New Delhi : India’s coal production witnessed a significant rise of 6.48% in the first five months of the current financial year, reaching 384.08 million tonnes (MT). This marks an increase from 360.71 MT produced during the same period in the previous fiscal year. Coal India Limited (CIL), which contributes over 80% of the country’s Read More…
Today, Prime Minister Narendra Modi laid the foundation stone for the Rs 76,000 crore Vadhvan Port in Maharashtra, marking the beginning of a transformative project that is poised to become one of India’s largest deep-water ports. Located near Dahanu in Palghar district, this ambitious initiative is set to reshape India’s maritime landscape and boost its Read More…
New Delhi: In a landmark decision, the Union Cabinet, led by Prime Minister Narendra Modi, has approved the creation of 12 cutting-edge industrial smart cities across 10 states, a move poised to transform India’s industrial landscape. Announced by Union Minister Ashwini Vaishnaw, this ambitious project is a significant push towards bolstering manufacturing capabilities, enhancing economic Read More…
Paytm’s founder and board members face show-cause notices over alleged violations. In a major setback for Paytm, the Securities and Exchange Board of India (SEBI) has issued show-cause notices to the company’s founder, Vijay Shekhar Sharma, and its board members for alleged misrepresentation of facts during its initial public offering (IPO) in November 2021. The Read More…
New Delhi: India’s robust economic growth continued in August, as a stronger services sector offset a slight slowdown in manufacturing expansion. This positive trend suggests that India will maintain its position as the world’s fastest-growing major economy despite global economic uncertainties. According to the HSBC’s flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Read More…
By our Financial correspondent Thiruvananthapuram, June 17 (IVC) The total remittance from the migrants touched to a record amount of Rs 2,16,893 crore in 2023 as against Rs 85,092 crore in 2018, marking an increase of 54.9 per cent , strengthening and stabilizing Kerala’s economy , according to the findings of the kerala migration survey Read More…
. Nirmala Sitharaman assumed charge today as the Union Minister of Finance & Corporate Affairs in New Delhi. Smt. Sitharaman was greeted at the office in North Block by Finance Secretary Dr. T.V. Somanathan and other Secretaries of the Ministry of Finance and Corporate Affairs. She expressed her sincere gratitude to Prime Minister Shri Narendra Read More…
₹3.83 lakh crore gross GST revenue collection in FY2024-25 (till May 2024) records 11.3% y-o-y growth Net Revenue (after refunds) grows 11.6% in FY 2024-25 (till May 2024) Domestic Gross GST Revenue grows 15.3% in May, 2024
The Prime Minister, Shri Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai, Maharashtra today. Shri Modi also released a commemorative coin to mark 90 years of RBI. The Reserve Bank of India (RBI) commenced its operations on the 1st of April in Read More…
Gross Goods and Services Tax (GST) revenue collected for February 2024 is ₹1,68,337 crore, marking a robust 12.5% increase compared to that in the same month in 2023. This growth was driven by a 13.9% rise in GST from domestic transactions and 8.5% increase in GST from import of goods. GST revenue net of refunds for February 2024 Read More…