New Delhi (IANS) A general perception is that most of the rural population is not well versed with digital banking in India. However, in what can be termed as a revelation, according to a pan-India “Financial Literacy and Inclusion survey” … read more
Markets in the week gone by opened on a positive note and were up on Monday. The optimism seemed to have then disappeared as we fell on each of the remaining four days of the week. On Friday, one failed … read more
New Delhi (IANS) Saying that inflation remains above the upper tolerance level, Reserve Bank of India (RBI) Governor Shaktikanta Das stated that calibrated monetary policy action is warranted to contain build-up in underlying inflationary pressures. “Our successive rate actions since … read more
New Delhi (IANS) Edtech major BYJU’s on Friday filed a comprehensive response to the notice by the National Commission for Protection of Child Rights (NCPCR) that alleged the company is buying phone numbers of children and their parents and threatening … read more
New Delhi (IANS) There were 198 government companies and corporations with accumulated losses of Rs 2,00,419 crore, as on March 31, 2021, and of these, the net worth of 88 companies had been completely eroded by their accumulated losses, a … read more
New Delhi (IANS) Substantial rise in the share of cesses and surcharges in the country’s gross tax revenue has been recorded over the years. The share of cesses and surcharges was 8.16 per cent of gross tax revenue in 2011-12 … read more
New Delhi (IANS) The GST Council on Saturday recommended decriminalising certain offences and doubled the threshold for launching prosecution from Rs one crore to Rs two crore, except for the offence of issuance of invoices without supply of goods or … read more
New Delhi (IANS) As the year comes to a close, edtech platforms have hogged headlines for all the wrong reasons — from leading layoffs in the Indian startup ecosystem to shuttering several verticals — and top on the list is … read more
New Delhi (IANS) Loans amounting to Rs 7.62 lakh crore have been provided by 84 lenders, both national and international, to thermal power projects in India, with a capacity of 1,000 MW and above between 2005-2022, a new report said … read more
New Delhi (IANS) The ongoing G20 Finance and Central Bank deputies meeting on Wednesday discussed strengthening coordination arrangements between Finance and Health Ministries for pandemic prevention preparedness. The two-day meeting, which had begun in Bengaluru on Tuesday, was coordinated by … read more