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Government to borrow ₹7.5-lakh crore in April-Sept - The Hindu BusinessLine

Government to borrow ₹7.5-lakh crore in April-Sept - The Hindu BusinessLine
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FM Sitharaman pushes equity support to oil firms to next fiscal year

Finance Minister Sitharaman has deferred the Rs 15,000 crore equity infusion for fuel retailers to support energy transition projects. The budget documents did not provide any funds either in the current fiscal or the next for filling of the strategic reserves.

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NPS: Budget 2024:Government likely to stick to fiscal discipline, may strengthen National Pension System

The budget team, marked by stability, sees Finance Minister Nirmala Sitharaman preparing for her sixth consecutive Budget. Finance Secretary T V Somanathan and DIPAM Secretary Tuhin Kanta Pandey, integral to the team since assuming leadership roles, may handle two complete Budgets in 2025 due to extended tenures under the Modi government's approach.

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finance commission: Cabinet likely gives a go ahead to some 16th Finance Commission's terms, free ration scheme extension

The union cabinet on Wednesday likely approved a few terms of the 16th Finance Commission in a meeting held on Tuesday, as per media reports. However, there has not been any official announcement yet.

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India surpasses UK to become world's fifth biggest economy, GDP to grow more than 7 per cent this year

India's GDP numbers showed the economy grew by 13.5 per cent in the April-June quarter, much below the RBI's projection of 16.2 per cent.

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Budget 2022-23: India Inc pitches for more reforms, tax and policy stability

In the virtual pre-budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment.

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Crypto Bill 2021: FinMin preparing Cabinet note for further discussions on official digital currency

Another focal point of this note will be the obscurity of cryptocurrencies and how these can be used for terror funding and other illegal activities.

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Cairn Energy accepts Modi government's offer to refund Rs 7,900 crore

Cairn Energy accepts Modi government's offer to refund Rs 7,900 crore
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Parliament passes Bill to bury ghost of retrospective taxation

Parliament passes Bill to bury ghost of retrospective taxation
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Govt buries retrospective tax, introduces Bill to amend Income Tax Act

Govt buries retrospective tax, introduces Bill to amend Income Tax Act
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