Economy News

India Signs MoU To Connect UPI With UAE's Instant Payment Platform AANI

India Signs MoU To Connect UPI With UAE's Instant Payment Platform AANI

According to the MEA, agreement has also been signed on interlinking of the instant payment platforms - UPI (India) and AANI (UAE). 

Feb 13, 2024, 20:25 PM IST
India Needs To Grow At 7-8% Annually To Become Developed Nation By 2047, Says Ex RBI Guv

India Needs To Grow At 7-8% Annually To Become Developed Nation By 2047, Says Ex RBI Guv

Former Chairman of the Prime Minister's Economic Advisory Council said besides a faster growth rate, the country may need social safety nets such as subsidies in kind of cash and basic income.  

Feb 13, 2024, 18:52 PM IST
PM Announces Surya Ghar Muft Bijli Yojana, To Give 300 Units Of Free Electricity Every Month To 1 Crore Households

PM Announces Surya Ghar Muft Bijli Yojana, To Give 300 Units Of Free Electricity Every Month To 1 Crore Households

The PM Surya Ghar Muft Bijli Yojana aims to light up 1 crore households by providing up to 300 units of free electricity every month. Check direct link to apply for the scheme.

Feb 13, 2024, 17:06 PM IST
Check Modi Govt's 9 Schemes, Reforms, Programmes, Policies For Achieving Higher Incomes For Farmers

Check Modi Govt's 9 Schemes, Reforms, Programmes, Policies For Achieving Higher Incomes For Farmers

PM Modi led government has taken several important steps for the improvement of living standards of farmers and the upliftment of agriculture sector since coming to power in 2014. 

Feb 13, 2024, 09:32 AM IST
Mcap Of 4 Most Valued Firms Jumps Rs 2.18 Lakh Cr; LIC, SBI Lead Gainers

Mcap Of 4 Most Valued Firms Jumps Rs 2.18 Lakh Cr; LIC, SBI Lead Gainers

Shares of TCS jumped 4 percent on Tuesday, taking its market valuation to above Rs 15 lakh crore.

Feb 11, 2024, 14:32 PM IST
FPIs Infuse Over Rs 15,000 Cr In Debt Market In February

FPIs Infuse Over Rs 15,000 Cr In Debt Market In February

According to the data, FPIs made a net investment of Rs 15,093 crore in the debt markets in this month (till February 9). 

Feb 11, 2024, 14:14 PM IST
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