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July 23, 2024 8:42 PM
The Indian Banks’ Association - IBA has welcomed the Union Budget 2024-25 for its focus on infrastructure development, improving domestic employment and skills and overall growth of the economy without deviating from the fiscal math. In a statement, IBA Chairman Mr. M V Rao hailed the proposa...
July 23, 2024 8:20 PM
All sectors of the society have welcomed the Union Budget 2024-25. People say this budget will benefit everyone. Founder and Director of a design Startup in New Delhi, Abhishek Kumar said that the announcement to provide internship and five thousand rupees to youth every month will help them in shap...
July 23, 2024 8:16 PM
The Union Budget has reduced basic customs duty on mobile phones, Printed Circuit Board Assembly (PCBA) and mobile chargers to 15 per cent. Precious metals will become cheaper as customs duties on gold and silver have been reduced to 6 per cent and on platinum to 6.4 per cent. Three more c...
July 23, 2024 2:44 PM
Defence Minister Rajnath Singh has congratulated Finance Minister Nirmala Sitharaman for presenting the budget for the Financial Year 2024-25. In a social media post, Mr Singh said that this budget will help in moving towards making a prosperous and self-reliant ‘Viksit Bharat’. He mentioned tha...
July 23, 2024 2:05 PM
Jewellery Stocks are trading high after the announcement of reduction in basic customs duty to 6 percent for Gold and Silver by the Finance Minister in her Budget Speech today. Domestic Benchmark Indices, Sensex and Nifty trading nearly 1 percent down. Opening flat with the positive Buyers,...
July 23, 2024 1:47 PM
Indian stock markets declined significantly today as the government proposed to raise the tax on capital gains and on trading derivatives. The S&P BSE Sensex dropped below 80,000, losing 1,248.23 points while the NSE Nifty fell by 409 points. The Indian rupee also dropped to a record lo...
July 23, 2024 7:51 AM
The All India Association of Industries has said, the Economic Survey paints an optimistic picture of the Indian economy by forecasting GDP growth of 6.5 -7 per cent for this year. The Association’s President, Dr. Vijay Kalantri said in a statement that the survey has rightly identified MSMEs as t...
July 22, 2024 10:13 PM
RBI Deputy Governor M Rajeshwar Rao emphasized the importance of banks taking customer complaints seriously and using them as feedback to enhance their processes and products. Speaking at the BFSI Summit in Mumbai today, Mr Rao pointed out that the RBI continues to observe instances of slow response...
July 22, 2024 10:08 PM
Union Minister of State for Finance Pankaj Chaudhary has said that the Security and Exchange Board of India, SEBI which is the statutory regulator of the securities market has not received any specific information on any 'unfair trading' in connection with the fall of stock prices on 4th of June t...
July 22, 2024 8:45 PM
According to the Economic Survey 2023-2024, against the global trend of widening fiscal deficit and increasing debt burden, India has remained on the course of fiscal consolidation. It says the fiscal deficit of the Union Government has been brought down from 6.4 per cent of GDP in Financial Year ...
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