RBI’s financial inclusion index shows growth across all segments in FY25
AMN / BIZ DESK The Reserve Bank of India has informed that the Financial Inclusion Index of the FI index for Financial Year 2025 has improved and stands at 67…
Gross non-performing assets of Public Sector Banks decline by over 6.5% in last 5yrs
AMN Gross non-performing assets of public sector banks have witnessed significant decline in the last five financial years. The NPAs have reduced from 9.11 percent to 2.58 percent between the…
Women Powering GST Growth: 20% of Taxpayers Include Female Members: SBI report
A Akhter India’s economic power is not just expanding in numbers—it’s becoming more inclusive. According to a new report by SBI’s Economic Research Department, out of over 1.52 crore active…
Gita Gopinath to Step Down as IMF’s No. 2, Return to Harvard
AMN Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), will step down at the end of August 2025, the IMF announced on Monday. She will…
India to Give Its Iconic Tourist Spots a Global Makeover-Scheme Launched to Boost World-Class Tourism
AMN / NEW DELHI In a major push to put India’s most iconic tourist destinations on the global map, the Ministry of Tourism has rolled out operational guidelines under its…
Parliamentary Panel Recommends Major Reforms in Tax Refund, Dividend and TDS Rules
R. Suryamurthy A parliamentary committee examining the draft Income-Tax Bill, 2025, has flagged several drafting flaws in the proposed revamp of India’s six-decade-old tax law and put forward 32 formal…
Govt takes several initiatives to promote coal and lignite gasification
AMN The Government has taken the following initiatives to promote coal and lignite gasification in the public and private sectors- The aforesaid ₹8500 crore financial incentive scheme has the following…
SAIL Emerges as Largest Steel Supplier for Zojila Tunnel with Over 31,000 Tonnes
Steel Authority of India Limited (SAIL), the country’s largest steelmaking Maharatna PSU, has become the single largest steel supplier for the under-construction Zojila tunnel, a landmark infrastructure project that will…
145 MPs Move Impeachment Against Justice Yashwant Varma Over Cash Row
Staff Reporter Members of Parliament on Monday submitted a memorandum to Lok Sabha Speaker Om Birla seeking the removal of High Court judge Justice Yashwant Varma in connection with the…
EPFO sees record addition of 20.06 lakh net members in May
The Employees’ Provident Fund Organisation (EPFO) reported its highest-ever net member addition in a single month, with 20.06 lakh new members joining in May 2025 — the best growth since…