Central Government
Advertisement
Food prices to remain stable during festive season: Centre
Food secretary Sanjeev Chopra told media persons that government is using all tools to control prices.
Government to sell 50-year bonds for first time
This comes as a major development in the country’s financial sector as a fast-growing middle-class looks for long-term financial security and retirement planning through such investments. The new 50-year bonds, revealed in the borrowing plan released by the Reserve Bank of India on Tuesday, will add to the 30-year and 40-year tenor bonds that are being offered currently.
Centre aims to meet 70% of India’s IT hardware demand through domestic production
"At present, almost 80 per cent of our supplies to the digital ecosystem come from imports and only 8-10 per cent of our supply requirement comes from India. We want to make that 65-70 per cent in the next three years," the minister told journalists.
Centre starts onion procurement at Rs 2,410 per quintal to protect farmers' interests: Piyush Goyal
"NCCF and NAFED had started the sale of onions at subsidised rate of Rs 25 per kg to consumers across the country on Monday. Today, a further boost will be given. Both consumers and farmers are precious for us. I urge the farmers to not worry, and sell their produce at good price," Goyal said in a press conference.
Centre's debt rose by 174% between 2013-14 & 2022-23, external debt by 100%
External debt is a component of Central government's overall debt.
Centre defers import curbs on laptops, PCs till Nov 1
In a notification, issued late Friday night, the Directorate General of Foreign Trade (DGFT) announced that the restriction on import of certain category of laptops and computers will come into effect from November 1 onwards. Post November 1, no entity will be allowed to import laptops, computers, and related items without a license.
Govt engaging with Vedanta to facilitate its residual stake sale in BALCO
Sources aware of the development said that the Mines Ministry is said to have requested the Department of Investment and Public Asset Management (DIPAM) to engage with Vedanta to withdraw the arbitration case, as the government plans to take the initial public offer (IPO) route to sell a part of its 49 per cent stake in BALCO.
Government received Rs 1,70,501 crore in April as revenue
Non-debt capital receipts consists of recovery of loans of Rs 592 crore and miscellaneous capital receipts of Rs 9 crore. An amount of Rs 59,140 crore has been transferred to state governments as devolution of share of taxes by the Central government upto this period, which is Rs 11,548 crore higher than the previous year.
Govt exploring possibilities of investing in lithium mines in Argentina, Australia
According to top sources, the joint venture company of union mines ministry, Khanij Bidesh India Limited (KABIL), which consists of National Aluminium Company Ltd. (NALCO), Hindustan Copper Ltd. (HCL) and Mineral Exploration and Consultancy Ltd, is exploring opportunities for investment in lithium mines in Argentina and Australia.
Govt removes windfall tax on crude oil production, cuts for diesel
The windfall tax on diesel has been slashed to Rs 0.5 per litre from Rs 1 per litre earlier.There is no windfall tax on petroleum and jet fuel or aviation turbine fuel (ATF).Windfall tax is levied by government on unexpectedly high profits earned by companies.
Advertisement