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GOVERNMENT EXPENDITURE INCREASE
Cabinet raises EPFO wage ceiling to Rs 25,000 from Rs 15,000The government has increased the provident fund wage ceiling to Rs 25,000 monthly. This significant move aims to expand social security cov...- EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the governmentIn a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees ...
- India's Data Centre development pipeline through 2030 reaches 3,860 MWIndia's data centre pipeline is projected to reach 3,860 MW by 2030. This expansion requires nearly $29.9 billion in development capital fo...
- Global Market: Japan bond yields rise as inflation concerns build ahead of Fed decisionJapanese government bond yields extended their rise as higher oil prices and Middle East tensions fuelled inflation concerns. Longer-dated ...
- US seeks details of India's rice stocks used for Ethanol outputThe United States has sought details from India on the use of rice for ethanol production. Washington has alleged that India’s rice stocks ...
- Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
- Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explainsAxis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign out...
- As private wallets begin to open, India's big future bet takes offIndia’s Rs 1 lakh crore RDI programme is beginning to unlock venture capital flows into deeptech, marking a shift in the country’s attempt ...
- K-nest Construction Tech enters the DeepTech space with indigenous automation solutionsCompany brings robotics, 3D construction printing, human augmentation, precision sensing and automated high-rise construction systems into ...
- TVK’s Rs 79,219 crore spending push raises fresh concerns over Tamil Nadu financesThe Tamil Nadu government announced a massive Rs 79,219 crore budget for development projects. This spending faces criticism amid concerns ...
- US consumer inflation picks up in August, up 3.4% YoYIn August, consumer prices in the U.S. surged, mainly due to increasing gasoline prices. This trend elevates the likelihood of an interest ...
- Kotak Realty Fund invests Rs 800 crore in Smartworld Sky Arc and Trump ResidencesIn a notable move, Kotak Realty Fund has allocated Rs 800 crore to Gurugram-based projects, enhancing the luxury residential sector support...
- New-age industries fuelling India's capex cycle, says SBI chiefCorporate spending on infrastructure projects is increasing across India. New sectors like data centers and green hydrogen are driving cred...
- 8th Pay Commission news: Pensioners' body in Chennai recommends 3.83 fitment factor; but can 8th CPC deliver it?8th Pay Commission latest news: In a bold move, multiple employee unions are pushing for a minimum pay of Rs 69,000 in the 8th Pay Commissi...
- Assam, Meghalaya CMs seek renewed push for Externally Aided Projects in Northeast IndiaAssam and Meghalaya Chief Ministers met Union Finance Minister Nirmala Sitharaman. They sought a renewed push for Externally Aided Projects...
- Global Market: Amazon diversifies debt funding with first Sterling bond offeringAmazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversif...
- Global Market: Japan GDP revision signals resilience as markets brace for BOJ policy moveapan’s Q2 GDP grew at an annualised 1.4%, beating the initial 1.1% estimate but missing forecasts. The revision reflected a smaller decline...
- West Bengal cabinet approves remuneration hike of over one lakh staffWest Bengal government will enhance employee remuneration benefiting over one lakh people. Forest officials and volunteers will see increas...
- Fiscal mismanagement left West Bengal practically bankrupt: CM Suvendu AdhikariWest Bengal faces financial distress due to past mismanagement, according to Chief Minister Suvendu Adhikari. He stated the state requires ...
- Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: ReportIndia's fiscal position remains comfortable in early FY27 months. Slower nominal GDP growth could pressure the fiscal deficit target. Gover...
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