Economy and Finance
News and views related to the Indian Economy and Financial sector
UPI to be launched in Sri Lanka and Mauritius by PM Modi, president Wickremesinghe and PM Jugnauth, RuPay card too be inaugurated in Mauritius
ANI -
PM Modi, Sri Lankan President and PM of Mauritius will witness the launch of Unified Payment Interface (UPI) in Sri Lanka and Mauritius, as well as RuPay card services in Mauritius.
EPFO hikes interest rate on provident fund to 3-year high of 8.25% for FY 2023-24
After receiving the ratification from the Union government, the interest rate on EPF for FY 2023-24 will be credited into accounts of over six crore subscribers of EPFO.
“It was a crisis situation”: Union govt tables White Paper on Indian Economy in Lok Sabha narrating how UPA govt ruined the economy
Finance Minister Nirmala Sitharman on Thursday laid a White Paper on the Indian economy in the Lok Sabha
Persistent non-compliance: RBI explains why they took action against PayTM Bank
Speaking about RBI’s order against Paytm Payments Bank (PPB), RBI deputy governor Swaminathan J explained that the action was taken only after giving the firm sufficient time to comply
Trader’s body CAIT advises traders to switch from Paytm to other payment apps following RBI’s order against Paytm Payments Bank
"CAIT believes that if there is any evidence of fund irregularities, the Enforcement Directorate (ED) should investigate Paytm Payment Bank," the release added.
UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris
ANI -
The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday
Housing, railways, tourism, capex: Here are the key highlights of Budget 2024
Taking a jibe at the Congress-led UPA govt, the Finance Minister said that the Modi government is working with an approach to development that is "all round, all-pervasive and all-inclusive".
A tale of two interim budgets in 2014 and 2024, reduced capex and deferred payments to fraudulently save face in 2014 vs the best-managed...
The comparisons of numbers from the interim budget of 2014 and the current interim budget show a massive difference between the two budgets, both after 10 years of rules of UPA and NDA govts.
Budget 2024: New housing scheme to be introduced for middle class living in rented houses, slums, chawls or unauthorised colonies
The budget projects savings of up to Rs 15,000 to 18,000 annually for households from free solar electricity and selling the surplus to distribution companies.
Budget 2024: FM Nirmala Sitharaman highlights the steps taken by government in 10 years to transform Indian economy
ANI -
"Indian economy witnessed profound positive transformation in the last 10 years," said Sitharaman, while presenting Budget 2024 in the Parliament
