LiveInterest Rates of Various Government Schemes for Q2 FY2024-25 Remain Unchanged
The government has decided to keep the current interest rates for small savings schemes the same, for the period of July to September 2024, i.e....
Category : ECONOMY
SEBI Raised Basic Demat Account Limit to Rs 10 Lakhs
SEBI has increased the limit for the basic service demat account to Rs 10 lakhs from the current Rs 2 lakhs to encourage small investors...
India’s Fiscal Deficit Narrowed To 3% for April-May, Totalled to Rs 50,615: CGA Data
On June 28, Friday, the Controller General of Accounts (CGA) reported that India’s fiscal deficit for the first two months of the financial year 2024-25...
RBI released 29th Issue of the Financial Stability Report (FSR): Key Highlights
Today, on June 27, the 29th issue of the Financial Stability Report (FSR) was published by the Reserve Bank of India (RBI). This report provides...
53rd GST Council meeting key takeaways: Major announcements in June 2024
In the 53rd GST Council meeting held on June 22, 2024, notable announcements were made by Finance Minister Nirmala Sitharaman. Sitharaman chaired the meeting, which...
Pre-budget Meets’ Key Highlights led by Finance Minister Nirmala Sitharaman
Finance and Corporate Affairs Minister Nirmala Sitharaman chaired four pre-budget consultations with leading economists, financial and capital markets experts, industry leaders, associations, and representatives from...
Finance Ministry Announced Additional Tax Devolution Of Rs 1.39 Lakh Crores For June 2024
In June, the central government devolved Rs 1.39 lakh crore to states as part of its tax revenue. Devolution involves delegating financial resources and decision-making...
RBI Monetary Policy Committee Meeting in June 2024: Key highlights
The RBI’s Monetary Policy Committee (MPC) convened its first meeting following the Lok Sabha Elections 2024 and decided to maintain the repo rate at 6.5%. ...
RBI Discusses With SEBI To Allow Mutual Funds To Sell Debt To ARCs
The Reserve Bank of India (RBI) is in discussions with the Securities and Exchange Board of India (Sebi) to allow mutual funds to sell their...
GOI Collected Rs 852 Crores For Exporters Under Amnesty Scheme
The government has recovered about Rs 852 crore under the amnesty scheme for exporters, allowing them to settle defaults in export obligations. Six thousand seven...