Follow Us on Google News Jaipur, March 11 (IANS) Rajya Sabha MP and Rajasthan BJP President Madan Rathore said on Tuesday that India has significantly reduced its dependence on crude oil imports while advancing toward its net-zero emission target. “Prime Minister Narendra Modi has worked on various policies to reduce the dependence on crude oil … Read more
Mumbai, Feb 14 (IANS) Amid rising fiscal deficit and public debt, the Maharashtra government has introduced an austerity drive directing 30 per cent cut in expenditure by all departments. The government has also directed a 20 per cent cut in expenses incurred on the use of fuel in government vehicles. The government has released a … Read more
Bengaluru, Feb 12 (IANS) Former Deputy Chairman of the erstwhile Planning Commission Montek Singh Ahluwalia on Wednesday advocated carving out two to three states from large States like Uttar Pradesh to give a new impetus to urbanisation. He also suggested picking up some tier-2 towns and developing them into “near-metros”. Ahluwalia shared his views at … Read more
New Delhi, Feb 7 (IANS) The 25bps rate cut by the Reserve Bank of India (RBI) is anticipated to complement the consumption-boosting measures announced in the Union Budget 2025-26, providing a boost to domestic demand drivers, industry leaders said on Friday. According to RBI Governor Sanjay Malhotra, the MPC has also unanimously decided to continue … Read more
Kolkata, Feb 5 (IANS) Chief Minister Mamata Banerjee said on Wednesday that West Bengal is an ideal business destination now as it does not witness power outages and strikes anymore. “There is no power cut these days. The days of regular strikes are over. An ideal work culture in the state is prevailing now. This … Read more
New Delhi, Feb 4 (IANS) SBI economists expect the RBI to announce a 0.25 per cent rate cut in the monetary policy committee meeting on February 7. As the fiscal stimulus of Budget 2025-26 plays out, the RBI at least in the short run has room for rate cuts, according to an SBI Research report … Read more
New Delhi, Jan 30 (IANS) Prime Minister Narendra Modi on Thursday said that the National Critical Minerals Mission, approved by the Cabinet, aims to reduce import dependence, strengthen domestic value chains and support India’s ‘Net Zero by 2070’ goal. Responding to an article written by Union Minister G Kishan Reddy on National Critical Mineral Mission … Read more
New Delhi, Jan 28 (IANS) Morgan Stanley on Tuesday said that it expects the Reserve Bank of India (RBI) to commence the rate easing cycle with a 25-bps rate cut, reflecting the current domestic growth-inflation dynamics. In addition, “we expect the Central bank to add durable liquidity and keep a close watch on currency to … Read more
New Delhi, Jan 26 (IANS) A pre-budget survey reveals that individual taxpayers want relief on the personal tax front to increase their disposable income in Budget 2025-26 to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A majority of respondents, 57 per cent, want lower tax rates, while 25 per cent … Read more