May 11, 2024 5:20 PM
India's foreign exchange reserves witnessed a significant rebound, rising by $3.668 billion to $641.590 billion in the week ended May 3, according to data released by the Reserve Bank of India (RBI). This increase comes after three consecutive weeks ...
May 1, 2024 4:33 PM
Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in the month of April, registering a 12.4 per cent year-on-year growth. The Ministry of Finance attributed the rise in GST collection to a robust uptick in ...
March 4, 2024 10:00 AM
Union Finance Minister Nirmala Sitharaman will be inaugurating the national conference of Goods and Services Tax enforcement chiefs in the national capital on Monday, the Ministry of Finance said in a press release. The one-day national conference wi...
February 10, 2024 12:55 PM
The Ministry of Finance, in collaboration with the Reserve Bank of India (RBI), is set to launch the Sovereign Gold Bond Scheme 2023-24 (Series IV), which will be open for subscription from February 12th to February 16th, 2024. This scheme allows inv...
January 31, 2024 8:26 PM
The government has slashed the import duty by 5 percent on some parts used for manufacturing of mobile phones. According to a Finance Ministry notification, duty has been lowered on components such as battery cover, front cover, middle cover, main le...
January 30, 2024 9:24 AM
The Indian economy is set to achieve nearly 7% growth in the financial year 2024-25, according to a report released by the Ministry of Finance on Monday. The report attributes this positive outlook to the robust domestic demand that has propelled the...
October 19, 2023 4:12 PM
The International Monetary Fund (IMF) has relaxed several targets for Bangladesh. For the loan package of $4.70 billion, the IMF had set some targets for Bangladesh including foreign exchange reserves, revenue collection, and automatic price adjustme...
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