India sustaining growth momentum, fastest growing eco for 4 years: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services and farm sectors. She said India’s manufacturing activity has been “good” during the January-March period, which has helped clock a GDP growth of 7.4 […]
Value of gold with RBI rises 57.12 pc to Rs 4.32 lakh crore in FY25: Central bank’s report
Mumbai: The value of gold (including gold deposit) held as asset of Reserve Bank increased by 57.12 per cent to Rs 4,31,624.8 crore as on March 31, 2025, mainly on account of addition of 54.13 metric tonnes of precious metal and increase in its prices. The value of gold held as asset of Banking Department […]
India becoming 4th largest economy outcome of last 11 years of Modi govt: Jitendra Singh
Jammu: Union Minister Jitendra Singh on Sunday said that India becoming the fourth largest economy in the world, overtaking Japan, is the outcome of its development in the last 11 years under the leadership of Prime Minister Narendra Modi, who has set a vision of Viksit Bharat by 2047. He said the country also augmented […]
GST largest marginal contributor to rising poverty in Pakistan: World Bank
Islamabad: The General Sales Tax has the largest marginal contribution to the rise of poverty while a monthly cash transfer programme to the poorest families has the largest positive impact on inequality reduction in Pakistan, a World Bank study has said. ‘The Effects of Taxes and Transfers on Inequality and Poverty in Pakistan’ reports that […]
Indo-Pak conflict: FM Sitharaman asks banks to ensure uninterrupted services
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked banks to remain vigilant and take all steps to ensure uninterrupted services to customers in view of heightened military conflict between India and Pakistan. Addressing a meeting of CEO of banks and insurance companies on cybersecurity preparedness, the finance minister stressed the critical role of the […]
Finance minister Sitharaman urges ADB to stop funding terror-backer Pakistan
New Delhi: Finance Minister Nirmala Sitharaman on Monday made a strong pitch to ADB to stop giving funds to Pakistan as it backs and supports terror activities, sources said. During her bilateral meeting with ADB President Masato Kanda in Milan, Italy, Sitharaman urged the multilateral funding agency to put a check on funding to Pakistan, […]
Rs 2000 notes worth Rs 6,266 cr still in circulation after withdrawal 2 yrs ago: RBI
Mumbai: The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination […]
GST revenue hits record high of Rs 2.37 lakh crore in April, up 12.6 pc
New Delhi: Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, reflecting strong economic activity and March-end reconciliation of books by businesses. The GST mop-up was Rs 2.10 lakh crore in April 2024 — the second highest collection ever since GST […]
Petrol, Diesel, LPG Stocks Sufficient for Over 17 Days: Div Com Kashmir
Says No Petrol Shortage; Situation Being Monitored; People Need Not to Panic Srinagar: Amid ongoing heavy rainfall and growing concern among the public, Divisional Commissioner Kashmir Vijay Kumar Bidhuri on Sunday dismissed rumors of a petrol shortage, assuring that the administration is actively monitoring the situation. Div Com Kashmir Bidhuri told news agency JKNS, “The […]
CS assesses reach, impact of social security schemes in J&K
JAMMU: Chief Secretary, Atal Dulloo, today chaired a meeting of the Social Welfare Department to review the impact and reach of several beneficiary oriented schemes being run by the department across Jammu and Kashmir. The meeting besides Commissioner Secretary, Social Welfare Department was attended by all the HoDs of the department and other concerned officers. […]
