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FM
FM News
FM
19 Oct 2024
FM Nirmala Sitharaman Invites Mexican Investment In GIFT-IFSC
FM Nirmala Sitharaman urged private sector leaders from both nations to drive forward this growing partnership, particularly in sectors like pharmaceuticals, MedTech, and digital innovation, to strengthen the economic ties between India and Mexico.
LIC
09 Sep 2024
LIC's New Business Premium Up 35 Per Cent To Rs 19,309 Crore In August
For the first five months of fiscal year 2025, LIC's individual premium segment accrued Rs 22,396.28 crore, marking an 11.75 per cent growth from Rs 20,041.36 crore during the same period in fiscal year 2024.
Budget 2024
23 Jul 2024
Budget 2024: Tax Rates On Both Short And Long Term Capital Gains Raised
Budget 2024: Long-term gains on all financial and non-financial assets will attract a tax rate of 12.5 per cent instead of 10.0 per cent.
Budget 2024
23 Jul 2024
Budget 2024: Big Savings On Mobile Phones as FM Sitharaman Cuts Custom Duty
Budget 2024: Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India.
Econoimc Survey 2024
22 Jul 2024
Economic Survey 2024: Financial Outlook Bright, But Vulnerabilities Remain
As India embarks on the vision to become a developed country by 2047, financial intermediation costs must decline globally; the Survey prepared by Chief Economic Adviser V Anantha Nageswaran and his team said.
Budget 2024
01 Feb 2024
Interim Budget 2024: Key Takeaways For Women From FM Sitharaman's Budget
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 entitlements.
Budget 2024
01 Feb 2024
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.
Budget 2024
01 Feb 2024
Budget 2024: Rupee Rises 8 paise to 82.96 Against US Dollar
India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost inflation, a monthly survey said on Thursday.
Budget 2024
01 Feb 2024
Budget 2024: FM Presents Rs 47.66 Lakh Cr Budget, 6% Higher Than FY24
The nominal GDP growth for the next financial year has been pegged at 10.5 percent against the 11 percent estimated earlier.
Budget 2024
01 Feb 2024
Budget 2024: FM Proposes To Raise Capital Expenditure To Rs 11.11 Lakh Cr
The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls after which the new government will present a full budget in July.
Budget 2024
01 Feb 2024
Budget 2024 Funny Memes: How People React on 'X', Check Here
There is a set of other people, who are mostly internet warriors, sharing their creative reactions to Budget 2024 on X (formerly Twitter).
budget 2024 india
01 Feb 2024
Fiscal Deficit For FY25 Pegged At 5.1% Of GDP Against 5.8% In Current Fiscal
Finance Minister Nirmala Sitharaman informed that the fiscal deficit in FY24 is expected at 5.8 per cent of GDP, down from 5.9 per cent estimated earlier.
AADHAAR
05 May 2023
FM Permits 22 Finance Cos To Undertake Aadhaar-Based Verification Of Clients
These 22 financial companies include Godrej Finance, Amazon Pay (India) Pvt Ltd, Aditya Birla Housing Finance, Tata Motors Finance Solution, IIFL Finance and Mahindra Rural Housing Finance Ltd.
World Bank
04 May 2023
Nirmala Sitharaman Congratulates Ajay Banga On Becoming World Bank President
The President of the World Bank Group is also the Chair of the Board of the Executive Directors of the International Bank for Reconstruction and Development (IBRD).
Nirmala Sitharaman
03 May 2023
FM Sitharaman Meets Japan Bank In Incheon, South Korea
FM Sitharaman is attending the 56th Annual General Meeting of the Board of Governors of the Asian Development Bank (ADB) in Incheon, a city in South Korea from May 2-5.
MSME
31 Mar 2023
Revised Loan Guarantee Scheme For MSME To Be Implemented From April 1
In Budget 2023-24, finance minister Nirmala Sitharaman announced the revamping of credit guarantee scheme for micro and small enterprises with effect from April 1, 2023, with an infusion of Rs 9,000 crore to the corpus to enable additional collateral-free guaranteed credit of Rs 2 lakh crore.
NPS
20 Feb 2023
Funds Deposited for NPS Cannot be Transferred to State Governments: Centre
Rajasthan chief minister Ashok Gehlot had earlier said that the employees of the state government cannot be left at the mercy of the share market where National Pension Scheme (NPS) funds are invested.
Bihar
19 Feb 2023
No Special Assistance to Poor States will Increase Regional Disparities: Bihar
The special category status was introduced in 1969 to benefit certain backward states having hilly terrains, strategic international borders and economic and infrastructural backwardness.
union budget 2023
01 Feb 2023
Union Budget: FM provides Rs 35,000 Crore Outlay to Achieve Energy Transition
Union Budget 2023 News Update: Direct Benefit Transfer under pan India National Apprenticeship Promotion Scheme to be rolled out, to provide stipend support to 47 lakh youth in 3 years
union budget 2023
01 Feb 2023
Centres of AI Excellence, 100 Labs in Engineering Colleges for 5G Applications
Union Budget 2023: An individual with income of Rs 15 lakh will have to pay Rs 1.5 lakh tax, down from Rs 1.87 lakh under new tax structure
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