
Harsh Kumar
Articles
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1 week ago |
rediff.com | Harsh Kumar |Sanjeeb Mukherjee
Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March. This is the highest percentage of people who are expecting a jump in their incomes over the next one year since the start of the bi-monthly Rural Economic Conditions and Sentiments Survey (RECSS) of Nabard in September 2024.
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3 weeks ago |
rediff.com | Harsh Kumar |Asit Ranjan Mishra
The revised ceiling will be within the Rs 10 lakh mark. IMAGE: Account holders queue outside a branch of the New India Co-operative Bank in Mumbai after the Reserve Bank barred it from offering new loans or accepting deposits, making it unable for customers to withdraw funds. The government is actively considering a hike in the deposit insurance limit for bank deposits from the present level of Rs 5 lakh within the next six months, a senior finance ministry official told Business Standard.
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Feb 1, 2025 |
rediff.com | Ruchika Chitravanshi |MONIKA YADAV |Harsh Kumar
'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.''We expect all that money will come back into the economy in either savings, consumption, or investments.'IMAGE: People watch the live telecast of Union Budget 2025 at a showroom in Patna, February 1, 2025.
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Jan 30, 2025 |
rediff.com | Ruchika Chitravanshi |Harsh Kumar |MONIKA YADAV
This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year. IMAGE: Finance Minister Nirmala Sitharaman. On February 1, Union Finance Minister Nirmala Sitharaman will present the 14th Budget of the Narendra Modi government since it took office in 2014.
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Dec 11, 2024 |
rediff.com | Harsh Kumar
A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. “Let me first go, join, understand the turf … Here it is a different role,” Malhotra said, speaking to reporters in front of North Block.
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