Economy

Cabinet Approves Extension Of Digital India With Outlay Of Rs 14,903 Crore

Cabinet Approves Extension Of Digital India With Outlay Of Rs 14,903 Crore

Press Trust of India | Wednesday August 16, 2023, New Delhi

Cabinet today approved extension of Digital India project with an outlay of Rs 14,903 crore, Union minister Ashwini Vaishnaw said.

Adani Green Energy Targets 45 GW Of Renewable Energy By 2030

Adani Green Energy Targets 45 GW Of Renewable Energy By 2030

Press Trust of India | Tuesday August 15, 2023, New Delhi

Billionaire Gautam Adani's renewable energy company is targeting to set up 45 gigawatts (GW) of renewable energy capacity by 2030, as it looks to cut emissions and help India meet its carbon neutrality target.

Retail Inflation Rises Sharply Due To Food Prices, Highest In 15 Months

Retail Inflation Rises Sharply Due To Food Prices, Highest In 15 Months

Press Trust of India | Monday August 14, 2023, New Delhi

Retail inflation jumped to a 15-month high of 7.44 per cent in July as prices of vegetables and other food items spiked, according to official data released on Monday.

Wholesale Inflation Stays In Negative In July Even As Food Prices Rise

Wholesale Inflation Stays In Negative In July Even As Food Prices Rise

Press Trust of India | Monday August 14, 2023, New Delhi

The wholesale price-based inflation remained in the negative territory for the fourth straight month in July at (-) 1.36 per cent on easing prices of fuel, even though food articles turned costlier.

RBI Governor Shaktikanta Das Shares Solution For Countries In Debt Distress

RBI Governor Shaktikanta Das Shares Solution For Countries In Debt Distress

Asian News International | Friday August 11, 2023, Mumbai

Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of the solution.

Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial Year

Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial Year

Press Trust of India | Friday August 11, 2023, New Delhi

Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said today.

Centre To Release Buffer Onion In Market Immediately, Keep Prices In Check

Centre To Release Buffer Onion In Market Immediately, Keep Prices In Check

Press Trust of India | Friday August 11, 2023, New Delhi

The government today announced it will release onion from its buffer stock in the targeted regions with immediate effect to ensure prices remain under check till the new crop arrives from October onwards.

Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%

Lok Sabha Passes GST Bill To Tax Online Gaming, Casinos, Race Clubs At 28%

Press Trust of India | Friday August 11, 2023, New Delhi

Lok Sabha today approved amendments to the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.

Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha

Bill To Levy 28% GST On Online Gaming, Casinos Introduced In Lok Sabha

Press Trust of India | Friday August 11, 2023, New Delhi

Finance Minister Nirmala Sitharaman today introduced bills to amend the Central and Integrated GST laws to levy 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs.

Adani To Go Ahead With $50 Billion Hydrogen Project With Or Without TotalEnergies

Adani To Go Ahead With $50 Billion Hydrogen Project With Or Without TotalEnergies

Press Trust of India | Thursday August 10, 2023, New Delhi

Billionaire Gautam Adani's group is prepared to go ahead alone on the USD 50 billion green hydrogen project after its French partner, TotalEnergies SE, put investment in the venture on hold following allegations of fraud.

RBI Raises Per Transaction Limit For UPI Lite To Rs 500 From Rs 200

RBI Raises Per Transaction Limit For UPI Lite To Rs 500 From Rs 200

Press Trust of India | Thursday August 10, 2023, Mumbai

Reserve Bank on Thursday proposed to increase the per transaction payment limit to Rs 500 for UPI Lite in offline mode and announced other measures to further deepen the reach and use of digital payments in the country.

SBI Card Enables RuPay Credit Cards On UPI

SBI Card Enables RuPay Credit Cards On UPI

Press Trust of India | Thursday August 10, 2023, New Delhi

SBI Card and National Payments Corporation of India on Thursday announced the linking of SBI credit cards on RuPay platform with UPI.

Company Law Tribunal Approves Zee-Sony Merger

Company Law Tribunal Approves Zee-Sony Merger

Press Trust of India | Thursday August 10, 2023, Mumbai

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India).

Ola Cabs Loss Widens To Rs 3,082 Crore In FY22

Ola Cabs Loss Widens To Rs 3,082 Crore In FY22

Press Trust of India | Thursday August 10, 2023, New Delhi

Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler.

May Need To Go Beyond Keeping Arjuna's Eye To Tame Inflation: RBI Governor

May Need To Go Beyond Keeping Arjuna's Eye To Tame Inflation: RBI Governor

Press Trust of India | Thursday August 10, 2023, Mumbai

"We have to stand in readiness to go beyond keeping Arjuna's eye to deploying policy instruments, if necessary" to contain inflation, said Reserve Bank Governor Shaktikanta Das today.