Fiscal Deficit at 3% of target by May
FILE PHOTO: Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May…
Month: July 2024
Coal, electricity buoy core output in May 2024
With a double-digit rise in coal and electricity production offsetting contractions in three sectors, including cement and fertilisers. File |…
RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore
The RBI said Special Drawing Facility (SDF) availed by State Governments/ UTs will continue to be linked to the quantum…
Need to eliminate biases in algorithms as AI on the rise: RBI Governor Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das. File | Photo Credit: PTI RBI Governor Shaktikanta Das on Friday emphasised on…
Panagariya seeks a home for Finance Commissions’ data
Sixteenth Finance Commission chairperson Arvind Panagariya on Sunday mooted a mechanism that brings together data generated by various Finance Commissions…
Increase in exports, improvement in CAD, manufacturing will help boost Indian economy, says Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: PTI We are very confident that the Indian…
₹7,581 crore worth ₹2,000 notes still in circulation: RBI
The RBI had announced the withdrawal of ₹2,000 denomination banknotes from circulation on May 19, 2023. File | Photo Credit: Reuters…
June’s GST revenue growth slows to three-year low; no official statement
The gross GST collections in June stood at around ₹1.74 lakh crore. Image for representation purposes only. File | Photo…
RBI appoints two new executive directors
The Reserve Bank of India. File | Photo Credit: REUTERS The Reserve Bank of India (RBI) on July 1 announced…
Windfall tax on domestically produced crude oil hiked to ₹6,000 per tonne
The government has hiked windfall tax on domestically produced crude oil to ₹6,000 per tonne, from ₹3,250 per tonne, with…