finance

New Delhi [India], Finance Commission grants to Gram Panchayats of Kerala may not be released by the Center as the southern state has not followed some of the laid down procedures recommended by the 15th Finance Commission.There are reports in the local media in Kerala about alleged negligence...

Bhopal (Madhya Pradesh) [India], Deputy Chief Minister of Madhya Pradesh and Finance Minister Jagdish Devda presented the budget totaling Rs 3,65,067 crore for the welfare of the state in the financial year 2024-25 in amid chaos by the Opposition Congress. party leaders in the state assembly on...

According to the Finance Ministry and the Bank of Japan, existing bank notes will remain legal tender after the introduction of the new bills, Xinhua news agency reported.The redesigned 10,000 yen bill features the portrait of industrialist Eiichi Shibusawa, known as the "Father of Japanese...

Bhopal: Madhya Pradesh Finance Minister Jagdish Deora on Wednesday presented the state budget for the year 2024-25 in the Assembly amid uproar by the opposition Congress over the issue of the alleged nursing college scam.The CBI is probing the alleged scam related to gross irregularities in...

Bhopal (Madhya Pradesh) [India], Madhya Pradesh Deputy Chief Minister and Finance Minister Jagdish Deora will present the state budget for the financial year 2024-25 in the state assembly on Wednesday.The state finance minister will present the first budget of the current Bharatiya Janata...

Imphal, Manipur Governor Anusuiya Uike on Tuesday said necessary steps will be taken to ensure that the National Register of Citizens (NRC) is implemented in the state.According to a statement issued by the Raj Bhavan, Uike told a delegation of the Coordination Committee on Manipur Integrity...

New Delhi, Finance Minister Nirmala Sitharaman on Tuesday asked Viduthalai Chiruthigal Katchi (VCK) member Thol Thirumavalavan to "preach" for prohibition in her state Tamil Nadu, where 56 people recently died after drinking spurious liquor.Participating in the debate on the motion of thanks...

JAIPUR: The budget session of the Rajasthan Assembly will begin from Wednesday, an official statement said on Tuesday.According to the statement, Deputy Chief Minister and Finance Minister Diya Kumari will present the full budget for the current financial year during the session.The budget...

New Delhi, Bajaj Housing Finance on Tuesday launched Sambhav Home Loan, a product for affordable and accessible housing finance.The product is designed for first-time home buyers who want to realize their dream of home ownership through affordable housing finance, the housing finance firm said...

In the backdrop of a 13 per cent shortfall in the expected revenue from stamp duty and registration fees in the last financial year of 2023-24, the West Bengal finance department has decided to remove the existing two per cent refund on the stamp duty and 10 percent. From now on, a percentage...

Bengaluru (Karnataka) [India], Karnataka Chief Minister Siddaramaiah on Monday emphasized on the distribution of net tax revenues to be shared between the Center and States, and allocation among States of respective shares of such income.The Karnataka CM also claimed that states were not...

GUWAHATI: Former Army Eastern Command chief Lieutenant General Rana Pratap Kalita (retd) has been appointed chairman of the seventh Assam State Finance Commission, an official statement said on Monday."In pursuance of the provisions of Articles 243-I and 243-Y of the Constitution of India, the...

Kamrup Metropolitan (Assam) [India], The Government of Assam has appointed Lieutenant General Rana Pratap Kalita (Retd.) as the Chairman of the seventh Assam State Finance Commission. He has also appointed six other members."In pursuance of the provisions of Articles 243-I and 243-Y of the...

Mumbai, SBI, the country's largest lender, on Monday launched end-to-end digital invoice financing for small businesses.Dubbed 'MSME Sahaj', the product will have a delivery time of less than 15 minutes, according to a statement.***Wify raises Rs 25 crore* City-based startup Wify said on...

Islamabad [Pakistan], In compliance with a key requirement of the International Monetary Fund (IMF), the government of Pakistan has implemented an increase of approximately 9 percent in gas tariffs for captive industrial power units, effective 1 July, Dawn reported.This decision was ratified...

New Delhi: ESAF Small Finance Bank on Monday absorbed around 5,200 employees of ESAF Swasraya Multi-State Agro Co-operative Society Ltd (ESMACO), a corporate business correspondent of the bank, as part of a strategic business restructuring.The bank will now directly manage the microcredit...

Nairobi [Kenya], East Africa Kenya experienced widespread violent protests last week during which at least 19 people lost their lives. Kenya's debt crisis highlights the challenges many African nations face in balancing development goals with financial stability.Kenya, known as one of the...

New Delhi: The issue of granting special category status (SCS) to Bihar and Andhra Pradesh should be decided on non-political considerations by a constitutional body, Ashima Goyal, member of the RBI's monetary policy committee, said on Monday.Goyal further said that the 14th Finance Commission...

New Delhi, Public sector non-banking finance company IREDA on Monday said it has recorded a multi-fold increase in its sanctioned loans to Rs 9,136 crore during April-June in FY2025.Loan disbursement also increased by 67.61 per cent to Rs 5,320 crore during the period under review, from Rs...

Islamabad, Weeks after slashing fuel prices ahead of the Eid ul Adha festival, Pakistan's cash-strapped government on Monday sharply increased its prices for the coming fortnight as the new fiscal year begins.According to a notification, prices of petrol and high speed diesel (HSD) increased...