finance

The mat named 'Yogify' was presented by External Affairs Minister (EAM) S. Handed over to Jaishankar; Railways, Information & Broadcasting and IT Minister Ashwini Vaishnav; Finance Minister Nirmala Sitharaman and others on behalf of the Ministry of Science and Technology.According to the...

New Delhi [India], Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Friday chaired the fifth pre-budget consultation in New Delhi.The session focused on gathering vital inputs from representatives of the Micro, Small and Medium Enterprises (MSME) sector for the upcoming...

New Delhi: The country's largest lender State Bank of India (SBI) on Friday paid a dividend of Rs 6,959 crore to the government for the financial year 2023-24.The dividend check was presented to Finance Minister Nirmala Sitharaman by SBI Chairman Dinesh Kumar Khara in the presence of Financial...

New Delhi, MSME industry representatives on Friday made a series of recommendations to Finance Minister Nirmala Sitharaman for the Union Budget to provide a boost to the sector.Sitharaman chaired the fifth pre-Budget consultation with representatives of Micro, Small and Medium Enterprises...

New Delhi: The initial public offering (IPO) of non-banking finance company (NBFC) Acme Fintrade (India) Ltd was subscribed 55.12 times on the closing day of bidding on Friday.According to NSE data, the initial share sale worth Rs 132 crore received bids for 43,35,52,375 shares against the...

New Delhi, State-owned Bank of Maharashtra (BoM) on Friday handed over a dividend check of Rs 857 crore to Finance Minister Nirmala Sitharaman.The check was handed over by BOM Managing Director Nidhi Saxena and Executive Director Ashish Pandey in the presence of Financial Services Secretary...

New Delhi: The initial public offering of non-banking finance company Acme Fintrade (India) Ltd was subscribed 53.97 times on the closing day of bidding on Friday.According to NSE data, bids were received for 42,44,43,250 shares against 78,65,000 shares in the initial share sale worth Rs 132...

New Delhi [India], In a pre-budget meeting with Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, the Kisan lobby advocated lifting the ban on exports of various agricultural products.Representatives of farmers associations and agricultural economists met Finance Minister...

New Delhi, Bihar Deputy Chief Minister Samrat Chaudhary has been appointed GoM coordinator for rationalization of GST rates.According to an official memorandum published on the GST Council secretariat website, the other members of the reconstituted panel are Uttar Pradesh Finance Minister...

Mumbai (Maharashtra) [India], The Reserve Bank of India (RBI) has announced an update to its 'Database on Indian Economy' (DBIE) portal, effective from close of business today.According to the RBI press release, the domain address to access the DBIE portal will be changed to...

In Islamabad, Prime Minister Shehbaz Sharif assured Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari that the government would take steps to address the key ally's reservations on multiple issues by forming a committee after they grew. tensions between the partners of the ruling...

Islamabad, a delegation of the Pakistan People's Party (PPP), led by its chief Bilawal Bhutto Zardari, met Prime Minister Shehbaz Sharif on Thursday to resolve differences over the budget.Finance Minister Muhammad Aurangzeb presented the federal budget on June 12, but the PPP, which is the...

Chandigarh, Punjab Finance Minister Harpal Singh Cheema on Thursday said his department has given in-principle approval to implement the Sixth Pay Commission for employees of state-aided institutions.In a statement, Cheema said the decision will affect the employees of aided schools and...

New Delhi, India Inc on Thursday proposed to reduce the income tax burden on the common man, increase capital expenditure and take strong steps to contain food inflation in its nearly two-hour interaction with Finance Minister, Nirmala Shitharaman, before the Union Budget.During the pre-budget...

New Delhi, Foreign investors General Atlantic and Asia Opportunities V (Mauritius) on Thursday sold a 4.9 per cent stake in PNB Housing Finance for Rs 1,004 crore through open market transactions.US private equity firm General Atlantic, through its subsidiary General Atlantic Singapore Fund...

Kolkata, Senior Congress leader and former Union Finance Minister P. Chidambaram met West Bengal Chief Minister Mamata Banerjee at the state secretariat on Thursday. An officer gave this information.Describing Chidambaram's visit as a courtesy call, a source said that talks between the two...

New Delhi [India], As part of the preparations for the Union Budget, Finance Minister Nirmala Sitharaman chaired the second pre-budget consultation here today with leading experts from the financial and capital markets sector.The discussions covered topics ranging from the NBFC sector, GST...

New Delhi, India Inc on Thursday asked Finance Minister Nirmala Sitharaman to reduce tax burden on common man, continue capital expenditure and announce measures to contain food inflation in the upcoming Union Budget .During the pre-budget consultation with Sitharaman, industry leaders and...

New Delhi: Financial sector players on Thursday advocated simplifying capital gains tax and reducing securities transaction tax in the upcoming FY25 budget to boost capital markets.In a pre-budget meeting with Finance Minister Nirmala Sitharaman, some of the participants urged the government...

The pre-budget consultation meeting was also attended by Union Minister of State for Finance Pankaj Chaudhary, Secretary Finance and Secretary Expenditure Department; Secretaries of the Departments of Economic Affairs, DPIIT, Ministry of Heavy Industry and Ministry of MSMEs, as well as the Chief...