Search For "financial"
Indian companies' revenue surge in FY24 however wage growth of employees m
Updated : 1 year, 7 months ago IST
Around 4,000 listed companies in India reported a 6 per cent growth in revenue or gross sales during the financial year 2024, according to a report by the State Bank of India (SBI).
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Pakistan: Karachi residents struggle as soaring inflation drives up cost o
Updated : 1 year, 7 months ago IST
Soaring inflation in Pakistan has left the residents of Karachi grappling with the rising cost of essential goods, making it increasingly difficult for many to afford even basic necessities. Prices of staple items like tomatoes, onions, and petrol have surged in recent months, pushing ordina
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PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 7 months ago IST
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said in a release on Sunday.
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India continues to hold steady despite global uncertainties: CareEdge Rati
Updated : 1 year, 7 months ago IST
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
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Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 7 months ago IST
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
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DBT through Public Financial Management System supports Digital India: Fin
Updated : 1 year, 7 months ago IST
As part of its FinMin Year Review 2024 initiative, the Finance Ministry in a social media post on X, stated that DBT through Public Financial Management System (PFMS) supports Digital India by enabling electronic payment and receipt for Ministries and Departments in both Centre and States.
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BJP's Sachdeva questions CM Mann on AAP's promise of financial transfer to
Updated : 1 year, 7 months ago IST
In the letter, the BJP leader asked the Punjab CM whether the Punjab government is giving Rs 1000 to women as part of their 'five guarantees' as promised in the 2022 polls.
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PMJJBY has provided Rs 2 lakh life insurance coverage to over 21 crore ben
Updated : 1 year, 7 months ago IST
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided Rs 2 lakh life insurance coverage to over 21 crore beneficiaries, ensuring financial security for families in times of uncertainty, the Finance Ministry said on Saturday.
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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India's exports to US touch USD 77.5 bn in FY24, growing at 10.3 % CAGR ov
Updated : 1 year, 7 months ago IST
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
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AAP government understands struggles of women leading to inception of Mukh
Updated : 1 year, 7 months ago IST
Highlighting the extensive welfare measures taken by the Aam Aadmi Party government over the past decade--including free education, healthcare, and bus travel for women--CM Atishi emphasized that this new scheme represents a significant step toward ensuring true empowerment through financial
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3rd India-UK Financial Markets Dialogue held in GIFT City, Gujarat
Updated : 1 year, 7 months ago IST
The third India - UK Financial Markets Dialogue (FMD) took place at GIFT City (Gujarat International Finance Tec-City) in Gujarat on Thursday, according to an official release from the Ministry of Finance.
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