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CCEA approves RGSA with total outlay of Rs 5,911cr

CCEA approves RGSA with total outlay of Rs 5,911cr

🕔18:43, 13.Apr 2022

The Cabinet Committee on Economic Affairs (CCEA) has approved continuation of revamped centrally sponsored scheme of Rashtriya Gram Swaraj Abhiyan (RGSA) for implementation during the period from April 2022 to March 2026 to develop governance capabilities of Panchayati Raj Institutions

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India’s forex reserves rise to over $631.920 bn

India’s forex reserves rise to over $631.920 bn

🕔08:05, 12.Mar 2022

Mumbai, March 12 (IANS) India’s foreign exchange reserves rose by $394 million during the week ended March 4. The Reserve Bank of India’s forex reserves rose to $631.920 billion from $631.527 billion reported for February 25. The country’s forex reserves comprise

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SPMCIL sets up new bank note printing lines at Nashik and Dewas

SPMCIL sets up new bank note printing lines at Nashik and Dewas

🕔07:22, 29.Jan 2022

New Delhi, Jan 29 (IANS) Security Printing and Minting Corporation of India Limited (SPMCIL), under its modernisation initiatives, has set up ‘new bank note printing lines’ each at Currency Note Press, Nashik and Bank Note Press, Dewas. Meera Swarup, Special Secretary

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Budget to focus on fiscal consolidation while pushing private capex

Budget to focus on fiscal consolidation while pushing private capex

🕔12:15, 19.Jan 2022

New Delhi, Jan 19 (IANS) Union Budget 2022 will focus on gradual fiscal consolidation while pushing public capex, creating a conducive environment for private capex, and raising resources via strategic divestments, Morgan Stanley said in a report. The budget is likely

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Bank brokerages to continue reporting strong performance: Report

Bank brokerages to continue reporting strong performance: Report

🕔19:19, 15.Nov 2021

Mumbai, Nov 15 (IANS) The domestic capital markets continue to remain on an upward trajectory after a strong performance in FY2021. The average daily turnover (ADTO) increased to Rs 27.92 lakh crore in FY2021 from Rs 14.39 lakh crore in FY2020,

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Govt expands ECLGS’ scope, extends eligibility till fiscal end

Govt expands ECLGS’ scope, extends eligibility till fiscal end

🕔21:47, 29.Sep 2021

New Delhi, Sep 29 The government has extended, till March 31, 2022, the Emergency Credit Line Guarantee Scheme (ECLGS) to support liquidity needs of small and medium businesses impacted by the second wave of Covid-19 pandemic. Since its launch, the ECGLS

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Appreciation trend: Healthy macros, vax figures to strengthen rupee

Appreciation trend: Healthy macros, vax figures to strengthen rupee

🕔17:08, 11.Sep 2021

Mumbai, Sep 11  Healthy macro-economic industrial output, as well as, accelerated nationwide vaccination drive are expected to strengthen the Indian rupee in the coming week. Accordingly, healthy macros are likely to attract foreign capitals to the equity markets on the

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Expanded ECLGS to aid liquidity needs of MECs: Report

Expanded ECLGS to aid liquidity needs of MECs: Report

🕔16:32, 5.Jun 2021

New Delhi, June 5  The extension in the scope of Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one third of mid and emerging corporates (MECs), India Ratings and Research (Ind-Ra) said. Centre had launched the

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FPIs pull out Rs 5,936 cr from Indian equities in 1st week of May

FPIs pull out Rs 5,936 cr from Indian equities in 1st week of May

🕔03:23, 10.May 2021

Mumbai, May 10  Foreign portfolio investors (FPI) continued to pull out investments from the Indian equities during the first week of May. During the trading sessions of May 3-7, FPIs pulled out net investments worth Rs 5,936 crore from equities.

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India’s foreign exchange reserves down $1.8 bn

India’s foreign exchange reserves down $1.8 bn

🕔03:12, 23.Jan 2021

Mumbai, Jan 23  India’s foreign exchange reserves declined by $1.839 billion during the week ended January 15. According to the Reserve Bank of India’s weekly statistical supplement, the reserves decreased to $584.242 billion from $586.082 billion reported for the week

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CISF nabbed a passenger carrying cash INR 29 lakh at Majlis Park Metro Station

CISF nabbed a passenger carrying cash INR 29 lakh at Majlis Park Metro Station

🕔18:03, 31.Dec 2020

New Delhi, 31.12.2020: On 30.12.2020 at about 1205 hrs, during baggage screening through X-BIS machine at Majlis Park metro station, CISF personnel noticed an image of currency inside a baggage of a passenger. Immediately, CISF personnel stopped the conveyor belt

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Govt capex increased by Rs 25K Cr, total FY21 spend rises to Rs 4.38L Cr

Govt capex increased by Rs 25K Cr, total FY21 spend rises to Rs 4.38L Cr

🕔20:08, 12.Oct 2020

New Delhi, Oct 12  The government has increased its capital expenditure budget to step up expenditure on projects that generate employment and spur economic activity and growth. Accordingly, Finance Minister Nirmala Sitharaman on Monday announced that Centre’s capital expenditure budget

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Central procurement portal has done Rs 40,000 cr transactions

Central procurement portal has done Rs 40,000 cr transactions

🕔15:15, 10.Feb 2020

New Delhi, Feb 10  The government electronic marketplace GeM has reported transactions worth Rs 40,000 crore, Expenditure Secretary T.V. Somanathan said on Monday. GeM is a government e-market place hosted by the Commerce Ministry where common user goods and services

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China, Sri Lanka ink $1.63 bn currency swap deal

China, Sri Lanka ink $1.63 bn currency swap deal

🕔10:17, 17.Sep 2014

Beijing, Sep 17  China’s central bank announced late Tuesday that it has signed a 10 billion yuan (about $1.63 billion) currency swap deal with the Central Bank of Sri Lanka. The three-year agreement aims to promote bilateral trade and strengthen

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