Category: Finance
Akasa eyes 35 per cent network growth in FY24, international ops getting ready
Akasa Air is looking at a 35 per cent growth in its domestic network in FY24, with its fleet strength going up to 26 aircraft, a 30 per cent rise
Read MoreArvind Panagariya appointed as 16th Finance Commission Chairman
President Droupadi Murmu has appointed Arvind Panagariya, former Vice Chairman of NITI Aayog and Professor, Columbia University, as Chairman of the 16th Finance Commission. Also read: Indian economy to reach
Read MorePM Modi inaugurates Maharishi Valmiki International Airport in Ayodhya
Prime Minister Narendra Modi inaugurated the Maharishi Valmiki International Airport in the temple city of Ayodhya on Saturday after inaugurating the Ayodhya Railway Station. PM Modi received a grand welcome
Read MoreInterest rates on two small savings schemes hiked for Jan-Mar 2024
The central government has raised the interest on two small savings scheme for January-March 2024 by 10-20 basis points. While the interest rate on three-year time deposit has been increased
Read MoreGovt extends deadlines for GST officers to issue demand notices for FY’19, FY’20
GST officers have been given more time to issue demand notices for discrepancies in annual returns for 2018-19 and 2019-20 financial years. On Thursday, the government extended the deadline in
Read MoreCBDT issues guidelines on 1% tax deduction by e-commerce operators
The Central Board of Direct Taxes (CBDT) on Thursday issued guidelines deduction of 1 per cent income tax of the gross amount of sale of goods or services by e-commerce
Read MoreSteel trade deficit widens to ₹2,400 cr as Chinese imports flood markets
India saw a surge in steel shipments from China, up nearly 50 per cent on a year-on-year basis to 1.34 million tonnes (mt), and a 500 per cent rise in
Read More‘DFS played a crucial role in improving bank asset quality in 2023’
The Department of Financial Services (DFS) in the Finance Ministry said on Wednesday that its strategic intervention has played a crucial role in the significant reduction of Non-Performing Assets (NPAs)
Read MoreGlobal rice prices up 7% in a month on high demand, low supplies
Rice prices in the global market have increased 7-8 per cent in the past month resulting in the rates soaring to a 15-year high on higher demand and low arrivals
Read More₹ payment effect: Engg exports to Russia rise 140% to $1 billion
Exports of engineering goods from India to Russia is soaring, thanks to the rupee payment arrangement. In the April-November period of the current year, India’s engineering goods exports to Russia
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