Govt likely to extend RBI Governor Shaktikanta Das’ term for second time: Report

India’s government is likely to extend the term of central bank governor Shaktikanta Das for a second term, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest-serving chief since the 1960s. Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi’s administration … Read more

Bank interest rates should be more affordable, current rates stressed: Nirmala Sitharaman FM

Finance Minister Nirmala Sitharaman speaks at an event organized by SBI. Union Finance Minister Nirmala Sitharaman on Monday urged banks to make loans affordable, adding that current interest rates are “very stressful”. She was speaking at an event organized by SBI. Currently, India needs to grow industries and invest in new facilities, adding that reducing … Read more

Canadian PM Justin Trudeau admits government has failed on migrant issue, immigration policy was flawed

Canada Immigration Policy: Canadian Prime Minister Justin Trudeau has admitted that his government has made some mistakes that have led to record numbers of immigrants in the country. Trudeau said this in a video posted on his official YouTube channel on Sunday. “Our population has grown exponentially in the last two years. Fake colleges and … Read more

Center during the current financial year in direct taxes Rs. Hopes to recover over 22 lakh crore: CBDT chief

So far in the current financial year, the central government’s net direct tax collection has increased by 15.4 percent year-on-year to Rs. 12.1 lakh crore has happened. CBDT chairman Ravi Aggarwal on Monday said that the central government in the current financial year 2024-25 will spend Rs. 22 lakh crore hopes to cross the direct … Read more