Prime Minister Narendra Modi is expected to release the 18th installment of PM Kisan Yojana Scheme on October 5, i.e, today. Under this scheme, all ‘eligible’ farmers would receive a sum of ₹2000 every four months. PM Kisan Yojana scheme provides financial aid to all the farming families in India, who have land. A total … Read more
Prime Minister Narendra Modi met with top American CEOs, including Google’s Sundar Pichai, Nvidia’s Jensen Huang, Adobe’s Shantanu Narayen and IBM’s Arvind Krishna, at a tech CEOs roundtable in New York. The roundtable, held at the Lotte New York Palace Hotel, was part of the second leg of the Indian Prime Minister’s three-day visit to … Read more
Defence stocks in India have been witnessing a stellar growth, driven by the government’s strong emphasis on boosting domestic defence manufacturing and achieving self-reliance in the sector. In his Independence Day speech, Prime Minister Narendra Modi reiterated the importance of making India ‘Atmanirbhar’ in defence production, in the path towards ‘Viksit Bharat 2047’ – the … Read more
Budget 2024: The Union Budget 2024 placed special emphasis on women-led development schemes. Finance Minister Nirmala Sitharaman announced ₹3 lakh crore allocations for schemes to promote women-led development. The Finance Minister also announced the setting up of working women’s hostels and creches to boost female participation in the workforce. The government has also increased budget … Read more
Union Budget 2024: The Prime Minister Narendra Modi-led government is contemplating measures worth over ₹50,000 crore ($6 billion) to boost consumption in India’s upcoming Union Budget. This includes potential tax cuts for lower income individuals, marking the first such cuts in seven years, sources told Bloomberg. Finance Ministry officials are evaluating proposals to reduce taxes … Read more
Indian government bond yields jumped sharply on Tuesday, with the benchmark 10-year bond yield witnessing its biggest surge in eight months, as early voting trends in the Lok Sabha election results 2024 so far were falling short of market expectations. The benchmark 10-year bond yield was at 7.0130% as against its previous close at 6.9438%. … Read more
Union Finance Minister Nirmala Sitharaman on Thursday said that the Prime Minister aims to prioritize the upliftment of four key segments of society, namely the ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth), and ‘Annadata’ (Farmers). Sitharaman noted that over the past decade, the government has made substantial strides in addressing multi-dimensional poverty, with assistance reaching 25 … Read more
Union Budget 2023 was the last full budget for the NDA government in India. On February 1, Finance Minister Nirmala Sitharaman presented the interim budget 2024 that focused on fiscal consolidation, infra, agri, green growth, and railways. However, no changes were made in the tax rates, which was a disappointment to salaried individuals. The Union … Read more