Venkatachalam of AIBEA has criticised the Union Budget saying the Government has failed to live up to the aspirations of the country.
Is Donald Trump a Threat to the World?
On the surface, the question seems absurd. After all, he’s just one man. But Trump’s rhetoric, policies, and unpredictable foreign dealings have positioned him as more than just an isolated political figure.
Union Budget 2025 Live: No income tax payable upto income of Rs 12 lakh rupees
Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2025-26 today, marking a historic milestone as the only finance minister to deliver the budget for eight consecutive years. While this sets a new record for consecutive budget presentations, the overall record for the most Union Budgets in India still belongs to former Prime Minister Morarji Desai. Desai presented a total of ten budgets—six as finance minister between 1959 and 1964, and four more from 1967 to 1969.
Key Takeaways from the Economic Survey 2024-25
India needs an average 8% real GDP growth over the next couple of decades for achieving ‘developed nation’ status by 2047
Labour Market Shows Strong Post-Pandemic Recovery: Economic Survey 2025
The survey also notes a rise in self-employment, which now accounts for 58.4% of the total workforce in 2023-24, up from 52.2% in 2017-18. A particularly encouraging trend is the near doubling of female labour force participation, which has surged from 23.3% in 2017-18 to 41.7% in 2023-24.
Economic Survey 2025 predicts 6.3%-6.85 GDP in FY26
Economic Survey 2025 predicts 6.3%-6.85 GDP in FY26
RBI Conducts ₹1 Lakh Crore Variable Rate Repo Auction, Cut-Off at 6.51%
Mumbai: The Reserve Bank of India (RBI) conducted a 3-day Variable Rate Repo (VRR) auction on January 31, 2025, to manage short-term liquidity in the banking system. The auction saw strong demand,…
“It is imperative that the government acts swiftly to revise commission structures”
Despite their critical role, BCs face several challenges, including outdated commission structures
AIBEA Urges Finance Minister to Exempt Public Sector Banks from Deposit Insurance Scheme
The move, AIBEA asserted, would allow commercial banks to retain more capital, improve profitability, and enhance their capacity to support economic growth.
RBI Appoints Advisory Committee to Support Administrator of Aviom India Housing Finance
The three-member Advisory Committee, constituted under Section 45-IE (5) (a) of the RBI Act, 1934, will aid the Administrator in carrying out his responsibilities. The members of the committee include Paritosh Tripathi, former Chief General Manager of State Bank of India, Rajneesh Sharma, former Chief General Manager of Bank of Baroda, and Sanjaya Gupta, former Managing Director and CEO of PNB Housing Finance Limited.