The Centre has amended the securities contracts(Regulation) Act for Strategic disinvestment to exempt listed companies like it in which the government and public sector undertakings (PSUs) together or individually hold…
Category: Economy
UPI grows in strength, touches Rs 12.82 lakh cr in Dec 2022; here’s how much it will grow in 2023
The Centre has been pushing paperless payments since a long time when the government first introduced demonetisation in 2016. Today, though it is a known fact that cash is still…
Services PMI rises to 58.5 in December; more jobs created, companies upbeat
India’s services PMI increased to 58.5 in December, compared to November’s 56.4, according to S&P Global PMI data. The report stated that the health of the Indian service sector improved…
PM Modi speaks with King Charles, PMO says ‘a number of subjects of mutual interest were discussed’
Prime Minister Narendra Modi had a telephonic conversation with Britain’s King Charles III for the first time ever since the monarch assumed the office of the Sovereign of the UK,…
Govt keeps General Provident Fund interest rate unchanged at 7.1%: Report
Government on Tuesday kept General Provident Fund interest rate unchanged at 7.1%, reported CNBC TV-18. General Provident Fund is a social security scheme available to central government employees. The interest…
‘Country which attacked Mumbai, went after hotels’: S Jaishankar calls out Pakistan
External Affairs Minister Dr. S Jaishankar called out Pakistan for the dastardly 26/11 attacks on Mumbai in an interaction during his Vienna visit. Jaishankar said that Pakistan is the country…
GDP, GST, foreign reserves: What high frequency economic indicators tell us about state of India’s economy
India’s GDP at constant prices in the first half of the current financial year H1FY23 (April to September 2022) is recorded as Rs 75.02 lakh crore, which is 9.7 per…
Centre hikes windfall tax on crude oil to Rs 2,100 from Rs 1,700
India has raised windfall tax on petroleum, crude oil, and aviation turbine fuel, according to a government order dated Jan. 2. It raised windfall tax on crude oil to 2,100…
Parliament’s Budget Session to start from Jan 31, Union Budget FY24 to be presented on Feb 1: Report
The Budget Session of Parliament is likely to begin on January 31 and is expected to conclude on April 6 with a recess in between, a report said on Monday. …
Private sector gets a leg up as govt introduces National Geospatial Policy
The National Geospatial Policy, unveiled by the government asks ministries and departments, envisages to “increasingly engage” the private sector for creation and development of geospatial data required by them under…