Healthcare: Good news for all ASHA, anganwadi workers
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
Agniveers once enrolled into the Indian Air Force, will be governed under the Air Force Act 1950, for a period of four years.
Interest rate on Public Provident Fund scheme was cut to 8.1%.
The prime minister has announced an ex gratia of Rs 2 lakh from PMNRF (PM's National Relief Fund) for the next of kin of each deceased in the road accident in Mirzapur, UP. The injured would be given Rs 50,000, the Prime Minister's Office posted on X.
India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
The ministry of education is yet to take call on the recommendations by the empowered expert committee and the University Grants Commission.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
A mistake here can prove costly.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
'Democracy cannot be taken for granted. It has to be fiercely guarded.'
Investors must adopt a balanced approach, incorporating both styles in their portfolios.
Finance minister Arun Jaitley's maiden budget has put more money into the hands of the salaried. Would you like to share how you are going to make use of that money?
There is no ignoring the respectable returns given by National Savings Certificate, which are not only assured, but also tax-exempt under Section 80C and government-guaranteed.
With a strong plan in mind, Public Provident Fund can become an important and strong part of your investment, says Naval Goel.
The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
Most people enter stock markets when it is time to exit. Now that the BSE Sensex has again climbed to near 12K levels should should you put your money into stocks? If yes, then how should go about it?
The government on Thursday kept interest rates unchanged on small savings schemes, including NSC and PPF, for the second quarter of 2022-23 amid high inflation and rising interest rate. The interest rate on small savings schemes has not been revised since the first quarter of 2020-21. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to have an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the second quarter of this fiscal.
Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.
Regulator Sebi on Friday approved a slew of measures to further improve the ease of doing business for market participants, including providing relaxations to Foreign Portfolio Investors (FPIs) and entities looking to raise funds through initial share sale. The proposals were cleared by the Sebi board during its meeting on Friday.
IPOs worth Rs 50,000 crore including Hyundai, NTPC Green Energy and Swiggy are set to hit the market in late October or early November.
Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
The panel, to be headed by Reserve Bank of India Deputy Governor Shymala Gopinath, will review the structure of the National Small Savings Fund and give recommendations on making schemes more flexible and market-linked.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Now, the commission will be between zero per cent to 0.5 per cent.
The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.
But the atmosphere is now conducive for the Mahayuti to continue in power in Maharashtra thanks to the government's people-centric schemes, while the opposition Maha Vikas Aghadi (MVA) is giving promises that it cannot execute, he said.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Goods and services tax (GST) collections from mobile device companies, amounting to Rs 1.82 trillion between 2020-21 (FY21) and 2023-24 (FY24), have already generated more than five times the revenue for the government compared to the Rs 34,149 crore allocated under the production-linked incentive (PLI) scheme for mobile devices over six years ending 2025-26 (FY26). Currently, the GST on mobile devices stands at 18 per cent.
If you are investing your money only in public provident funds then should you start putting your money in mutual funds' systematic investment plans?
The agency told the court that he is the "mastermind" and the handler of the arrested suspects.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
The Union government told the Nagpur bench of the Bombay high court that audit statement of receipt and payment accounts of the PM CARES Fund for 2019-20 was available on the trust's website.
Sharing details about the decision, tourism minister Jaivir Singh said the tourism department would provide the company land for the international-level museum on a 90-year lease for a token amount of Re 1.
The Public Provident Fund and National Savings Certificate are the most popular tax-saving investments. But which one scores better when it comes to saving more tax or getting better returns?
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
The top brass of the Bihar education department came under shock when it was found that funds granted under the Sarva Shiksha Abhiyan -- a government of India programme which aims to provide free and compulsory education to all children of ages 6 to 14 years -- was used by 54 headmasters of government-run primary and middle schools to build their own homes instead of constructing new classrooms and schools, officials in Patna said on Monday.
The Public Provident Fund, or PPF, tends to put people off because of the lengthy tenure of the instrument. But its benefits make a compelling case.
