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Centre's March economy report: 5 billion UPI transactions, record GST collection

The finance ministry's monthly economic review report for March also delved into the global price rise of essential commodities like edible oil due to the Ukraine conflict.
The Ministry of Finance On Thursday released its monthly economic review report for March this year, stating that the combined index of eight core industries registered a growth of 5.8 per cent in February 2022.(Representational image)
The Ministry of Finance On Thursday released its monthly economic review report for March this year, stating that the combined index of eight core industries registered a growth of 5.8 per cent in February 2022.(Representational image)
Published on Apr 07, 2022 06:07 PM IST
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By | Written by Aryan Prakash

Union cabinet gives nod to set up company to monetise surplus land monetisation

  • The National Land Monetization Corporation (NLMC) will be set up as a Special Purpose Vehicle (SPV) for undertaking monitisation of surplus land and building assets of the Central Public Sector Enterprises (CPSEs) and other government agencies, according to a statement released by the Centre.
The Union cabinet is chaired by Prime Minister Narendra Modi.(HT_PRINT)
The Union cabinet is chaired by Prime Minister Narendra Modi.(HT_PRINT)
Published on Mar 09, 2022 04:15 PM IST
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By | Written by Sharangee Dutta, New Delhi

Budget '22: India to hold 5G spectrum auctions this year, says finance minister

It will facilitate a rollout of the next-generation telecoms service by private telecom providers within next year, that is, the financial year (FY) '23, she added.
Sitharaman also said that the scheme for design-led manufacturing will bring a strong ecosystem for 5G as part of the Production Linked Incentive Scheme (PLI). (REUTERS)
Sitharaman also said that the scheme for design-led manufacturing will bring a strong ecosystem for 5G as part of the Production Linked Incentive Scheme (PLI). (REUTERS)
Published on Feb 01, 2022 12:08 PM IST
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Written by Joydeep Bose

10-day sale of 19th tranche of electoral bonds to begin today

The sale of the first batch of electoral bonds took place from March 1-10, 2018. The 18th tranche of the bond sale took place from September 1 to September 10, 2021. An electoral bond will be valid for 15 days from the date of issue.
Electoral bonds are issued by the State Bank of India (SBI) for amounts ranging from <span class='webrupee'>₹</span>1,000 to <span class='webrupee'>₹</span>1 crore.(Bloomberg Photo)
Electoral bonds are issued by the State Bank of India (SBI) for amounts ranging from 1,000 to 1 crore.(Bloomberg Photo)
Published on Jan 01, 2022 05:41 AM IST
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By | Written by Amit Chaturvedi, Hindustan Times, New Delhi

Two foreign-controlled mobile cos could face action for violating law: Govt

The CBDT said search action revealed that two companies have made remittances in the nature of royalty, to and on behalf of their group companies located abroad, which aggregates to more than 5,500 crore.
The Income Tax department.(Representational Photo/MINT)
The Income Tax department.(Representational Photo/MINT)
Published on Dec 31, 2021 06:45 PM IST
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Thursday, May 19, 2022