Page 2 - Nikesh Singh

FinMin pushes PSBs to enhance procurement via GeM to Rs 10,000 cr in FY24

GeM Sahay to provide short-term loans to all sellers

DFS work on draft insurance law complete, sent to Cabinet for approval

The amendments aim to enhance the security of policyholders, promote their interests, and improve returns

Old pension scheme bad for India: PFRDA ex-boss Supratim Bandhyopadhyay

"The old pension scheme is like accepting a post-dated cheque of a bank that is bound to fail"

Had meeting with Adanis, happy about it: LIC chairman M R Kumar

LIC's exposure to the Adani group has been under scrutiny since the report by the US-based shortseller became public

HDFC first private bank to tie up with IRCTC for co-branded credit card

Earlier, IRCTC has only partnered with SBI and Bank of Baroda for this travel segment of the card

Centre's fiscal deficit widens to 67.8% of revised full-year target

Govt capex stays strong, 29% higher in 10 months of FY23

Create a roadmap to upscale organic farming in Sikkim: FM Sitharaman

To boost tourism, the state can take the initiative to call some of the tourism aggregators who facilitate homestays, said Finance Minister Nirmala Sitharaman

MDB reforms to facilitate climate financing: FM Nirmala Sitharaman

She emphasised the country's belief that the recommendations of the expert panel on the MDB's capital adequacy frameworks can significantly unlock development financing

Indian economy likely to grow at 5.9% in FY24, says India Ratings

The rating agency expects the average retail and wholesale inflation to be at 5.4 per cent and 1.1 per cent, respectively

FM Nirmala Sitharaman defends RBI: 'Reining in inflation, capital outflows'

India's retail inflation reversed its downward trend in January at 6.52 per cent and once again breached the central bank's upper tolerance limit

RBI may consider priority sector status to green hydrogen projects

The Department of Financial Services on Friday held a meeting, seeking suggestions for easing of financing provisions for the projects being taken up under the National Green Hydrogen Financing

Exporters need to be receptive towards impact of recession: FM Sitharaman

She also revealed that petrol, diesel can be included in GST once states agree

Budget slow on fiscal consolidation, ambitious on revenue target: S&P

According to the monthly Asia-Pacific Credit Focus, the govt will also look to cap subsidy expenditure in the upcoming year, against a surprise rise in FY23 owing to surging fertilizer and food prices

DRI seizes over than Rs 1,000 cr of contraband each month, says agency's DG

Statement made at Ficci Cascade event, where it was revealed that World Customs Organization has evolved strategies to tackle illicit trade using AI, ML, blockchain to disrupt the practice

Smuggling can slow march to $40-trillion economy, says FICCI report

The FICCI CASCADE has urged the government to launch a robust international campaign against the menace of smuggling

DPIIT likely to bring national framework on quality infrastructure

Dept to ensure there are more accreditation facilities in tier-2 and 3 cities, with key focus on healthcare and education systems

Capital expenditure by CPSEs touches 76% of Rs 6.6-trillion target

Petroleum CPSEs and the National Highways Authority of India (NHAI) have so far driven the capex among CPSEs

Public procurement via GeM expected to cross Rs 2 trillion-mark in FY23

The largest order worth Rs 20,400 crore placed on GeM until now is by NTPC for mine development and operations services

Govt streamlines rules for settlement of disputes among CPSEs

In 2018, the DPE had issued an office memorandum, wounding up the Permanent Machinery of Arbitration (PMA) for settling such disputes

Capex proposals from states may come early in FY24: FM Sitharaman

The 50 year interest free capex loans worth Rs 1.3 trillion are part of the Centre's FY24 capex budget of Rs 10 trillion