NEW DELHI: For the first time, the GST council failed to reach a consensus due to the sharp division along political lines, which Center leave 20-something state Issue bonds to raise funds and cover the collection shortfall. Continuing from where they left, the 10 opposition-ruled states and UT lobbied for …
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NEW DELHI: Finance Minister Nirmala Sitharaman announced an additional Rs 37,000 crore allocation for capital expenditures on Monday and put money in the pockets of government employees ahead of festival season, hoping to generate demand of Rs 1 lakh crore in his last attempt to revive. economic activity. The long-awaited …
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Prime Minister Narendra Modi released a commemorative 100 rupee coin on Monday as part of the centenary celebrations of the birth of Rajmata Vijaya Raje Scindia. During the virtual ceremony, the Prime Minister also spoke about her legacy and highlighted some crucial cases from her life. Modi on Sunday tweeted: …
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Finance Minister Nirmala Sitharaman’s announcements of fiscal stimulus at a press conference on Monday turned out to be a bit silly. That’s because the ads are not expected to have a material impact on consumer demand. The boost to consumer spending is expected to be on the order of Rs36,000 …
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In a move to boost consumer demand in the economy during the holiday season, the government on Monday announced a series of schemes such as paying cash instead of LTC and ₹Advance of 10,000 festivals to government employees. The advancement of the festival along with similar advancements were abolished on …
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India’s fight against the pandemic was more difficult because the country was already bearing the brunt of a prolonged slowdown. Nirmala Sitharaman LIVE: Finance Minister Nirmala Sitharaman announced today that government employees can take advantage of the cash voucher for LTC if they are unable to travel due to the …
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The country’s banking regulator, the Reserve Bank of India (RBI), has filed a new affidavit in the Supreme Court in the case of the loan moratorium. In the affidavit, the Reserve Bank of India (RBI) has said that it is not possible to give further relief to the sector affected …
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The Ministry of Finance launched the budget development process for fiscal year 22 by issuing the budget circular and scheduling pre-budget meetings with ministries and departments beginning October 16. This will be the third budget of the finance minister Nirmala Sitharaman and the eighth of the government of Narendra Modi. …
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Mumbai: Indian state lenders should consider focusing on regional languages for better customer service, especially in areas where people are unfamiliar with Hindi, Finance Minister Nirmala Sitharaman said. Sitharaman spoke Thursday at the virtual launch of a uniform training program, which includes modules on preventive surveillance, for induction and mid-level …
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India plans to seek cabinet approval to sell a 25% stake in the country’s largest life insurer, people with knowledge of the matter said, as Prime Minister Narendra Modi seeks resources to fill a growing budget gap. The government plans to amend the law of parliament establishing the Life Insurance …
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