In a significant financial move, the Central Government of India has released ₹1,78,173 crore to the states as part of its tax devolution during the festive season. This allocation, announced by the…
Tag: crore
Electric two-wheeler scheme: Gujarat disbursed Rs 56 crore in aid for over 53,000 students
The state government has disbursed financial aid totaling Rs 56 crore through the Direct Benefit Transfer (DBT) system, aimed at encouraging students to use electric vehicles. Under the scheme, students from Grade…
India Faces Imbalance in Housing Market: Over 1 Crore Vacant Flats Amid Surging Luxury Home Launches and Stagnant Affordable Housing
The article highlights a significant issue in India’s housing market: over 1 crore flats remain vacant, prompting concerns about the underutilization of assets. Between 2019 and 2023, launches of high-end residential units…
Government bonds worth Rs 38,000 crore will be sold through RBI’s multi-value auction system
The sale of government bonds worth Rs 38 thousand crore was announced by the finance ministry. The sale has been announced through the Reserve Bank of India’s (RBI) new multiple price auction…
PM Modi dedicates development projects worth at least Rs 8.25 lakh crore in just 14 days
Prime Minister Narendra Modi has embarked on an ambitious mission to propel India into a new era of development, termed ‘Viksit Bharat’. Over the span of just 14 days this month, he…
Prime Minister Modi gave gifts worth Rs 17,000 crore to Madhya Pradesh, inaugurated Vikramaditya Vedic Clock
Prime Minister Narendra Modi gave gifts worth Rs 17,000 crore to Madhya Pradesh in the ‘Developed India, Developed Madhya Pradesh’ program through video conferencing and dedicated many development projects to the nation….
SpiceJet’s board approves allotment of 4.01 crore shares to two investors, raises additional Rs 316 crore
Budget airline SpiceJet has approved the allotment of 4.01 crore equity shares to two investors. Additionally, the committee also approved the allotment of 2.31 crore warrants for which four investors including Elara…
RBI releases Rs 5,000 crore to ease liquidity for primary dealers
To simplify and facilitate liquidity for primary dealers, the Reserve Bank of India (RBI) has decided to provide an additional amount of Rs 5,000 crore. According to an RBI statement, this amount…
Adani Group to invest Rs 8,700 crore in Bihar
Patna, Dec 15: Adani Group has announced a major investment of Rs 8,700 crore in the state of Bihar, Pranab Adani, Director, Adani Enterprises, said during Bihar Business Connect-2023, a global investor…