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Articles for Government

Union Budget 2024-25: Centre Likely To Target Fiscal Deficit Of 4.9-5.0% Of India's GDP

The government is likely to temper down its borrowing compared to the amount pencilled in the interim budget estimates, depending on the magnitude of reduction in the fiscal deficit number

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FM Sitharaman Concludes Consultation Meetings; All Eyes Now On Union Budget 2024-25

The pre-budget consultations started on 19 June 2024 in the Ministry of Finance and were chaired by Nirmala Sitharaman

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Finance Ministry Confirms Repayment Plan For '8.40% Govt Security 2024' Which Matures In July

To facilitate the payment, the original subscriber or any subsequent holders of these government securities must provide the relevant bank account information well in advance

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State Govt Finances To See 38.5% Rise In SGS Issuance In FY25: Report

The Icra report underscores the critical fiscal strategies that state governments are likely to adopt, influenced by revised tax devolutions and increased capex loans

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IBM, Gujarat Government Collaborate To Launch AI Cluster In GIFT City

As part of the MoU, IBM will offer cloud-based software technologies and platforms, for financial institutions to customise and fine-tune large language AI models within a secure sandbox environment

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Capex, Incentives Will Lead Capital Goods Sector Surge By 9-11% In FY25: Report

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained double-digit revenue growth amidst robust government and private sector spending

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Adopt Global Best Practices On Consumer Grievances: Govt To Electronics Manufacturing Firms

The Central Consumer Protection Authority (CCPA) requested all the companies to send their views within 15 days

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Dream Big, Realise Small: India Chases $7 Tn Economy When $5 Tn Remains Elusive

For India, rising government debt is a pain point and experts note that it must be resolved by converting central and state PSUs to listed entities

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Sitharaman Chairs Pre-budget Meeting With State, UTs Finance Ministers

The first pre-budget meeting took place on 19 June chaired by the Union Finance Minister Nirmala Sitharaman

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Consider Including All MSMEs Under GST Regime, Regardless Of Turnover: Industry Body To Govt

Currently, over 4 crore MSMEs are registered on the Udyam portal and only 1.5 crore have GST registration

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