BUSINESS

 Press Trust of india

Govt plans to borrow Rs 7.5 lakh cr from market in first half of FY25

Govt plans to borrow Rs 7.5 lakh cr from market in first half of FY25

New Delhi:  The Centre is planning to raise Rs 7.5 lakh crore through market borrowing in the April-September period of 2024-25 to fund the revenue gap to push economic growth, the finance ministry said on Wednesday. Out of gross market borrowing of Rs 14.13 lakh crore estimated for 2024-25, Rs 7.5 lakh crore, or 53 […]

 Press Trust of india

India can push growth close to 9% by implementing a few more reforms in next 5 years: Panagariya

New Delhi:  India can realistically push its economic growth close to 9 per cent from the current 7 per cent or so, by implementing a few more reforms in the next five years, Chairman of the 16th Finance Commission Arvind Panagariya said on Wednesday. Panagariya said Prime Minister Narendra Modi worked hard over the past […]

 Press Trust of india

India’s CAD dips to USD 10.5 billion in October-December: RBI

India’s CAD dips to USD 10.5 billion in October-December: RBI

New Delhi: India’s current account deficit declined to USD 10.5 billion or 1.2 per cent of the GDP in October-December quarter from USD 11.4 billion in the previous three months and USD 16.8 billion a year back, the Reserve Bank of India (RBI) said on Tuesday. Net FDI inflow at USD 8.5 billion during April-December […]

 Press Trust of india

Atal Pension Yojana poorly designed: Cong; Sitharaman hits back

New Delhi: Hours after the Congress dubbed the Centre’s Atal Pension Yojana as a “poorly-designed scheme” that “hoodwinks and coerces” people into participating in it, Finance Minister Nirmala Sitharaman on Tuesday hit back at the grand old party accusing it of “hoodwinking” people in the name of vote bank politics. Congress general secretary Jairam Ramesh […]

 Press Trust of india

Apple, Google, Meta targeted under new European law to prevent cornering of digital markets

Apple, Google, Meta targeted under new European law to prevent cornering of digital markets

London: European Union regulators opened investigations into Apple, Google and Meta on Monday, the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets. The European Commission, the 27-nation bloc’s executive arm, said it was investigating the companies for “non-compliance” with the Digital Markets Act. The Digital Markets […]

 KI News

NIT Srinagar hosts Design Awareness Program for MSMEs

NIT Srinagar hosts Design Awareness Program for MSMEs

Conducts Udyam registration drive in Kashmir Industrial Cluster Srinagar: A week-long awareness program aimed at sensitising Micro, Small, and Medium Enterprises (MSMEs) to the Design Innovation scheme, a sub-component of MSME, and the Udyam registration drive, concluded on Saturday. The program, organized by the IIED Centre of the National Institute of Technology (NIT) Srinagar, was […]

 Press Trust of india

Jaishankar urges Singapore’s business community to invest in India’s semiconductor manufacturing sector

Jaishankar urges Singapore’s business community to invest in India’s semiconductor manufacturing sector

Singapore: External Affairs Minister S Jaishankar on Saturday briefed Singapore’s business community about the strides taken by India in the field of manufacture of semiconductors and appealed to them to invest in this key sector in the country. Jaishankar spoke about how machines for the manufacture of semiconductors have started coming (to India) and also […]

 Press Trust of india

Govt extends ban on onion exports till further orders

New Delhi:  The government has extended the export ban on onion till further orders to increase domestic availability and keep its prices under check. Earlier, it was prohibited till March 31 this year. “Export prohibition on export of onions valid till 31st March 2024, is extended until further orders,” the Directorate General of Foreign Trade […]

 Press Trust of india

RBI offices dealing with govt business to remain open on Mar 30, 31

RBI offices dealing with govt business to remain open on Mar 30, 31

Mumbai: RBI offices dealing with government business and all designated branches of agency banks will keep their counters open as per normal working hours on Saturday and Sunday for the convenience of taxpayers. Electronic transactions can be done till the stipulated time on both days (March 30 and March 31), the Reserve Bank said in […]

 Press Trust of india

India’s outlook for next fiscal positive: FinMin

New Delhi: The finance ministry on Friday said with an uptick in private investment and inflation trending down, India’s outlook for the next fiscal looks positive. The Monthly Economic Review also said that inclusion of Indian bonds in  Bloomberg bond index from January 2025 should bolster inflows. It said robust investment activity is driving growth […]

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