The Budget for the fiscal year 2024-2025, unveiled on 1st February 2024, reflects a comprehensive roadmap aimed at steering India towards prosperity, sustainability, and inclusive growth. With a vision of 'Viksit Bharat by 2047,' the budget outlines strategic initiatives and allocations across various sectors to realize the goal of a developed and … [Read more...] about Budget 2024-2025: Fostering Development, Inclusion, and Sustainability
Economics
Economics Current Affairs – 20 April – 30 April, 2015
Government hiked the Import duty on sugar to 40% from 25% and removed the excise levy on ethanol. Government approved a policy that gives permit to companies to tap gas finds. The policy approved by the Cabinet Committee on Economic Affairs, gives the companies an option to either develop the finds on their own risk or perform DGH- prescribed … [Read more...] about Economics Current Affairs – 20 April – 30 April, 2015
Economics Current Affairs – 1 April – 19 April
According to Moody’s, a global rating company, Indian economy is expected to grow at 7.5% during the year 2015 as compared to 7.2% during 2014. From this year tax payers will have to disclose all bank accounts held by them and instances of foreign travel to the income tax department while filling the form. This measure has been taken by the … [Read more...] about Economics Current Affairs – 1 April – 19 April
Economics Current Affairs – 02 February – 10 February, 2015
ITC acquires 2 brands from Johnson and Johnson: The brand acquired Savlon and Shower to Shower for an undisclosed sum. It is ITC’s 1st venture into personal care domain. SBI Q3 net rises 30% on higher non-interest income, reduced NPA: SBI has 30% raise in net profit in October- December quarter. Gross NPA against all advances stood at … [Read more...] about Economics Current Affairs – 02 February – 10 February, 2015
Economics Current Affairs – 25 January – 1 February, 2015
RBI constituted High Powered Committee headed by R Gandhi on Urban Cooperative Banks The Reserve Bank of India (RBI) constituted a High Powered Committee to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the Urban Cooperative Banking (UCB) Sector. The eight-member committee will be chaired by R … [Read more...] about Economics Current Affairs – 25 January – 1 February, 2015
Economics Current Affairs – 17 January – 24 January, 2015
State Bank of India signed a loan agreement for 100 million euro with European Investment Bank. The funds will be used for lending to private businesses in the country. As per the agreement, the loan will be utilized to support the development of private sector, in particular small and medium-sized enterprises, social and economic infrastructure … [Read more...] about Economics Current Affairs – 17 January – 24 January, 2015