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GOVT FINANCE IN INDIA
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...- Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23The Rajya Sabha approved the Appropriation Bill for excess spending. This bill covers expenditures from the financial year ending March 31,...
- RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlookThe RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth fo...
- Tamil Nadu unveils roadmap to build $1.5-trillion economy by 2031Tamil Nadu's finance minister presented the 2026-27 budget, aiming for a $1.5 trillion economy by 2031. A new industrial policy will foster...
- Vodafone Idea needs tariff hikes to sustain network investments: Kumar Mangalam BirlaVodafone Idea's chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding ...
- Meta apologises over lapses; Ola Electric shares surgeMeta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5.
- Govt tables tax amendment Bill with FII relief, electronics manufacturing pushThe Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will...
- IndiGo to decide on next aircraft order in 2030 after assessing new-generation planes: Rahul BhatiaIndiGo plans to wait until the early 2030s before placing its next aircraft order as it evaluates next-generation aircraft technologies tha...
- Tharoor-led panel urges govt to closely monitor China's activities in BangladeshA parliamentary panel expressed concern over China's growing influence in Bangladesh. The committee urged India to monitor foreign powers' ...
- Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed....
- Gold pulled India back from the edge of crisis 35 years agoThirty-five years after India pledged 67 tonnes of gold to avert a balance of payments crisis, the episode remains one of the defining mome...
- PM Modi chairs second high-level meeting with Secretaries, reviews agenda for Viksit BharatPrime Minister Narendra Modi chaired a high-level meeting reviewing future action agendas. Discussions focused on finance, commerce, and te...
- Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says SitharamanUnion Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncerta...
- KKR backed Serentica Renewables secures $1.2 bn fundingSerentica Renewables has secured over $1.19 billion across three financing transactions. This funding will accelerate capacity expansion an...
- Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- Rubber plantation of 1.80 lakh hectares completed in North East under Project INROAD in 5 yearsProject INROAD has established over 179,000 hectares of new natural rubber plantations. This initiative, funded by four tyre companies, is ...
- World Bank Group commits $890 million to promote solar rooftop project in IndiaThe World Bank committed USD 890 million for India's solar rooftop initiative. This funding aims to bring clean energy to millions of homes...
- India's JK Tyre plans additional 5%-6% price hikes by September-endJK Tyre & Industries plans to increase product prices by eleven to thirteen percent. This move aims to offset rising input costs and follow...
- Government waives basic customs duty on key inputs for electronics manufacturingThe government has waived customs duty on key electronic components. This move aims to boost domestic manufacturing of smartphones and lapt...
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