Fiscal deficit of India for 2021-22 has improved to 6.71% of the GDP over the revised budget estimate of 6.9% mainly on account of higher tax realisation. The fiscal deficit in the absolute terms was Rs 15,86,537 crore (provisional). The finance ministry had estimated the deficit at Rs 15,91,089 crore or 6.9 per cent of GDP in February 2022. The tax receipts were at […]
Fiscal deficit of India improves to 6.7% in FY22 Read More »
The Defence Ministry has signed a contract of 2,971 crore with Bharat Dynamics Ltd under the ‘buy Indian’ category. The contract was signed for supply of the indigenously developed Astra Mk-I Beyond Visual Range air to air missiles and associated equipment for the Navy and the Indian Air Force. The Defence Acquisition Council headed by Defence Minister, Rajnath Singh had approved the purchase of
Bharat Dynamics signs deal with Defence Ministry for ASTRA MK-1 BVR Read More »
Bangladesh remains the top recipient of Covid-19 vaccine doses under COVAX in one year as UNICEF delivered over 190 million doses of vaccines to Bangladesh. COVAX is responsible for more than 62 percent of the doses delivered to Bangladesh.The vaccines came through COVAX, the global initiative co-led by the Coalition for Epidemic Preparedness Innovation, Gavi, the Vaccine
COVAX: Bangladesh now the top recipient of Covid vaccines Read More »
The National Assets Reconstruction Company Ltd (NARCL) on Tuesday said it on-boarded former State Bank of India (SBI) official Natarajan Sundar as its managing director and chief executive on 30 May. Sundar is a banking veteran having served SBI for over 37 years and retired as Dy MD and Chief Credit Officer of the bank.
Former SBI officer Natarajan Sundar joins NARCL as MD & CEO Read More »
Pharmaceuticals and Medical Devices Bureau of India (PMBI) has crossed 100 crore rupees sales May 2022. PMBI is the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP). The central government has also set a target to increase the number of Jan Aushadhi Kendras to 10,000 by March 2024 with a view to provide quality medicines at an affordable rate.
Pharmaceuticals & Medical Devices Bureau of India crosses Rs 100 cr sales Read More »
SEBI has imposed a penalty of Rs 1 crore on India Infoline Ltd (IIFL) for misutilisation of client securities. The amount has to be paid by IIFL within 45 days. The penalty came after the SEBI’s inspections of the books of account of IIFL for the period April 2011 to January 2017. It was found that IIFL had misused client funds in
SEBI imposed monetary penalty of Rs 1 cr on IIFL for misusing client funds Read More »
Israel has signed a free trade deal with the United Arab Emirates on May 31, its first with an Arab country.The agreement helps to increase bilateral trade in goods and services, increase Israeli exports to UAE. It also provides customs exemption immediately or gradually on 96% of trade between the countries. The UAE was the first Gulf country to
Telangana Day or Telangana Formation Day is observed on June 2. The day commemorates the formation of the state of Telangana. The day is a state public holiday in Telangana. Telangana’s 30 districts honour this day by hoisting the national flag. The formation of Telangana signifies the victory of the Telangana movement. It commemorates the official
Telangana Formation Day is observed on 02nd June Read More »
Jan Aushadhi outlets for the first time crossed the Rs 100 crore sales mark in May, an official release said on Tuesday. Jan Aushadhi outlets offer more than 1,600 generic medicines, 250 surgical devices, nutraceuticals, Ayush products and Suvidha Sanitary pads. The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is implemented by the Pharmaceuticals & Medical Devices Bureau of India
Jan Aushadhi stores surpassed the Rs 100 crore revenue threshold Read More »
Singer KK, who gave Indian music lovers many hits over the last three decades has died at 53. He gave a performance at Nazrul Mancha on Tuesday and later went to his hotel where he fell ill. He was brought to a hospital where he was declared dead. KK was regarded as one of the
Bollywood Singer KK dies after performing at Kolkata concert Read More »
