the quality of vehicle supplier goods : Ind-Ra Study

Leave a Comment / BUSINESS, Economy /

India Ratings and Research (Ind-Ra) on May 25 said the second wave of COVID-19 would have a significant impact on the quality of car owners’ assets as borrowers face reduced energy consumption and increased operating costs due to rising fuel prices. Adding more, Ind-Ra said the situation would reduce their ability to pay off debt. …

The second wave of COVID-19 will have a significant impact on the quality of vehicle supplier goods : Ind-Ra Study Read More »

Scroll to Top