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Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photoBusiness
RBI maintains status quo; leaves repo rate unchanged at 4 per cent

RBI retained its growth projection at 9.2 per cent and inflation at 5.3 per cent for the current financial year

10 Feb 2022 10:53 AM IST

Union Minister of Finance Nirmala Sitharaman with MoS Pankaj Chaudhary arrives at Parliament for the presentation of the Union Budget 2022-23, in New Delhi, Tuesday, Feb 1, 2022. (PTI Photo/Kamal Kishore)Business
India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital...

6 Feb 2022 11:16 AM IST

Sitharaman said, \Introduction of Central Bank Digital Currency (CBDC) will give a big boost to the digital economy. (PTI Photo/ Shahbaz KhanBusiness
RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

2 Feb 2022 7:34 AM IST

In September 2021, a reference was sent to sector regulator TRAI, seeking recommendations for the 5G spectrum auction and various modalities such as reserve price, band plan, block size, quantum of spectrum to be auctioned, it said. (PTI Photo)Business
Spectrum auction, 5G services roll-out this year

The telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities, the FM...

2 Feb 2022 7:05 AM IST

Union Finance Minister Nirmala Sitharaman holds a folder-case containing the Union Budget 2022-23 as she poses for a photograph with the Finance Ministry officials, outside the North Block, in New Delhi, Tuesday, Feb. 1, 2022. (PTI Photo/Shahbaz Khan)Business
FM presents 'amrit kaal' Budget; gives 'booster shot' for growth, big...

35 per cent more money to create infra; greater focus on tech on road to India@100

2 Feb 2022 6:44 AM IST

This is meant to reduce litigation, but will not provide additional refund. (Representational image: PTI)Business
I-T returns can be updated in two years to correct any errors

This will avoid the lengthy process of litigation if the department finds that some income has been missed out by the...

2 Feb 2022 2:06 AM IST

The 30 per cent tax with 1 per cent TDS will be a deterrent to several investors who are jumping into the crypto bandwagon. AFPBusiness
Cryptos to stay with 30 pc tax; digital rupee next fiscal

The gift of virtual digital assets will be taxed in the hands of the recipient

2 Feb 2022 2:03 AM IST

ICC vice president and Nafa Capital Advisors Pvt. Ltd MD Ameya PrabhuBusiness
Budget will fast track economic recovery: ICC

The Indian Chamber of Commerce (ICC) has appreciated the growth oriented policy direction of the Union Budget

1 Feb 2022 4:47 PM IST

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament, in New Delhi. (Photo: PTI)Business
Budget 2022: Highest GST collections, no tax reforms for salaried...

The finance minister began the presentation by expressing empathy to those who died due to COVID-19

1 Feb 2022 1:46 PM IST

Union Finance Minister Nirmala Sitharaman during a pre-Budget photo session, on the eve of presentation of Budget 2022-23 in the Parliament, in New Delhi, Monday, Jan. 31, 2022. (PTI Photo/Manvender Vashist)Business
Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 %...

Services sector worst hit by COVID-19 pandemic; agriculture the least affected

31 Jan 2022 3:06 PM IST

Finance Minister Nirmala Sitharaman in the Lok Sabha during Budget Session of Parliament. (Photo: PTI)Business
Decks cleared for bad bank to start

A total of 38 large stressed accounts aggregating to Rs 82,845 crore have been identified for transfer to the NARCL

29 Jan 2022 8:41 AM IST

Union finance minister, Nirmala Sitharaman. (PTI)Business
India seen boosting budget spending on infrastructure

Indian economy is estimated to expand 9.2% in this fiscal ends in March, following a contraction of 7.3% in the previous...

27 Jan 2022 10:23 AM IST

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