The country's retail inflation is expected to decline to 4.5 per cent in the last quarter (January-March) of the financial year 2024-25 (FY25), while the overall average inflation for the year is likely to be at 4.8 per cent, according to a recent report by the State Bank of India (SBI).
The subsidy burden of the government is expected to rise to approximately Rs 4.1-4.2 lakh crore in the financial year 2024-25 (FY25) more than the budget estimates, according to a report by the Bank of Baroda.
Maharashtra has emerged as the frontrunner in attracting Foreign Direct Investment (FDI), with the state having already received 95 per cent of its annual average FDI inflow in just the first six months of the financial year 2024-25, stated Maharashta Chief Minister Devendra Fadnavis on Frid
The central government has kept the interest rates unchanged on various small savings schemes for the January-March quarter of Financial year 2024-25, according to an official notification from the Ministry of Finance.
India's Current Account Deficit (CAD) is expected to remain at 1.1 per cent of the Gross Domestic Product (GDP) in the financial year 2024-25 (FY25), according to a report by ICICI Bank.
The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance.
The central government on Tuesday released funds under the Fifteenth Finance Commission (XV FC) grants for rural local bodies in Uttar Pradesh and Andhra Pradesh for the financial year 2024-25.
The government has realised Rs 8,625 crore through various minority stake sale disinvestments so far during the current financial year 2024-25, MoS Finance Pankaj Chaudhary informed Lok Sabha on Monday in a written reply.
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
According to an official release from the Department of Information and Public Relations, "In line with the vision of Chief Minister Pushkar Singh Dhami, there has been significant progress in the mining sector during the current financial year 2024-25."