The PM-CARES fund, which has been set up to provide relief during the coronavirus pandemic, has contributed over Rs 2,200 crore for the first phase of vaccination drive, which is looking to inoculate frontline healthcare workers, the Expenditure Secretary said on Tuesday.
Buying had been muted in the past few weeks.
Folding ladders would be made available in coaches.
India's services sector activity moderated further in January as new business rose at a noticeably slower rate amid the escalation of the pandemic, reintroduction of restrictions and inflationary pressures, a monthly survey said on Thursday. The seasonally adjusted India Services Business Activity Index fell to 51.5 in January, down from 55.5 in December, pointing to the slowest rate of expansion in the current six-month sequence of growth. For the sixth straight month, the services sector witnessed an expansion in output.
Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.
Take a moment to consider ways to improve your finances.
RLD sources said that the party chief was "taken aback" by the SP's delay in announcing his name as the candidate for the Rajya Sabha elections.
With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.
This is the first "Green budget" of the government for effective containment of pollution in the city, the deputy chief minister said in the budget session of the assembly in the presence of Chief Minister Arvind Kejriwal.
The income tax department was committed to treat every taxpayer as honest, unless proven otherwise, and provide fair, courteous and reasonable treatment, according to the taxpayers' charter adopted on Thursday. The charter also expects taxpayers to pay taxes on time and be honest and compliant.
The Bill could be introduced in Lok Sabha very soon.
The Budget will focus on Gujarat's GIFT City.
Stocks might hit new highs even before B-Day.
Finance Minister Jaswant Singh on Friday announced in his Budget speech that two separate companies would be formed to raise the airports in Delhi and Mumbai to international standards.
Buckingham Palace released a statement to explain her majesty's absence: 'The queen continues to experience episodic mobility problems' which is why she 'reluctantly decided' to absent herself in person from the formal opening of Great Britain's 2022-2023 legislative session.
As Pranab Mukherjee steps down as President, we remember the man, the politician, the Rashtrapati.
Yadav said the nationwide strike has affected over 35 lakh (3.5 million) people.
The finance minister's meeting with chief executives and managing directors of banks ahead of the Union Budget assumes significance in view of the critical role the banking sector plays in boosting consumer demand across sectors.
Here's what celebrities had to say about Arun Jaitley's Budget.
That "Rollback Budget" ushered in an era of rollback.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.
Congress president Mallikarjun Kharge on Wednesday said there was no question of an apology over Rahul Gandhi's remarks in the United Kingdom and that those demanding so must answer on Prime Minister Narendra Modi "humiliating" the people of the country with his comments abroad.
Finance Minister Nirmala Sitharaman on Tuesday announced cutting import duty on cut and polished diamonds and gemstones to 5 per cent while on sawn diamond to nil in order to boost the sector. At present, import duty on cut and polished diamonds as well as gemstones is 7.5 per cent. Presenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery through e-commerce for which it will implement a "simplified regulatory framework" by June this year.
The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.
'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
'Looking at the speed at which changes were made post the Franklin Templeton issue, we are awaiting more stricter norms in the months to come.'
Arun Jaitley opted for a fiscal deficit of 3.9% in 2015-16.
A few companies continue to pay taxes at 15-20%.
