Economy

Economy News

CPSEs stronger, giving record returns: PM

Statement in RS signals policy shift, follows scaling down of disinvestment plans. In what could be seen as a policy shift, Prime Minister Narendra Modi on Wednesday said the central.

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Economy News

Kerala Budget promises assured pension for govt staff, hikes duties on liquor

In the Budget for 2024-25 tabled in the state assembly by Finance Minister K N Balagopal, the state’s fiscal deficit is projected to be 3.4% for FY25. Kerala’s Left Democratic.

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Economy News

UP budget focus on infrastructure, weaker sections

In the Budget presented by Finance Minister Suresh Kumar Khanna, the state’s fiscal deficit is estimated to be 3.46% for FY25. Uttar Pradesh’s Bharatiya Janata Party government on Monday presented.

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Economy News

Agri storage units to be set up at 65,000 villages

NABARD is currently providing financial support to PACS by refinancing them at highly subsidized rates of around 1%, after incorporating the 3% interest subvention under AIF scheme for projects up.

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Economy News

States’ revenue grows only 5% in April-November: Report

In the first eight months of FY24, the combined SGST, excise duty and S&R collections of the 16 states expanded by a moderate 10-12%, according to the report. The combined.

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Economy News

Exports from Kolkata port may be hit due to soaring freight rate, rice ban, geopolitical turmoil

Most of the major shipping liners are “rerouting vessels around the Cape of Good Hope to avoid the Red Sea, causing significant delays of 14-20 days,” one of the officials.

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Economy News

Farm credit target for FY25 may be fixed at Rs 22 trillion, up 10% on year

Last fiscal, commercial banks had a share of 72% of the total credit disbursed, followed by cooperatives banks (13%) and RRBs (15%). The government is likely to set agriculture credit.

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Economy News

India’s factory growth hits four-month high in January on robust demand

Although the final reading was a tad lower than a preliminary estimate of 56.9, it was comfortably above the 50-mark that separates expansion from contraction. It has been above breakeven.

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Economy News

Interim Budget to provide guidance for inclusive development: Modi

Modi had indicated that the government’s focus would be on four priority groups—women, farmers, poor and youth– if elected again. The interim Budget to be presented in Parliament today will.

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Economy News

Budget 2024: FM Sitharaman targets reducing fiscal deficit below 4% by FY26

The finance minister revised the fiscal deficit for FY24, setting it at 5.8 per cent of the GDP. Finance Minister Nirmala Sitharaman, during her Budget speech, announced a revision in.

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