Emergency Financing For India

Telecom regulator TRAI on Thursday invited public comments to explore ways and means to make smartphone affordable in the country for digital inclusion. The Telecom Regulatory Authority of India (TRAI) as part of its consultation paper on "Digital Inclusion in the Era of Emerging Technologies" will assess if measures taken by the government such as...

Comptroller and Auditor General Girish Chandra Murmu on Monday stressed on responsible use of artificial intelligence, saying while this emerging technology has the potential to contribute $15.7 trillion (roughly Rs. 12,91,30,459 crore) to the global economy by 2030, it also raises concerns related to privacy and fairness.

During her speech presenting the Union budget for 2023-24, Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Sitharaman also announced that customs duty on parts of open cells of TV panels would be cut to 2.5 percent.

Nirmala Sitharaman, scheduled to present her fifth straight Budget on February 1 for the fiscal starting April, had unveiled a massive public spending programme to support the economy, emerging out of the COVID-19 pandemic.

The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...

Finance Minister Nirmala Sitharaman at the Silicon Valley invited investors to be part of the country's growth story while pitching for collaboration with the US in financial services and emerging technologies.

CBDC, or the Central Bank Digital Currency, has emerged as quite the buzzword in India. Earlier this month, Minister of Finance Nirmala Sitharaman announced that India will soon get its CBDC or digital rupee which will be regulated by the RBI. It will be India’s first national digital currency.

As per RBI's guidelines, who had availed loans under the initial ECLGS, for four years, will now be able to avail loans for a tenure of five years.

Budget 2021: Finance Minister Nirmala Sitharaman today announced Rs 35,000 crore for the development and manufacturing of COVID-19 vaccines in the Union Budget for the coming year

India's federal budget Monday will be a much tougher balancing act than New Delhi's regular annual fiscal trapeze. For one thing, the pandemic has upset business-as-usual calculations of how much to spend, on what, and how to finance it. For another, an impatience to make up for lost time has to be weighed against a shrinking of policy space in eme...

India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...

The "power-hungry" Congress government took away the rights of the people by clamping emergency this day, 45 years ago, and when the very same party spoke on democracy it was anguishing, BJP leader and Finance Minister Nirmala Sitharaman said on Thursday.

Kerala said today that it would "defer" a portion of the salary for its government staff to deal with "an emergency situation beyond our control", in the fight against coronavirus.

West Bengal Finance Minister Amit Mitra has urged the central government to allow companies to contribute from their CSR kitty towards the emergency fund created by the state to fight the COVID-19 pandemic.

Sixty-two people have died after being infected by the novel coronavirus, the government said on Monday. Across the country the number of confirmed cases is now 2,547, with 478 new cases detected in the past 24 hours. A total of 163 people have been discharged from hospitals after receiving treatment. Confirmed COVID-19 cases have been reported fro...

Telecom regulator TRAI on Thursday invited public comments to explore ways and means to make smartphone affordable in the country for digital inclusion. The Telecom Regulatory Authority of India (TRAI) as part of its consultation paper on "Digital Inclusion in the Era of Emerging Technologies" will assess if measures taken by the government such as...

Comptroller and Auditor General Girish Chandra Murmu on Monday stressed on responsible use of artificial intelligence, saying while this emerging technology has the potential to contribute $15.7 trillion (roughly Rs. 12,91,30,459 crore) to the global economy by 2030, it also raises concerns related to privacy and fairness.

During her speech presenting the Union budget for 2023-24, Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Sitharaman also announced that customs duty on parts of open cells of TV panels would be cut to 2.5 percent.

Nirmala Sitharaman, scheduled to present her fifth straight Budget on February 1 for the fiscal starting April, had unveiled a massive public spending programme to support the economy, emerging out of the COVID-19 pandemic.

The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...

Finance Minister Nirmala Sitharaman at the Silicon Valley invited investors to be part of the country's growth story while pitching for collaboration with the US in financial services and emerging technologies.

CBDC, or the Central Bank Digital Currency, has emerged as quite the buzzword in India. Earlier this month, Minister of Finance Nirmala Sitharaman announced that India will soon get its CBDC or digital rupee which will be regulated by the RBI. It will be India’s first national digital currency.

As per RBI's guidelines, who had availed loans under the initial ECLGS, for four years, will now be able to avail loans for a tenure of five years.

Budget 2021: Finance Minister Nirmala Sitharaman today announced Rs 35,000 crore for the development and manufacturing of COVID-19 vaccines in the Union Budget for the coming year

India's federal budget Monday will be a much tougher balancing act than New Delhi's regular annual fiscal trapeze. For one thing, the pandemic has upset business-as-usual calculations of how much to spend, on what, and how to finance it. For another, an impatience to make up for lost time has to be weighed against a shrinking of policy space in eme...

India's gross domestic product (GDP) has been predicted to contract 4.5 per cent in 2020, the finance ministry said on Monday quoting International Monetary Fund (IMF) data. However, early green shoots of economic revival emerged in May and June, and the government's commitment towards structural reforms and supportive social welfare measures will ...

The "power-hungry" Congress government took away the rights of the people by clamping emergency this day, 45 years ago, and when the very same party spoke on democracy it was anguishing, BJP leader and Finance Minister Nirmala Sitharaman said on Thursday.

Kerala said today that it would "defer" a portion of the salary for its government staff to deal with "an emergency situation beyond our control", in the fight against coronavirus.

West Bengal Finance Minister Amit Mitra has urged the central government to allow companies to contribute from their CSR kitty towards the emergency fund created by the state to fight the COVID-19 pandemic.

Sixty-two people have died after being infected by the novel coronavirus, the government said on Monday. Across the country the number of confirmed cases is now 2,547, with 478 new cases detected in the past 24 hours. A total of 163 people have been discharged from hospitals after receiving treatment. Confirmed COVID-19 cases have been reported fro...