The Reserve Bank of India has, for the first time in five years, reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25% with immediate effect. Consequently, the standing deposit facili
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Here are the key highlights of the proposal of the Union Budget presented in parliament by finance minister Nirmala Sitharaman on Satuday: NO INCOME TAX ON AVERAGE MONTHLY INCOME OF UPTO RS 1 LAKH; TO BOOST MIDDLE CLASS HOU
Union minister of finance and corporate affairs Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament on Saturday. Here is the summary of her budget speech, Part A: Quoting Telugu poet and playwright Shri Gurajada Appa
Reaffirming the government’s commitment to the philosophy of “trust first, scrutinize later”, the Union Budget 2025-26 has reposed faith in the middle class and continued the trend of giving relief in tax burden to the common tax
GAIL (India) Limited will invest Rs. 500 crore in its Start-up Investment Fund, increasing the corpus to be invested in start-ups from Rs 100 crore to Rs 500 crore. The move is aimed at fostering innovation, supporting emerging busi
Despite global uncertainty, India has displayed steady economic growth. India`s real GDP growth of 6.4 per cent in FY25 remains close to the decadal average, according to the Economic Survey 2024-25 tabled by finance minister Nirmala Sitharaman in
Taking note of steep rise in health insurance premiums that senior citizens are compelled to pay, IRDAI has directed all general and health insurers offering indemnity based individual health products to those above 60 years not to revise the insu
The National Critical Minerals Mission (NCMM) aims to reduce import dependence, strengthen domestic value chains and support India`s `Net Zero by 2070` goal, prime minister Narendra Modi said. Responding to an newspaper article wri
The Mumbai Metropolitan Region Development Authority (MMRDA) has signed a memorandum of understanding (MoU) with Toronto-headquartered Brookfield, a leading global investment firm. The agreement signed in the presence of Anuj Ranjan
As Martyrs` Day, January 30, approaches, it’s time to remember the legacy of the man and the Mahatma. The UN human rights legal advisor and well-known author Rajesh Talwar has come out with his ‘The Mahatma`s Manifesto’ (Om Publi
Vice-president Jagdeep Dhankhar on Monday expressed his happiness and said that it was a very auspicious day that the state of Uttarakhand has made the Uniform Civil Code (UCC) a reality. He was presiding over the inaugural programm
An insurance policy cannot be changed at the whims and fancies of the insurance company, noted consumer rights advocate Jehangir Gai has said, against the backdrop of an increasing number arbitrary rejection of insurance claims due to vague policy
Aviation turbine fuel (ATF) is likely to be brought under the Goods and Services Tax (GST) in the near future, petroleum and natural gas minister Hardeep Singh Puri has said, signalling a potential change in aviation fuel taxation.
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The Maharashtra government has signed 54 memorandums of understanding (MoUs) worth Rs. 15.70 lakh crore at the ongoing WOrld Economic Forum in Davos. The highest ever investment proposals of the state government are expected to generate 15.95 lakh
As India accelerates its transition towards a sustainable future, its renewable energy (RE) sector has witnessed unprecedented growth. In 2024, the country made significant strides in solar and wind energy installations, policy advancements, and i
The ministry of women and child development is set to celebrate the 10th anniversary of the Beti Bachao Beti Padhao (BBBP) campaign, marking a decade of relentless efforts to protect, educate, and empower the girl child in India. This milestone al
The Ministry of Electronics and Information Technology (MietY) has offered technological support at the Maha Kumbh in Prayagraj being held from January 13 to February 26, 2025 with the integration of Bhashini for multilingual accessibility.
India is home to many small and big industries where research is carried out, yet many innovators are not able to find a platform to bring their ideas into fruition. Despite having a vast network of government laboratories that perform ground brea
