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When Prime Minister Narendra Modi reported on rising fuel prices in many opposition-ruled states, including Rajasthan, Chief Minister Ashok Gehlot said on Wednesday that the prime minister “accidentally mentioned Jaipur instead of saying Bhopal” as gasoline and diesel cost more in BJP. ruled Madhya Pradesh. The Congress leader also said that the Rajasthan government has …
The Finance Department said on Wednesday that the center has already released eight months of GST allocation to states for the fiscal year ending March 2022 and that there are Rs 78,704 crore outstanding due to insufficient funds in the fund. In a statement, the ministry said that normally GST compensation is released for 10 …
The union cabinet approved on March 26 a six-month extension (of 1 in addition to his normal quota of food grains under the National Food Safety Act (NFSA)) to Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY). The PDG press release further stated that the government will spend Rs 80,000 crore on 24.4 million tonnes (t) …
The Employees Provident Fund Organization (EPFO) Universal Account Number (UAN) and the new informal sector workers database are expected to be interoperable to provide a transparent backbone for universal social security coverage in the broader labor market. “One registry and one UAN should be enough for all workers in the labor ecosystem,” a senior government …
Loan interest rates are expected to rise and bank rates are expected to change in May. Investment funds will adopt the swing pricing mechanism and management companies will have to start investing more in their own devices. These are the main regulatory and operational changes that are expected to start in May. Home because loan …
India has asked utilities and private companies to ensure the delivery of 19 million tonnes of coal from abroad by the end of June, according to a letter from the Ministry of Energy, reflecting the urgency of securing supplies in a costly market in amidst ever-increasing blackouts. The move, which is the first time the …
According to preliminary data released by the Commerce Department on January 1. However, imports did not fall by the same magnitude, totaling $58.26 billion compared to $60.74 billion in March. Thus, the goods trade deficit widened from US$18.51 billion to US$20.07 billion during the period. On an annual basis, export and import growth remained strong. …
On April 29 ReseOn April 29 Reserve Bank of India (RBI) report said price stability is a necessary condition for strong and sustainable growth, along with a seven-point reform plan. The focus on price stability is important given that shortly thereafter the Monetary Policy Committee (MPC) highlighted the threats of high inflation in the economy …