Economy News

Telangana Govt Presents Rs 2.75 Lakh Crore Vote On Account Budget For FY 2024-25 Hyderabad

Telangana Govt Presents Rs 2.75 Lakh Crore Vote On Account Budget For FY 2024-25 Hyderabad

The government proposed Rs 53,196 crores for implementation of six poll 'guarantees' of ruling Congress. 

Feb 10, 2024, 14:06 PM IST
'UPA Made Economy Non-Performing In 10 Years:' FM Sitharaman Tables White Paper In Lok Sabha

'UPA Made Economy Non-Performing In 10 Years:' FM Sitharaman Tables White Paper In Lok Sabha

Sitharaman shared the White Paper in both English and Hindi. 

Feb 08, 2024, 17:54 PM IST
RBI's Big Announcement On MSME Loan Processing Fees & Documentation Charges: Check Here

RBI's Big Announcement On MSME Loan Processing Fees & Documentation Charges: Check Here

RBI Governor Shaktikanta Das highlighted the importance of including additional charges in the actual interest rates.

Feb 08, 2024, 13:06 PM IST
RBI Monetary Policy February 2024: 6 Major Announcements By Central Bank You Want To Know

RBI Monetary Policy February 2024: 6 Major Announcements By Central Bank You Want To Know

RBI has released its Statement on various developmental and regulatory policy measures relating to Financial Markets, Regulations; and Payment Systems and Fintech.

Feb 08, 2024, 10:59 AM IST
RBI Monetary Policy February 2024: Central Bank Keeps Interest Rate Unchanged At 6.5%

RBI Monetary Policy February 2024: Central Bank Keeps Interest Rate Unchanged At 6.5%

A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.

Feb 08, 2024, 10:07 AM IST
RBI Monetary Policy February 2024: Will RBI Keep Interest Rate Paused? Know What Experts Say

RBI Monetary Policy February 2024: Will RBI Keep Interest Rate Paused? Know What Experts Say

For a year, the Reserve Bank has kept the repo rate unchanged at 6.5 percent. The benchmark interest rate was last raised in February 2023 to 6.5 percent from 6.25 percent.

Feb 08, 2024, 08:59 AM IST
Andhra Pradesh Presents Rs 2.86 Lakh Crore Interim Budget

Andhra Pradesh Presents Rs 2.86 Lakh Crore Interim Budget

In his Budget speech in the Assembly, he said the revenue deficit was Rs 44,487.49 crore, and the fiscal deficit Rs 52,508.34 crore during FY 2022-23.

Feb 07, 2024, 18:39 PM IST
Vegetarian Thali Cost Increases In January; Non- Vegetarian Thali Rates Fall

Vegetarian Thali Cost Increases In January; Non- Vegetarian Thali Rates Fall

The cost of the non-veg thali declined faster due to an 8-10 per cent month-on-month dip in prices of broilers, which account for 50 per cent of the cost, report added.

Feb 07, 2024, 16:13 PM IST
Government Introduces 'Bharat Rice' At Rs 29/kg To Alleviate Consumer Burden

Government Introduces 'Bharat Rice' At Rs 29/kg To Alleviate Consumer Burden

Retail prices of rice are yet to be under control despite restrictions on exports and bumper production in 2023-24. 

Feb 06, 2024, 19:16 PM IST
India Smartphone Market Grows 19% In Q4 2023, 5G Share Up 65%

India Smartphone Market Grows 19% In Q4 2023, 5G Share Up 65%

India smartphone market grew 19 per cent (year-on-year) in the holiday quarter (Q4) of 2023, as Xiaomi led the overall smartphone market followed by Samsung, a report showed on Tuesday.

Feb 06, 2024, 18:32 PM IST

8 Key Things About Bharat Rice You Want To Know

Narendra Modi Govt to launch Bharat rice on February 9 at Rs 29/kg to provide relief to consumers

Feb 06, 2024, 10:00 AM IST
FM Sitharaman To Move Finance Bill 2024 In Lok Sabha Today

FM Sitharaman To Move Finance Bill 2024 In Lok Sabha Today

The Lower House will also hold a general discussion on the Interim Union Budget for 2024-25, which was presented on February 1, the second day of the Budget Session.

Feb 06, 2024, 09:13 AM IST
Fiscal Deficit Was 4.5% In UPA's Terminal Year, It's 5.8% In 2023-24 Under NDA: Chidambaram

Fiscal Deficit Was 4.5% In UPA's Terminal Year, It's 5.8% In 2023-24 Under NDA: Chidambaram

If the NDA points to the pandemic years (2020-21 & 2021-22), the UPA can point to the years of the International Financial Crisis (2008-09) and the 'taper tantrum' (2013-14), Chidambaram argued.

Feb 05, 2024, 00:14 AM IST
RBI Likely To Continue Status-Quo On Short-Term Lending Rate, Say Experts

RBI Likely To Continue Status-Quo On Short-Term Lending Rate, Say Experts

RBI Governor-headed Monetary Policy Committee (MPC) will start its three-day deliberations on February 6.

Feb 04, 2024, 16:49 PM IST
Forex Reserves Increase USD 591 Mn To USD 616.7 Bn

Forex Reserves Increase USD 591 Mn To USD 616.7 Bn

Gold reserves increased USD 269 million to USD 47.481 billion during the week, the RBI said.

Feb 02, 2024, 18:05 PM IST
Gujarat Govt Presents Rs 3.32 Lakh Crore Budget; No New Taxes Proposed

Gujarat Govt Presents Rs 3.32 Lakh Crore Budget; No New Taxes Proposed

Desai informed the House that the budget outlay of Rs 3,32,465 crore for 2024-25 indicates an increase of Rs 31,444 crore, or 10.44 percent, over the previous fiscal.

Feb 02, 2024, 15:19 PM IST
Interim Budget 2024: Key Takeaways For Women From FM Nirmala Sitharaman's Budget Speech

Interim Budget 2024: Key Takeaways For Women From FM Nirmala Sitharaman's Budget Speech

The main objective of Mission Shakti (Sambal) is to improve the accessibility and various government initiatives towards the safety and protection of women, as well as to secure their rights and

Feb 01, 2024, 22:10 PM IST
Interim Budget 2024: Key Takeaways From FM Nirmala Sitharaman's Budget Speech

Interim Budget 2024: Key Takeaways From FM Nirmala Sitharaman's Budget Speech

Over the next five years, the government plans to construct an additional 20 million affordable houses, supplementing the existing 30 million homes already built.

Feb 01, 2024, 19:36 PM IST
Defence Gets Rs 6.21 Lakh Crore In Interim Budget 2024-25

Defence Gets Rs 6.21 Lakh Crore In Interim Budget 2024-25

The budgetary allocation to the Defence for FY24-25 is higher by approximately one lakh crore (18.35 percent) than the allocation for FY 2022-23 and 4.72 percent more than the allocation for FY23-24

Feb 01, 2024, 18:32 PM IST
Health Ministry Allocated Over Rs 90,658 Crore In interim Budget

Health Ministry Allocated Over Rs 90,658 Crore In interim Budget

Presenting the interim Budget for 2024-2025 in Parliament on Thursday, Finance Minister Nirmala Sitharaman said the government plans to set up more medical colleges.

Feb 01, 2024, 17:41 PM IST