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BJP Got Rs 614.53 Crore As Contributions Last Year, Congress 95.46 Crores
The ruling BJP received Rs 614.53 crore as contributions, more than six times the funds garnered by the opposition Congress during fiscal year 2021-22. Congress received funds to the tune of Rs 95.46 crore, according to Election Commission data.
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Pak PM Shehbaz Sharif, Ex-PM Imran Khan Not As Rich As Their Wives: Report
The wives of Pakistan's Prime Minister Shehbaz Sharif and his predecessor Imran Khan are richer than their husbands, according to the statements of assets filed for the fiscal year ending on June 30 of 2020 with the Election Commission of Pakistan.
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Fiscal Deficit Estimated At 10.4% In 2021-22 If Disinvestment Target Missed: ICRA
A miss in the disinvestment target may cause the fiscal deficit to rise at Rs 16.6 lakh crore or 7.1 per cent of the GDP in the current financial year
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RBI Says States' High Debt-To-GDP Ratio Worrisome
States debt-to-GDP ratio is likely to remain at 31 per cent by end of 2021-22, which is higher than the 20 per cent target to be achieved by 2022-23
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Karnataka Poverty Numbers Very High Despite High Per Capita Income: Finance Commission
The 15th Finance Commission found the state's performance in the agricultural sector was disappointing.
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Wages Rise Under MGNREGA With Election Commission Endorsement
The Union Rural Development Ministry has increased the rate of wages under the MGNREGA for the 2019-20 fiscal with approval from the Election Commission and has asked state governments not to publicise the enhancement of wage rates under the rural employment scheme.
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15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
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Income Disclosure Scheme To Fund Pay Commission, Public Sector Banks' Recapitalisation: Report
According to Bank of America Merrill Lynch the additional taxes under the IDS II would fund the 7th Pay Commission as well as recapitalise PSU banks without cutting back on public capex.
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Goldman Sachs Raises India's Retail Inflation Forecast For 2016-17
Financial services major Goldman Sachs has marginally revised upwards its forecast on Consumer Price Index-based inflation in India to 5.5 per cent for the fiscal year citing higher food prices but said the upside risks are limited due to delay in rollout of the pay commission award.
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Lenders' Consolidation Next Fiscal Year: Banks Board Bureau Chief
Consolidation of more banks may begin from next fiscal year as the priority today is to unlock the jammed lending system with the non-performing assets (NPAs) sitting over balance sheets of banking institutions, Banks Board Bureau chief Vinod Rai said on Tuesday.
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7th Pay Commission: Jaitley Says More Money Needed To Fund Salary Hikes
Finance Minister Arun Jaitley told lawmakers that he would need more money in the current fiscal year to cover the cost of big pay rises for 10 million state workers and pensioners.
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Over 6-8% Passenger Vehicle Sales Growth Seen In FY17: Industry Body
Growth in passenger vehicle sales may be higher than the 6-8 per cent forecast for the current fiscal year in view of a better outlook for the economy, a good monsoon and implementation of the Seventh Pay Commission recommendations, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
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Better Monsoon To Push Rural Demand, Help Fiscal Health: Icra
With monsoon spreading across the country, domestic rating agency Icra said better rains will help push rural demand and may also benefit fiscal health of states and the Centre if demand for work under the MGNREGA scheme eases.
-
Opinion: Salary Hikes For Government Employees Is Smart, Calculated Move
Although there are many sceptics who will contend that the infusion of approximately Rs one lakh crore into the economy by way of this bonanza will result in a demand push and consequent inflationary pressure, the government could not have avoided implementing the award by a statutory body.
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Government Pay Hike To Boost Consumer Demand, Economic Growth: India Inc
Hike in salaries of the government employees will have a positive impact in terms of boosting demand and push economic growth, India Inc said on Wednesday.
-
BJP Got Rs 614.53 Crore As Contributions Last Year, Congress 95.46 Crores
The ruling BJP received Rs 614.53 crore as contributions, more than six times the funds garnered by the opposition Congress during fiscal year 2021-22. Congress received funds to the tune of Rs 95.46 crore, according to Election Commission data.
-
Pak PM Shehbaz Sharif, Ex-PM Imran Khan Not As Rich As Their Wives: Report
The wives of Pakistan's Prime Minister Shehbaz Sharif and his predecessor Imran Khan are richer than their husbands, according to the statements of assets filed for the fiscal year ending on June 30 of 2020 with the Election Commission of Pakistan.
-
Fiscal Deficit Estimated At 10.4% In 2021-22 If Disinvestment Target Missed: ICRA
A miss in the disinvestment target may cause the fiscal deficit to rise at Rs 16.6 lakh crore or 7.1 per cent of the GDP in the current financial year
-
RBI Says States' High Debt-To-GDP Ratio Worrisome
States debt-to-GDP ratio is likely to remain at 31 per cent by end of 2021-22, which is higher than the 20 per cent target to be achieved by 2022-23
-
Karnataka Poverty Numbers Very High Despite High Per Capita Income: Finance Commission
The 15th Finance Commission found the state's performance in the agricultural sector was disappointing.
-
Wages Rise Under MGNREGA With Election Commission Endorsement
The Union Rural Development Ministry has increased the rate of wages under the MGNREGA for the 2019-20 fiscal with approval from the Election Commission and has asked state governments not to publicise the enhancement of wage rates under the rural employment scheme.
-
15th Finance Commission Invites Public Suggestions By June 30
The 15th Finance Commission, set up to recommend the devolution of central pool taxes to states, as well as a fiscal consolidation roadmap for government finances, has invited suggestions from the public, according to the Union Finance Ministry.
-
Income Disclosure Scheme To Fund Pay Commission, Public Sector Banks' Recapitalisation: Report
According to Bank of America Merrill Lynch the additional taxes under the IDS II would fund the 7th Pay Commission as well as recapitalise PSU banks without cutting back on public capex.
-
Goldman Sachs Raises India's Retail Inflation Forecast For 2016-17
Financial services major Goldman Sachs has marginally revised upwards its forecast on Consumer Price Index-based inflation in India to 5.5 per cent for the fiscal year citing higher food prices but said the upside risks are limited due to delay in rollout of the pay commission award.
-
Lenders' Consolidation Next Fiscal Year: Banks Board Bureau Chief
Consolidation of more banks may begin from next fiscal year as the priority today is to unlock the jammed lending system with the non-performing assets (NPAs) sitting over balance sheets of banking institutions, Banks Board Bureau chief Vinod Rai said on Tuesday.
-
7th Pay Commission: Jaitley Says More Money Needed To Fund Salary Hikes
Finance Minister Arun Jaitley told lawmakers that he would need more money in the current fiscal year to cover the cost of big pay rises for 10 million state workers and pensioners.
-
Over 6-8% Passenger Vehicle Sales Growth Seen In FY17: Industry Body
Growth in passenger vehicle sales may be higher than the 6-8 per cent forecast for the current fiscal year in view of a better outlook for the economy, a good monsoon and implementation of the Seventh Pay Commission recommendations, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
-
Better Monsoon To Push Rural Demand, Help Fiscal Health: Icra
With monsoon spreading across the country, domestic rating agency Icra said better rains will help push rural demand and may also benefit fiscal health of states and the Centre if demand for work under the MGNREGA scheme eases.
-
Opinion: Salary Hikes For Government Employees Is Smart, Calculated Move
Although there are many sceptics who will contend that the infusion of approximately Rs one lakh crore into the economy by way of this bonanza will result in a demand push and consequent inflationary pressure, the government could not have avoided implementing the award by a statutory body.
-
Government Pay Hike To Boost Consumer Demand, Economic Growth: India Inc
Hike in salaries of the government employees will have a positive impact in terms of boosting demand and push economic growth, India Inc said on Wednesday.
