Search For "expenditure"
Household spending in India shifts towards asset-building, Motor vehicles
Updated : 3 months, 2 weeks ago IST
Household spending patterns in India are witnessing a major shift from basic necessities towards asset-building expenditure, highlighted a survey report by the Economic Advisory Council to the Prime Minister (EAC-PM).
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Department of Expenditure concludes two-day Chintan Shivir, discusses amon
Updated : 3 months, 4 weeks ago IST
The Department of Expenditure, Ministry of Finance, organised a two-day 'Chintan Shivir 2025' in Sawai Madhopur, Rajasthan this week. Apart from officers of the Department of Expenditure, Ministry of Finance, the event witnessed participation of representatives as well as Finance Departments
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VP Radhakrishnan attends Audit Diwas in Delhi; commends CAG for upholding
Updated : 3 months, 4 weeks ago IST
In his address, the Vice-President appreciated the pivotal role of the Comptroller and Auditor General of India, calling the institution the "guardian of the public purse." He highlighted that by upholding fairness and truth in auditing, the CAG stands as a pillar of accountability, trans
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Banks at crossroads as AI costs rise and risks escalate: S&P Report
Updated : 4 months ago IST
Global banking sectors are facing growing challenges due to rapid digitalization, adoption of artificial intelligence (AI), climate change, and increasing cyber threats, according to a report released by S&P Global Ratings.
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Rs 1 lakh crore fund to mitigate R&D risks, spur private investment in cut
Updated : 4 months, 1 week ago IST
The recently launched Rs 1 lakh crore Research Development and Innovation (RDI) fund, particularly focused on India's private sector, aims to support the private research and innovation mindset among players and mitigate the financial risks associated with it.
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India's data centre capacity set to grow 5x to 8GW by 2030: Jefferies
Updated : 4 months, 1 week ago IST
India's data centre capacity is expected to expand fivefold to 8GW by 2030, propelled by rising data consumption, growing cloud adoption, regulatory data localisation requirements, and increasing deployment of artificial intelligence (AI), according to the sectoral update by Jefferies.
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CAG announces creation of centralised cadres to boost audit expertise
Updated : 4 months, 1 week ago IST
The Comptroller and Auditor General (CAG) of India has approved the creation of two new specialised cadres within the Indian Audit and Accounts Department (IA&AD): the Central Revenue Audit (CRA) Cadre and the Central Expenditure Audit (CEA) Cadre, effective January 1, 2026.
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SEOAgency.in Celebrates 91% Customer Retention and introduces Generative E
Updated : 4 months, 1 week ago IST
New Delhi [India], November 6: SEOAgency.in, a performance-based search engine optimization and organic growth firm has declared 91% client retention rate and 93% client satisfaction rating, the previous fiscal year, a decisive move in the fast-growing digital marketing industry in India. Th
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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APSEZ CEO highlights progress on capex, capital optimisation, and sustaina
Updated : 4 months, 1 week ago IST
Ashwani Gupta, Whole-time Director and CEO of Adani Ports and Special Economic Zone Ltd (APSEZ), on Tuesday highlighted three key areas of progress for the company, noting ongoing investments under its five-year capital expenditure plan, initiatives for capital optimisation, and a continued
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Fitch upgrades Adani Ports outlook to 'Stable' as group shows diversified
Updated : 4 months, 1 week ago IST
The outlook of Adani Ports and Special Economic Zone Limited (APSEZ) has been revised by Fitch Ratings to Stable from Negative. It has also affirmed its Long-Term Foreign-Currency Issuer Default Rating (IDR) and unsecured note rating at 'BBB-'.
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"India no longer consumer of technology, but pioneer in technology-driven
Updated : 4 months, 1 week ago IST
"India is no longer a consumer of technology, but a pioneer in technology-driven transformation. During COVID, we developed an indigenous vaccine in record time. We launched the world's largest vaccination program. It became possible because today we have the world's first and most succes
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