Business
Paypal to shut domestic payment services within India from Apr 1
Agencies -
New Delhi: Digital payment solutions provider Paypal on Friday said it will stop offering domestic payment services within India from April 1, the PTI reported.The US-based company will instead focus on enabling more international sales for Indian businesses."We will...
Business
RBI maintains status quo for fourth time in a row; keeps key rate static at 4%
Agencies -
Mumbai: The RBI Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in future if need arises to support the economy hit by the COVID-19 pandemic.The Reserve...
Business
Govt to provide Rs 1000 crore for welfare scheme for tea workers of Assam and West Bengal
New Delhi: With an eye on elections in West Bengal and Assam, the Finance Minister proposed to provide Rs 1,000 crore for the welfare of Tea workers, especially women and their children in Assam and West Bengal for which a special...
Business
Summary of the Budget 2021-22
                                                                  PART-ANew Delhi: Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament Monday, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19...
Business
Govt pegs fiscal deficit at 6.8% in FY22
Agencies -
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government estimates a fiscal deficit of 6.8 per cent of the gross domestic product (GDP) in the next financial year beginning April 1, the PTI reported.However, the fiscal deficit...
Business
Govt committed to farmers’ welfare, MSP system strengthened: Finance Minister
Agencies -
New Delhi: Stressed that the government is committed to farmers' welfare, Finance Minister Nirmala Sitharaman on Friday said the MSP regime has undergone a "sea change" to assure price at least 1.5 times of production cost with a sharp...
Business
GST revenues at record high of Rs 1.20 lakh cr in Jan
Agencies -
New Delhi: GST collections surged to an all-time high of about Rs 1.20 lakh crore in January as economic activities picked up after the withdrawal of stringent lockdown restrictions, the PTI reported.Mop-up from the Goods and Services Tax (GST),...
Business
Stock markets ahead: Budget, RBI policy major events to watch out for
Agencies -
New Delhi: Stock markets are expected to remain volatile in this eventful week as the Union Budget, macro data and RBI policy would be keenly watched by investors, say analysts.The ongoing quarterly earnings season would also be in focus...
Business
Economic Survey 2021: Exports may dip 5.8%, imports by 11.3% in second half of 2020-21
Agencies -
New Delhi: The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though the implementation of several measures by the government would help...
Business
Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UN
Agencies -
United Nations: India's economy is projected to grow at 7.3 per cent in 2021, even as it is estimated to contract by 9.6 per cent in 2020 as lockdowns and other efforts to control the COVID-19 pandemic slashed domestic...
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Canchipur Lions Clubs honour District Guv, extend community support
Canchipur: The Lions Clubs of Canchipur Centurion, Canchipur Greater, and Canchipur Palace hosted an official visitation of District Governor...