136 CRORE IN FY23
RBI board approves transfer of Rs 87,416 crore as dividend to govt for FY23
The Reserve Bank of India's board Friday approved the transfer of Rs 87,416 crore as surplus to the Central government. It also decided to raise the contingency risk buffer to 6% from 5.5%, the central bank said in a press release.In FY22, the RBI transferred Rs 30,307 crore...
India records highest ever defence export during FY 2022-23 at approx Rs 16,000 crore
India's defence exports reached an all-time high of Rs 15,920 crore in the financial year 2022-2023, Defence Minister Rajnath Singh said on Saturday describing the rise as a remarkable achievement.India records highest ever defence export during FY 2022-23 at appro...
India's net direct tax collections rise 23.5% YoY to Rs 8.65 lakh crore in FY24 so far
India's net direct tax collection between April 1 and September 16, 2023, stood at Rs 8.65 lakh crore, up 23.5 per cent on an annualised basis, data showed on Monday. This tax collection by the government includes personal income tax of Rs 4.47 lakh crore and corp...
Watch: In a relief for farmers, Govt approves Rs 60,939 crore subsidy for P&K fertilisers
Amid a global surge in fertilisers prices, the government approved a subsidy of Rs 60,939.23 crore for phosphatic and potassic fertilisers, including DAP, for the first six months of this fiscal as part of efforts to provide soil nutrients to farmers at an affo...
Government to borrow Rs 8.45 lakh crore in first half of 2022-23
The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy, the Finance Ministry said on Thursday. Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh...
Infosys Q4 results: Net profit rises 12% to Rs 5,686 crore; pegs FY23 revenue growth outlook at 13-15%
India's second-largest IT services provider Infosys on Wednesday reported a consolidated net profit of Rs 5,686 crore for the fourth quarter of 2021-22 against Rs 5,076 crore in the corresponding quarter of the previous year, registering a year-on-...
