The debt-GDP ratio for the central government is estimated to be 57.1 per cent in 2024-25 (revised estimate) and 56.1 per cent in 2025-26.

After opening on a positive note, the 30-share BSE Sensex marginally gained 0.01 per cent, or 5.39 points, to settle at 77,505.96 and the broader Nifty 50 lost 0.11 per cent, or 26.25 points to finish at 23,482.15.

The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had announced a comprehensive review of the Income-tax Act, 1961 to be completed in six months.

The Survey also points out the risk of increasing our current account deficit and exhorts us to make FDI more attractive, with an emphasis on tax certainty for investors through advance pricing agreements.

The Survey warned that a potential correction in the US market could pose a risk for India in 2025 and severely impact sentiments of domestic retail investors.

Economic Survey shows that in case of road transport, the construction of national highways has also reduced.

The regulator said a person engaged solely in education should not be engaged in two prohibited activities.

Admitting that health premium for senior citizens has gone through the roof, IRDAI said, “it is observed that there has been steep increase in premium rates under some of the health insurance products offered to senior citizens (aged 60 years and above).”

The growth in ARC recoveries is expected to be around 8 per cent next fiscal, driven by the increasing acquisition of retail loan portfolios.

Total revenue rose to Rs 113,575 crore for the December quarter as against Rs 110,577 crore a year ago.

A daily wage worker from Jharkhand, Kumar specializes in the gas cutting and welding of the damaged wagon body, an important part of the Periodic Overhaul (POH) of the freight wagon.

The scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of four years from the date of issue of operational guidelines of the scheme or till cumulative guarantee of Rs 7 lakh crore are issued, whichever is earlier, it said.

Among major states, the highest percentage of female-headed unincorporated establishments in 2023-24 were recorded in West Bengal (36.4 per cent), followed by Karnataka (35.20 per cent), Telangana (34.10 per cent) and Gujarat (32.20 per cent), ASUSE 2023-24 showed.

With Rs 3,000 crore budgeted for the National Mineral Exploration Trust (NMET) and Rs 4,000 crore for the Geological Survey of India (GSI), the NCMM targets 1,200 domestic critical mineral exploration projects till 2030-31.

The RBI Governor’s caution came amid the rise in digital frauds in the banking sector in the last two years.

There are many ways of protecting workers, but instead of protecting the worker’s job, why don’t we protect the worker’s consumption or income?

State Bank of India’s (SBI) first woman chairperson, Arundhati Bhattacharya, was awarded the Padma Shri — one of the country’s highest civilian honours, the Ministry of Home Affairs said in a statement.

The scheme will see a hike in the government's contribution to 18.5 per cent of the combined sum of basic pay and dearness allowance from 14 per cent earlier, while the share of the employee will be the same at 10 per cent.

The support for the MSME sector is being seen as crucial, given its outsized influence in large-scale employment and in India’s labour-intensive exports, people in the know said.

85,281 complaints about loans & advances, 42,239 about credit cards

The bank’s net interest income (NII) rose 9.1 per cent year-on-year to Rs 20,371 crore in Q3 FY2025 from Rs 18,678 crore in the year-ago period.

Central bank holds consultations on macroprudential measures

Odisha, Chhattisgarh lead rankings NITI Aayog rankings, Punjab, Andhra Pradesh lag

Vaishnaw said people across the world now understand how India could stay on a sustained growth path when many other countries went deep under debt.