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'Full Of Life, Witty And Insightful': PM Modi Remembers Rakesh Jhunjhunwala

'Full Of Life, Witty And Insightful': PM Modi Remembers Rakesh Jhunjhunwala

The stock market maverick, Jhunjhunwala, was known for his bullish outlook on the stock market. As of 2022, he had assets worth $5.5 billion and was ranked as the 36th richest man in India

14 August 2022
71% Consumers Open To Sharing Data On Account Aggregator Platform, Finds Report

71% Consumers Open To Sharing Data On Account Aggregator Platform, Finds Report

According to a report, 71 per cent of consumers are open to sharing financial data on an account aggregator platform and 29 per cent prefer net-banking, manual...

08 August 2022

What Is Recession? All You Need To Know

Recessions are marked drops in economic activity that can last for months or years.

Government Won't Be Able To See Inflation As It's Wearing 'Blindfolds Of Arrogance': Rahul Gandhi

Government Won't Be Able To See Inflation As It's Wearing 'Blindfolds Of Arrogance': Rahul Gandhi

Rahul Gandhi's remarks were also a dig at BJP MP Nishikant Dubey's comments during the debate.

02 August 2022

Adhir Ranjan Chowdhury Rejects Charge That Congress Pushed For Price Rise Debate Despite Indisposition Of Finance Minister

Nirmala Sitharaman was infected with Covid-19 last month. ...I refute the charges because these are based upon unmitigated falsehood, Adhir Ranjan Chowdhury...

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28 July 2022
Finance Minister Nirmala Sitharaman Seeks Apology From Sonia Gandhi Over Adhir's 'Rashtrapatni' Remark

Finance Minister Nirmala Sitharaman Seeks Apology From Sonia Gandhi Over Adhir's 'Rashtrapatni' Remark

Rajya Sabha Chairman and Vice President M Venkaiah Naidu said nobody is supposed to make any derogatory comments against the President of India.


26 July 2022
Crypto, NFT Banning Can Be Effective Only After Global Collaboration: Finance Ministry

Crypto, NFT Banning Can Be Effective Only After Global Collaboration: Finance Ministry

Union Minister of State for Finance Pankaj Chaudhary said that any legislation for regulation or for banning cryptocurrencies and non-fungible tokens (NFTs)...


26 July 2022
What You Need to Know About International Bullion Exchange, SGX Nifty Before July 29 Launch In Gift City

What You Need to Know About International Bullion Exchange, SGX Nifty Before July 29 Launch In Gift City

PM Modi will open the trading of SGX NIFTY and launch the International Bullion Exchange (IIBX) in Gandhinagar, Gujarat, on July 29, 2022.


26 July 2022
Why Government Not Allowing Debate On Price Rise, GST: Congress On Disruptions In Parliament

Why Government Not Allowing Debate On Price Rise, GST: Congress On Disruptions In Parliament

Both Houses of Parliament have failed to transact any significant business in the wake of continued protests by the opposition over demands for an urgent...


25 July 2022
Rs 14,820 Crore Tax Demand Raised Under Black Money Law On Foreign Income: Government

Rs 14,820 Crore Tax Demand Raised Under Black Money Law On Foreign Income: Government

Finance Minister Nirmala Sitharaman said in the cases related to deposits made in unreported foreign bank accounts in HSBC, undisclosed income of more than Rs...


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25 July 2022
Debt Raised By State PSUs To Be Considered Borrowing By State: Nirmala Sitharaman

Debt Raised By State PSUs To Be Considered Borrowing By State: Nirmala Sitharaman

All States have enacted their Fiscal Responsibility and Budget Management (FRBM) Act Compliance to the State FRBM Act is monitored by the respective State...


20 July 2022
Phased Implementation Of Digital Currency For Wholesale, Retail Segments At Works: RBI Official

Phased Implementation Of Digital Currency For Wholesale, Retail Segments At Works: RBI Official

The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of...


19 July 2022
GST On Daily Use Items: Nirmala Sitharaman Says Decision Taken With All States Onboard

GST On Daily Use Items: Nirmala Sitharaman Says Decision Taken With All States Onboard

Non-BJP ruled states of Punjab, Chhattisgarh, Rajasthan, Tamil Nadu, West Bengal, Andhra Pradesh, Telangana and Kerala had agreed to imposing the 5 per cent...


17 July 2022
Govt Calls All-Party Meet On Sri Lanka Crisis On Tuesday; Sitharaman, Jaishankar To Brief MPs

Govt Calls All-Party Meet On Sri Lanka Crisis On Tuesday; Sitharaman, Jaishankar To Brief MPs

During a meeting of all parties convened ahead of the Monsoon Session of Parliament, Tamil Nadu-based DMK and AIADMK demanded that India should intervene in...


17 July 2022
New GST Rates To Be Applicable From Monday. Check Out Details Here

New GST Rates To Be Applicable From Monday. Check Out Details Here

Last month, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, had pruned the exemption list and...


15 July 2022
G20 Finance Leaders In Bali To Tackle Ukraine, Inflation

G20 Finance Leaders In Bali To Tackle Ukraine, Inflation

The meetings in Bali's Nusa Dua resort town follow a gathering there of foreign ministers earlier this month that failed to find common ground over Russia's...


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14 July 2022
Automatic Exchange Of Info Should Also Cover Assets Like Crypto: Nirmala Sitharaman

Automatic Exchange Of Info Should Also Cover Assets Like Crypto: Nirmala Sitharaman

Tax evaders, being smart, explore other avenues to shift their unaccounted wealth through investment in nonfinancial assets, she noted


07 July 2022
FM Meets Heads Of PSU Banks; Urges Them To Ensure Credit Flow To KCC Holders

FM Meets Heads Of PSU Banks; Urges Them To Ensure Credit Flow To KCC Holders

During the half-day long meeting with the CEOs of public sector banks, she also asked them to help Regional Rural Banks (RRBs) in technology improvement


07 July 2022
Nirmala Sitharaman Asks NITI Aayog To Map All Industrial Activities For Incorporating Them Into PM Gati Shakti

Nirmala Sitharaman Asks NITI Aayog To Map All Industrial Activities For Incorporating Them Into PM Gati Shakti

She also suggested to the shipping ministry to look at all the seaports in the country and their linkages with industrial corridors


07 July 2022
FM To Meet Heads Of Banks; To Review Performance, Governance Reforms In RRBs

FM To Meet Heads Of Banks; To Review Performance, Governance Reforms In RRBs

According to sources, the meeting is expected to review governance reforms in Regional Rural Banks (RRBs).


01 July 2022
Government To Review New Taxes Levied On Crude, Diesel, ATF Every Fortnight, Says Finance Minister

Government To Review New Taxes Levied On Crude, Diesel, ATF Every Fortnight, Says Finance Minister

She said that if oil is not being available and exports are happening at such phenomenal profit, we need at least some of it for our own citizens


30 June 2022
Rupee Relatively Better Placed Than Other Global Currencies Against Dollar: Sitharaman

Rupee Relatively Better Placed Than Other Global Currencies Against Dollar: Sitharaman

Emerging market currencies have been falling against the dollar amid geopolitical tensions in the wake of the Russia-Ukraine war, concerns over growth, high...


30 June 2022
Rate Tweaks To Make Up For Inefficiencies In Value Chain; States Conscious Of Inflation Impact: Nirmala Sitharaman

Rate Tweaks To Make Up For Inefficiencies In Value Chain; States Conscious Of Inflation Impact: Nirmala Sitharaman

Stating that all states are aware of the potential impact of rate rationalization on inflation, Sitharaman said any increase in tax rates will also make up for...


29 June 2022
Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Another GST Council Meeting Concludes Without Any Decision Made On Compensation Period Extension

Several states had raised the issue of compensation regime extension before the Council. The economic slowdown brought the center-state relation under stress,...


28 June 2022
Crucial 2-Day GST Council Meeting On Compensation Period Extension For States, Rate Rationalization Begins 

Crucial 2-Day GST Council Meeting On Compensation Period Extension For States, Rate Rationalization Begins 

Opposition-ruled states are expected to raise the issue of compensation regime extension that is presently in place to bridge revenue loss to states on account...


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