Finance

finance

Amit Shah Launches Portal for Procurement of Pulses

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Amit Shah

Amit Shah Launches Portal The Union Cooperation Minister, Amit Shah, has recently launched a portal aimed at facilitating the procurement of pulses. In an effort to reduce dependency on imports, Shah has urged farmers to cultivate pulses on a large scale. He has assured them that the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and the National Cooperative Consumers’ Federation of India Limited (NCCF) will procure the produce …

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India Considers Import Duty Concessions in Proposed FTA with Oman

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Import Duty Concessions in Proposed FTA with Oman India is currently in discussions with Oman to finalize a Foreign Trade Agreement (FTA), with talks expected to conclude by the end of January 2024. As part of this agreement, India is considering offering import duty concessions on specific petroleum products and plastic items. An Indian official, speaking on the condition of anonymity, revealed that these concessions are important to Oman and …

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Sukanya Samriddhi Yojana: Increased Interest Rates and Benefits for the Future of Daughters

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Sukanya Samriddhi Yojana The Modi government has recently announced an increase in the interest rates of the Sukanya Samriddhi Yojana, a government scheme aimed at securing the future of daughters in India. This increase in interest rates is certainly good news for parents who have invested in this scheme or are planning to do so. Let’s take a closer look at the new rates and the impact they can have …

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Government Approves Rs. 1170 Crore for  Road Projects In Ladakh: Nitin Gadkari

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 Road Projects In Ladakh The Indian government has recently approved a significant allocation of Rs 1170 crore for road projects in Ladakh, according to the Minister of Road Transport and Highways, Nitin Gadkari. This funding aims to enhance connectivity and infrastructure development in the region. According to Union Minister Nitin Gadkari, the government has approved Rs 1,170.16 crore for 29 Ladakh road projects. Gadkari said that Rs 1,170.16 crore had …

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Government Increases Interest Rates on Small Savings Schemes for January-March 2024

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Small Savings Schemes The government has recently announced a hike in interest rates for two small savings schemes for the period of January–March 2024. This move aims to provide better returns to investors and encourage savings among individuals. The interest rates on these schemes have been raised by 10–20 basis points (bps), indicating a positive outlook for savers and investors. The interest rates for the January–March 2024 quarter of small …

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Transforming Ayodhya’s Infrastructure: PM Modi Unveils Projects Worth Over Rs 11,100 Crore

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Transforming Ayodhya’s Infrastructure: PM Modi Unveils Projects Worth Over Rs 11,100 Crore   Prime Minister Narendra Modi is set to unveil a series of transformative projects in Ayodhya, aimed at enhancing the city’s infrastructure. With an estimated cost of over Rs 11,100 crore, these initiatives are expected to uplift the region and contribute to its overall development. 1. Ayodhya Airport One of the key highlights of the event will be …

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Will the government increase the PPF investment cap in this budget? PPF is a popular long-term tax saving plan.

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Will the government increase the PPF investment cap in this budget? PPF is a popular long-term tax saving plan. The Public Provident Fund (PPF) is a popular long-term investment option in India that offers tax benefits along with steady returns. As the new budget approaches, there is speculation about whether the government will raise the investment limit for PPF. In this blog post, we will explore the current PPF investment …

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Russia’s Oil Exports Shift Focus to China and India

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Russia’s Oil Exports Shift Focus to China and India Deputy Prime Minister Alexander Novak announced on Wednesday that the majority of Russia’s oil exports this year have been directed towards China and India. This strategic move comes as a response to the economic sanctions imposed by Western countries, forcing Russia to quickly reroute its oil supplies. Before the West imposed sanctions against Moscow in response to the outbreak of hostilities …

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RBI Receives Threatening Mail: Mumbai Banks on High Alert

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RBI Receives Threatening Mail: Mumbai Banks on High Alert The Reserve Bank of India (RBI) has recently received a threatening mail, which has raised concerns and prompted heightened security measures in Mumbai. The sender of the mail has claimed that bombs will be planted not only at the central bank’s office but also at the premises of HDFC Bank and ICICI Bank in the city. On December 26, the Mumbai …

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Rana Kapoor, the CEO of Yes Bank, has been granted bail in the PMLA case.

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Rana Kapoor, the CEO of Yes Bank, has been granted bail in the PMLA case. In a significant development, Yes Bank’s former chief, Rana Kapoor, has been granted bail in a Prevention of Money Laundering Act (PMLA) case. Kapoor, who was arrested in March 2020 by the Enforcement Directorate (ED), has been in judicial custody for over a year. The decision to grant him bail comes as a relief for …

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