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The per month salary of MPs has been raised to Rs.1.24 lakh from Rs.1 lakh, and the pension for ex-lawmakers has been raised to Rs.31,000 from Rs.25,000
Finance

Centre revises MPs’ salaries, allowances, and pensions with effect from April...

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During 2023-24, banks wrote off bad loans of Rs.1,70,270 crore, lower than Rs.2,16,324 crore done in the previous financial year
Finance

India’s banks write off Rs.16.35 lakh crore in bad loans over...

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Tuhin Kanta Pandey's expertise in industrial development, financial management, and public finance makes him well-suited to lead SEBI in the coming years
Finance

Tuhin Kanta Pandey appointed SEBI Chairman for three-year term

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The RBI's economic outlook for FY26 remains optimistic, with GDP growth expected at 6.7% and inflation projected to moderate to 4.2%
Finance

RBI projects 6.7% GDP growth for FY26, cuts repo rate by...

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The domestic currency breached the 87 level against the US dollar as it depreciated 55 paise to settle at a fresh all-time low of 87.17 (provisional) against the greenback
Finance

Rupee falls 55 paise to breach 87 level against USD as...

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New RBI Governor Sanjay Malhotra will have to balance growth challenges with high inflation and face pressure to cut rates at the next MPC meeting in February
Finance

Sanjay Malhotra appointed as new RBI Governor, succeeding Shaktikanta Das

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The government had aimed for Rs.22.07 lakh crore in direct tax receipts, and CBDT chief's remarks suggest the country is poised to exceed this goal for the second consecutive year
Finance

India’s direct tax collections set to exceed budget target for 2024-25

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This strong growth in tax collections follows a record performance in the previous fiscal year
Finance

India’s direct tax collections surge by 15.4% to Rs.12.1 lakh crore...

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Share of gold in India’s total foreign exchange reserves rose from 8.15% at the end of March to approximately 9.32% by the end of September
Finance

Domestic gold reserves reach 60% of total as RBI reports significant...

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During the searches on Sunday, ‘incriminating documents’ were recovered, and a ‘large quantum of unaccounted cash’ was seized from DA Enterprises, the ED said
Finance

‘The Hindu’ newspaper journalist controlled company involved in GST fraud case:...

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