by PTI News | Feb 13, 2022 | 4:35 pm | News
Coimbatore, Feb 13 (PTI) The Budget presented by Union Finance Minister Nirmala Sitharaman was aimed at the growth and progress of the entire nation, without targeting any specific state, Union Minister of State for Information and Broadcasting and Fisheries L Murugan said on Sunday. Highlighting various features in the budget like expansion of PM's e-Vidya [...]
by PTI News | Feb 13, 2022 | 4:23 pm | News
New Delhi, Feb 13 (PTI) The National Skill Development Corporation (NSDC) and Common Service Centres (CSC) have inked a pact for the delivery of services to accelerate India's skill development. "The NSDC has signed a memorandum of understanding (MoU) with the Common Services Centres today (Sunday) to collaborate for the delivery of services related to [...]
by PTI News | Feb 13, 2022 | 4:09 pm | Economy, News
New Delhi, Feb 13 (PTI) An association of central excise and service tax officers have written to Minister of State for Personnel Jitendra Singh seeking his intervention in ensuring timely promotions for them.It highlighted the absence of a "protection clause", which safeguards the feeder cadre employees against increased residency period for promotion, in existing service [...]
by PTI News | Feb 13, 2022 | 3:30 pm | Economy, News
New Delhi, Feb 13 (PTI) Mutual fund houses launched 140 new fund offerings (NFOs), which collected about Rs 1 lakh crore in 2021 on a sharp rally in the markets and an exceptional increase in the retail investors' interest. However, the current volatility in the stock market might prompt asset management companies (AMCs) to limit [...]
by PTI News | Feb 13, 2022 | 3:21 pm | Company Results, News
New Delhi, Feb 13 (PTI) Bank of Maharashtra (BoM) has become top performer among public sector banks (PSBs) in terms of growth in deposit mobilisation in the third quarter ended in December 2021, according to an analysis. The Pune-headquartered lender recorded a 15.21 per cent increase in total deposits at Rs 1,86,614 crore in the [...]
by PTI News | Feb 13, 2022 | 2:48 pm | Economy, News
Agartala, Feb 13 (PTI) The Centre has sanctioned over Rs 24 crore for dredging in Gomati, a transboundary river between India and Bangladesh, and setting up 10 jetties for a waterway project, an official said here on Sunday. Of the total 93-km proposed waterway from Sonamura in Tripura's Sepahijala district to Daudkandi in the neighbouring [...]
by PTI News | Feb 13, 2022 | 2:44 pm | News
New Delhi, Feb 13 (PTI) The Budget provisions and allocation will strengthen the postal department's financial inclusion goals and help bring in banking industry best practices for customers, particularly those in rural areas, Department of Posts Secretary Vineet Pandey has said. According to Budget announcements, in 2022, all 1.5 lakh post offices will come on [...]
by PTI News | Feb 13, 2022 | 2:21 pm | Economy, News
Mumbai, Feb 13 (PTI) Given the record government borrowing plan of Rs 14.3 lakh crore for FY23, the Reserve Bank of India (RBI), which already holds as much as 17 per cent of the Rs 80.8 lakh crore outstanding government bonds, will have to find buyers for at least Rs 2 lakh crore, as banks [...]
by PTI News | Feb 13, 2022 | 1:58 pm | Economy, News
New Delhi, Feb 13 (PTI) The government is working to tighten the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme as "tremendous leakages" have been noticed in the flagship rural jobs programme for the past two years, a top official said. The Centre has allocated Rs 73,000 crore for 2022-23, which is 25 per [...]
by PTI News | Feb 13, 2022 | 1:35 pm | News
New Delhi, Feb 13 (PTI) FMCG major Godrej Consumer Products Ltd (GCPL) is expecting volume growth to recover gradually next fiscal along with improvement in margins, coming out from the consumption slowdown and inflationary pressures, according to company Managing Director & CEO Sudhir Sitapati. The company will continue to focus on three existing categories - [...]
