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Hyderabad: International Asteroid Day (IAD) is observed on June 30 every year to raise public awareness of asteroids and the importance of defending Earth against potential threats from the asteroid belts. This day has been sanctioned by the United Nations. Asteroids are small, rocky objects that orbit the sun. Even though these rocky remnants are the leftovers from the formation of our solar system that occurred about 4.6 billion years ago, they still orbit around the sun like planets. There a ...Read More >
Mumbai, June 30 (SocialNews.XYZ) Shares of IDBI Bank rose by 4 per cent to Rs 105 apiece on Monday after reports suggested that the government is preparing to invite financial bids for the lender. This move signals fresh momentum in the much-delayed disinvestment process of the bank. However, the share price consolidated later and was trading at Rs 104.26, up by Rs 2.94 or 2.90 per cent on the National Stock Exchange (NSE) around 1:50 p.m. The bank was yet to comment on the reports. Accordin ...Read More >
New Delhi [India], June 30 (ANI): States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated. The expected market borrowing plans have been decided upon by the RBI after consulting with the State Governments/Union Territories. Also Read | '4 Years Since You Left Us, Miss You': Mandira Bedi Remembers Husband Raj Kaushal on His Death Anniversary. On July 1, Rs 18,100 crore is proposed t ...Read More >
New Delhi, June 27 (SocialNews.XYZ) The total business of public sector banks has surged from Rs 203 lakh crore in FY 2022-23 to Rs 251 lakh crore in FY 2024-25 while the net non-performing assets (NPAs) have declined from 1.24 per cent to 0.52 per cent during this period, Finance Minister Nirmala Sitharaman was informed at the annual review meeting with bank chiefs here on Friday. The net profit of public sector banks has also risen from Rs 1.04 lakh crore to Rs 1.78 lakh crore, and dividend p ...Read More >
NEW DELHI: The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 percent. Luxury and demerit goods are taxed at the highest bracket of 28 percent, while packed food and essential items are in the lowest 5 percent slab. The Council, chaired by Sitharaman and comprising her state counter ...Read More >
New Delhi: The GST Council will soon decide on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at the highest bracket of 28 per cent, while packed food and essential items are in the lowest 5 per cent slab. The Council, chaired by Sitharaman and comprising her state counterparts, ...Read More >
New Delhi [India], February 3: The recently introduced Union Budget for the financial year 2025-26 has placed a significant emphasis on revitalizing the agricultural sector, which has always been the backbone of India's economy. Agriculture is not just a means of livelihood for millions; it plays a crucial role in ensuring food security and sustaining rural communities. With approximately 58% of the Indian population relying on agriculture for their livelihoods, its importance cannot be overstat ...Read More >
VMPL New Delhi [India], February 3: The recently introduced Union Budget for the financial year 2025-26 has placed a significant emphasis on revitalizing the agricultural sector, which has always been the backbone of India's economy. Agriculture is not just a means of livelihood for millions; it plays a crucial role in ensuring food security and sustaining rural communities. With approximately 58% of the Indian population relying on agriculture for their livelihoods, its importance cannot be ov ...Read More >
Guwahati, Jan 31 (PTI) The Gauhati High Court has issued notices to the Assam government and its various departments over rampant rat-hole coal mining and asked them to furnish what steps they have taken to stop the unlawful activity. Taking suo motu cognizance of the Dima Hasao coal mining tragedy, the high court registered a public interest litigation on Monday and issued notices the next day to seven government departments, including the office of the chief secretary. Also Read | Congress L ...Read More >
New Delhi, Jan 31 (PTI) The golden era of globalisation probably disappearing amid geopolitical and policy uncertainties, resulting in the economic growth slowdown, Chief Economic Adviser V Anantha Nageswaran said on Friday. India's economy is likely to expand by 6.3-6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and reforms in areas like land and labour to stimulate growth, according to the government's pre-Budget Econ ...Read More >
New Delhi, January 31: The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity. The government has prioritised improving the quality of life in rural areas to ensure equitable and inclusive development, according to the Economic Survey 2024-25. The survey highlights ...Read More >
New Delhi [India], January 17 (ANI): The budget session of Parliament will commence on January 31 and continue till April 4 with the union budget to be presented on February 1. President Droupadi Murmu will address the joint sitting of two houses of Parliament on January 31. Parliament will have an inter-session break from February 14 and the two Houses of Parliament will resume their sittings on March 10. Finance Minister Nirmala Sitharaman will present the union budget on February 1. The s ...Read More >
New Delhi, Jan 10 (VOICE) As the preparations for the Union Budget 2025-26, which generally comes on February 1, are in full swing, all eyes are now on the official confirmation from the government about presenting the budget over the weekend this year.There have been occasions in the past when the Union Budget was presented on Saturdays and the domestic stock markets were open. On February 1, 2020, and February 28, 2015, the markets were open on Saturday due to the presentation of the Union Bu ...Read More >
New Delhi, Dec 3 (PTI) Finance Minister Nirmala Sitharaman will commence customary pre-Budget consultations with various stakeholders beginning Friday. As part of the process, she will meet eminent economists on December 6 to seek their inputs regarding upcoming Budget amid seven-quarter low GDP print of 5.4 per cent recorded in the second quarter of the current financial year. Also Read | Pune Shocker: Bike Rider Dragged for 2 Kilometres on Bonnet of Car in Pimpri Chinchwad; 3 Booked. It wil ...Read More >
The Employees' Provident Fund Organisation (EPFO) via its circular asked the employees to activate their Universal Account Number (UAN) and Aadhaar seeding of the bank account. The activation and linking was to be done by November 30, 2024, so employees could get the direct benefit transfer (DBT)of the Employment Linked Incentive (ELI) scheme directly into their bank account. However, some employees would have missed the deadline to activate and link their UAN by November 30, 2024. ET Wealth spo ...Read More >
day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services t ...Read More >
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is ...Read More >
New Delhi | Existing Permanent Account Number (PAN) card holders are not required to apply for a new one under the upgraded PAN 2.0 system that is primarily aimed at introducing a 'common identifier' for all business-related activities, the Income Tax Department said on Tuesday. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, had approved the Rs 1,435-crore PAN 2.0 Project to streamline and modernise the process of issuing and managing PAN and TAN, mak ...Read More >
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