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STRESSED GOVT FINANCES
Motivational Quote of the Day by Barack Obama: "Money is not the only answer, but it makes a difference". Powerful lessons on financial responsibilityFormer US President Barack Obama's insight that "money is not the only answer, but it makes a difference" is highly relevant today. Financi...- Amit Shah orders razing of illegal structures along Indo-Pak borderUnion Home Minister Amit Shah has directed the authorities to enforce a strict zero tolerance policy against illegal constructions near the...
- Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
- 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...
- RBI's record dividend payout to provide partial cushion to stressed govt finances: ExpertsThe all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...
- Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
- Central Bank to launch GIFT city branch next month: MDCentral Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...
- India pushes MSME finance, cooperation agenda under BRICSIndia is leading BRICS efforts to boost small businesses. The focus is on better access to finance and using fintech for credit. BRICS nati...
- Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
- India plans ₹2-2.5 lakh crore credit guarantee scheme amid West Asia conflictIndia is introducing a new credit guarantee scheme to help industries facing higher costs due to the West Asia conflict. This initiative ai...
- DFS Secy directs faster settlement of claims under Jan SurakshaThe Finance Ministry has instructed private banks to actively participate in government initiatives. Focus is on swift claim settlements un...
- Budget 2021 Highlights: Big capex push; no tax change; realty gets a boostThe Budget tabled by the FM concentrated on six key areas for growth - health and wellbeing, infrastructure, inclusive growth, human capita...
- Budget FY22: Can FM rejuvenate the Indian economy? Here are some possibilitiesWill she be able to provide the spark that can turn the recovering economy into an engine of growth? ET looks at the possibilities.
- Rural sector & Budget: Key highlightsAgricultural credit availability raised to Rs 15 lakh crore in Budget, says Nirmala Sitharaman.
- Govt announces Rs 20,000 crore stress fund for real estate, sops for exporters: Key HighlightsIn the last few weeks, government has announced a slew of measures to revive economy.
- Focus is on ease of living as well as ease of doing business:PM ModiModi said that, he is convinced that such initiatives will help the farmers and would lead to an improvement in their lives.
- President Pranab Mukherjee kicks off Budget session: 15 key points from his opening speechKicking off the session, President Pranab Mukherjee called the move to merge the Railway and Union Budgets this year as historic.
- Citigroup on how India can meet its 5.3% fiscal deficit targetHere are the key income and expenditure trends to watch out for in the next two months as highlighted by Citigroup.
- What broking houses expect from BudgetRead what the broking houses expect from Union Budget 2009-2010.
- Chidambaram hits at steel, cement cartelsThe Finance Minister again targeted cement and steel producers warning that the govt was looking at legal measures to deal with them. World...
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