Hospitality company OYO announced the launch of its operations in Japan on Friday in a joint venture with Yahoo Japan Corporation to form OYO Technology and Hospitality Company. It also appointed Japanese entrepreneur Hiro Katsuse as the CEO (Chief Operating Officer) of
The minutes of the last monetary policy committee meeting suggest that the RBI going dovish under the new governor Shaktikanta Das, and increases the possibilities of more rate cuts, says analysts.
The finance bill of Interim Budget 2019 has been approved by the President of India on 21 February, thus making it an act. This means that all the proposals made by the Ministry of Finance in the budget speech on 1
Hyderabad, Feb 22 (IANS) Fulfilling poll promises of unemployment allowance, hike in social security pensions and farm loan waiver, Telangana Chief Minister K. Chandrashekhar Rao on Friday presented Vote-on-Account Budget for 2019-20 that has an expenditure of Rs 1,82,017 crore, an increase of 4 per
Hyderabad, Feb 22 (IANS) Proposing an unemployment allowance of Rs 3,000 per month ahead of elections, Telangana Chief Minister K. Chandrashekhar Rao on Friday presented a Vote-on-Account Budget for 2019-20 that has an estimated expenditure of Rs 1,82,017 crore, an increase of 4 per cent over the previous
In the Union Budget, the government has alloted Rs 75,000 crore to fund the PM-KISAN scheme for financial year 2019-20. With this announcement, the first installment of Rs 2,000 under the income benefit scheme will be handed over to farmers.
The TRS government will present a full budget after the Centre unveils its own fiscal package after the elections, KCR said.
The six-day budget session of the Maharashtra Legislature will begin on February 25 and is expected to be a heated one as it would be the last before the Lok Sabha elections.
Under the Central Government's PM-KISAN scheme there is no provision for landless labourers, sharecroppers and vulnerable households, Naveen Patnaik said.
Bhubaneswar (Odisha) [India], Feb 21 (ANI): The Odisha government on Thursday has decided to implement the central government's Pradhan Mantri Kisan Samman Samman Nidhi (PM- KISAN) scheme along with the state’s flagship program KALIA for the farmers in the state. The decision has been taken in the
The country's growth, the note added, has decisively increased over the last five years and is much higher than the average growth among the emerging and developing economies.
Fitch Solutions, the research arm of Fitch Group on Thursday said the Congress has a "fair chance" of forming a coalition government in the next general election as re-election will be a "tough challenge" for the Modi-led NDA government given the ongoing rifts between the BJP and
The PSU banks disproportionately share the burden of non-performing assets. Recapitalisation of these banks would help them to extend fresh credit and thus support credit growth.
The Employees' Provident Fund Organization (EPFO) on Thursday announced a hike of 0.1% in the interest rate on employees' provident fund (PF) deposits for FY 2018-19. After the hike by the retirement fund body, the PF interest rate will increase to 8.65% from 8.55% in FY18. As many as over 6
India's wheat production in 2018-19 crop year is likely to cross 100 million tonnes -- an all time high -- on better yields because of prolonged winter this season, Agriculture Commissioner S K Malhotra said on Thursday.
The EPF interest rate hike is seen as a sop for the salaried middle class ahead of general elections in April-MayThe EPF rate hike will leave the EPFO with a surplus of ₹151 crore in 2018-19, compared to ₹586 crore in 2017-18
Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy.
The interim budget has kept in mind the interests of workers. This is the first time in recent history a government has done that.
The economic impact of the recent rebate in income tax announced in Interim Budget is likely to be multi-layered and complex, but mostly beneficial—historically, whenever tax rates have been reduced, collections have shot up.
The report prepared by Oxford Economics, which is engaged in global forecasting and quantitative analysis, India is likely to achieve an average growth of 6.5 per cent in 2019-28, the highest among the emerging economies.
The government missed its fiscal deficit target of 3.3 percent for the current financial year and instead, has revised its target to 3.4 percent for financial year 2019-2020.