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FM Nirmala Sitaraman’s address to nation on 13.05.2020 + Tax Announcements
PM Modi Ji emphasized on following on 12th May 2020 and had a vision of announcing 20 lac crores stimulus package in variant basis:Emphasis on ATMA NIRBHAR BHARAT conceptLand and Labor, Law and Liquid...
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Franklin Templeton clarifies on media reports about funds
(Excerpt from the Email sent by Sanjay Sapre, President, Franklin Templeton Asset Management (India) Pvt. Ltd. to investors)Dear Investor,I am personally writing to you today, to address some immediat...
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Economic Impact of Coronavirus ( Global and Indian Economy)
Coronavirus outbreak was first reported in Wuhan, China on 31 December, 2019. Before reading in detail about the impact, first, let us study about coronavirus.Coronavirus (CoV) is a large family of vi...
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Finance Minister announces Rs 1.70 Lakh Crore relief package
Ministry of FinanceFinance Minister announces Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona VirusPosted On: 26 MA...
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Induslnd Bank statement on irresponsible rumours and speculation
Press statementMumbai, March 17, 2020: In wake of the significantly higher level of market rumours and speculation around Induslnd Bank stock, we would like to reiterate that the Bank is financially s...
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NIFM to be renamed as Arun Jaitley National Institute of Financial Management
National Institute of Financial Management, Faridabad, to be renamed as Arun Jaitley National Institute of Financial ManagementThe Government of India has decided to rename National Institute of Finan...
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Funding NBFCs under Credit Guarantee Scheme
A number of steps have been taken since 2018 to ease the liquidity position of Non-Banking Financial Companies (NBFCs) and to increase credit flow. This was stated by Shri Anurag Singh Thakur, Union M...
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100 more Airports to be developed by 2024 to support UDAAN Scheme
Union budget proposes Rs. 22000 Crore for Power and Renewable Energy sector in Current FY National Gas Grid to be expanded from the present 16200 km to 27000 km Government to consider corporatizing at...
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148 Km long Bengaluru Suburban Transport Project proposed
Press Information BureauGovernment of IndiaMinistry of Finance01-February-2020 14:24 IST148 Km long Bengaluru Suburban Transport Project at a cost of Rs 18600 Crore proposed.A National Logistics Polic...
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Highlights of Economic Survey 2019-20 (Download Full Survey)
The epic treatise of modern economics, written by Adam Smith in 1776, was interestingly titled ‘An Inquiry into the Nature and Causes of the Wealth of Nations’. With India having become the fifth larg...
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Thalis are more Affordable for Common Person Now- Economic Survey
Affordability of Thalis vis-à-vis a day’s pay of a worker has improved over time, indicating improved welfare of the common person. The Economic Survey 2019-20 presented in Parliament today by the Uni...
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Highlights of Economic Survey 2019-20 (Download Full Survey)
The epic treatise of modern economics, written by Adam Smith in 1776, was interestingly titled ‘An Inquiry into the Nature and Causes of the Wealth of Nations’. With India having become the fifth larg...
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Thalis are more Affordable for Common Person Now- Economic Survey
Thalis are more Affordable for Common Person Now, Says the Economic SurveyAffordability of Thalis vis-à-vis a day’s pay of a worker has improved over time, indicating improved welfare of the common pe...
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ETMONEY unveils unique tax solution to help save Rs. 78K
ETMONEY unveils India’s first and only tax saving solution which enables Indians to save up to Rs.78,000 in taxes from one app -The unique tax solution combines all tax saving options of ELSS, NPS, He...
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Printing process for Budget 2020 commences with Halwa Ceremony
Ministry of FinanceThe Halwa ceremony, marking the commencement of Budget printing process for Union General Budget 2020-21, was held here in North Block today morning in the presence of the Union Fin...
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Pre-Budget: Mounting Fiscal Pressures
Mr. Abheek Barua, Chief Economist, HDFC Bank Ltd.HDFC Banks Treasury has recently come up with a Report on Union Budget 2020-21. In this report take a look on how the fiscal math is likely to unfold t...
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PM Chairs Meeting with various sectoral groups in a pre-budget exercise
Prime Minister’s OfficeCalls for a focussed effort from all stake holders to achieve the 5 Trillion Dollar EconomyPosted On: 09 JAN 2020 3:39PM by PIB DelhiPrime Minister Shri Narendra Modi called for...
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FM releases Task Force Report on National Infrastructure Pipeline for 2019-2025
Ministry of FinancePosted On: 31 DEC 2019 4:11PM by PIB DelhiTo achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these years on infrastruct...
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FM launches eBक्रय for online auction of assets attached by banks
Ministry of FinanceSteps announced for boosting digital transactionsBankers assured of protection for prudent commercial decisions takenBank outreach to MSMEs and transmission of rate cuts continuesPo...
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Industry must Reduce Dependence on Imported Goods: Piyush Goyal
Ministry of Commerce & IndustryTo make Industry Competitive and Proactive Government and Industry must work together – Piyush GoyalCommerce and Industry Minister Inaugurates Exports Summit 2019Posted...