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RBI TRANSFER TO GOVT
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...- Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...
- Delhi Laxmi Yojana: BJP govt to launch Rs 2,500 monthly assistance scheme for women - Who is eligible, launch date, required documents and application processonDelhi Laxmi Yojana will provide eligible women Rs 2,500 monthly. The scheme is expected to launch on August 28, Raksha Bandhan day. Prepara...
- Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
- Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...
- Govt to allow up to 4 nominees per deposit accountOn Friday, the Union Cabinet approved several amendments to banking laws aimed at addressing unclaimed deposits and improving customer ease...
- What needs to be on returning Finance Minister Nirmala Sitharaman’s to-do listBack as FM, Sitharaman’s new challenges include economic costs of climate change, low job creation & tepid private investment
- Government's dividend income from RBI in FY25 to be similar to FY24, source saysRBI dividend: The Indian government expects dividend income from the Reserve Bank of India to remain consistent with last year. A surplus o...
- No consideration to levy any charges for UPI services: Finance Ministry"UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Go...
- RBI surplus transfer to govt at 44%; lowest in last 7 years: Ex finance secy SC GargSince 2013-14, the RBI has been paying 99 per cent of its disposable income to the government, which is battling to rein in deficits. In Au...
- RBI windfall: Where did the money come fromThe RBI accepted the Jalan committee’s recommendation, agreeing to transfer Rs 1.76 lakh crore to the government for 2018-19.
- Modi govt's monumental mismanagement is pushing the country to bankruptcy: CongressAnand Sharma said that the current slowdown of the economy is due to "monumental mismanagement" of economy by the Modi govt.
- Subhash Garg's early retirement may delay Jalan report furtherThe Bimal Jalan led panel on ECF might have to meet again since the final report hasn't yet been signed, an official said.
- Interim Budget: 10 Things to watch out forWhat should you watch out for in today's interim budget.
- Government carries a history of wanting more from RBIRBI has transferred Rs 30,659 crore to the government for the accounting year 2016-17, which was 99.99% of its gross income less total expe...
- Government looks to tap RBI surplus to keep fiscal math in check“We are discussing with the RBI whether there is scope for more transfer,” department of economic affairs secretary Subhash C Garg told rep...
- Government rules out new window to deposit scrapped notesChief Economic Adviser Arvind Subramanian had earlier told reporters that the shortfall in RBI dividend was in line with government's budge...
- Rexit: Friction points between the government and RBI governor Raghuram RajanFriction between government and RBI isn't new, with the central bank which doubles as the banking regulator in India, having long been accu...
- RBI to transfer SBI's stake to govtThe government will on Friday buy RBI's entire stake in SBI for over Rs 35,000 crore.
- Govt okays RBI stake transfer in SBIThe govt is likely to buy RBI's stake in SBI at the end of June, probably on the last day of RBI's financial year.
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