Reserve Bank of India (RBI) governor Shaktikanta Das will give out the monetary policy committee (MPC) statement today at around 10 am. The monetary policy committee meeting lasted from February…
Category: Economy
Russia’s Novatek in talks with Indian companies on LNG, may consider rupees
Novatek, Russia’s largest liquefied natural gas producer, has been in talks with Indian companies including GAIL on the supply of LNG and may consider taking payments in rupees, the company’s…
BT Budget Roundtable 2023: Can now cover distance between Delhi-Dehradun in 2 hours, says Nitin Gadkari
Union Minister for Road Transport and Highways Nitin Gadkari has said today that travellers and commuters can now cover the distance between Delhi and Dehradun in two hours with the…
Plea seeking review of verdict on demonetisation filed in SC
A plea seeking a review of the judgement that upheld the Centre’s 2016 decision to demonetise Rs 1,000 and Rs 500 currency notes was filed in the Supreme Court on…
Good news for central govt employees! Dearness allowance likely to be hiked by 4%
The central government is likely to raise dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38…
Government increases windfall gains tax on crude, diesel and ATF
The government changed the windfall profits tax on Saturday, increasing the Special Additional Excise Duty (SAED) on crude oil by Rs. 3,150 per tonne and the SAED on diesel and…
GST Council to meet on Feb 18
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on February 18. “The 49th meeting of the GST Council is scheduled to be…
FM Sitharaman says both LIC and SBI have their exposure to Adani Group ‘well within permissible limits’
Finance Minister Nirmala Sitharaman on Friday said both State Bank of India and Life Insurance Corporation have issued detailed statements with respect to their exposure to the embattled Adani Group…
The growing gulf between the net worth of Gautam Adani and Mukesh Ambani
The gulf between Gautam Adani and Mukesh Ambani’s net worth is only widening by the day. Adani, who had briefly become the second-richest person in September last year, has now…
Amul hikes milk prices by Rs 3/litre; check latest rates here
The Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets its products under the Amul brand, has hiked the prices of milk by Rs 3 per litre across all variants. GMCCF…