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Category: Economy

Economic Information From The Voice Of Sikkim

Defence Ministry seals numerous deals totalling Rs. 37,600 crore for armed forces, giving “Made in India” a boost
Economy

Defence Ministry seals numerous deals totalling Rs. 37,600 crore for armed forces, giving “Made in India” a boost

News DeskMarch 31, 2023

  The Indian Ministry of Defence (MoD) has recently signed contracts worth Rs 19,600 crore with domestic shipyards to procure 11 offshore patrol vessels and 6 missile vessels for the…

7th Pay Commission : Centre Likely To Benefit Over 50L Govt Employees
Economy

7th Pay Commission : Centre Likely To Benefit Over 50L Govt Employees

News DeskMarch 30, 2023

The imminent alteration in the central government’s basic salary scheme is likely to provide a much-needed boost to the morale of over 50 lakh government employees. According to sources, the…

The Government intends to borrow Rs 8.88 billion from the market in H1FY24
Economy

The Government intends to borrow Rs 8.88 billion from the market in H1FY24

News DeskMarch 30, 2023March 30, 2023

On Wednesday, the Finance Ministry announced that the government plans to raise Rs 8.88 lakh crore in the first half (April-September) of 2023-24 through borrowing to finance the revenue gap…

Apple contributes the most to “Made in India” ever and sees a value increase of 162%
Economy

Apple contributes the most to “Made in India” ever and sees a value increase of 162%

News DeskMarch 30, 2023

According to a recent research, shipments of “Made in India” smartphones increased 34% year over year in terms of value. Apple’s shipments of “Made in India” products increased by 162%…

GPay, BharatPe, Razorpay, and Paytm have teamed up with NPCI to bring credit card transactions to UPI.
Economy

GPay, BharatPe, Razorpay, and Paytm have teamed up with NPCI to bring credit card transactions to UPI.

News DeskMarch 30, 2023

Previously, UPI users were limited to making transactions using their bank accounts, overdraft accounts, and prepaid accounts. India’s National Payments Corporation of India (NPCI) has joined hands with top payment…

Temi Tea First Flush fetched Rs 10,250
Economy

Temi Tea First Flush fetched Rs 10,250

News DeskMarch 29, 2023March 30, 2023

First flush of Temi Tea fetched record breaking price of Rs 10,250/kg this year. Temi Tea Estate is currently harvesting its first flush tea leaves. Orthodox Black Tea and Oolong…

Essential life saving medicines to cost more starting April 2023
Economy

Essential life saving medicines to cost more starting April 2023

News DeskMarch 29, 2023March 29, 2023

Starting in April, essential medicines like painkillers, antibiotics, heart medications, cardiac drugs, and anti-infectives are expected to cost more. This will be a big blow to consumers who are already…

Will consumer needs to pay UPI transaction charge above Rs 2000 ?, read what NCPI says
Economy

Will consumer needs to pay UPI transaction charge above Rs 2000 ?, read what NCPI says

News DeskMarch 29, 2023April 1, 2023

The National Payments Corporation of India (NPCI) recently issued a circular stating that users will be required to pay 1.1% of the transaction value when using PPIs on UPI for…

IT Dept Extends Deadline For Pan-Aadhar Linking Until 30 June 2023
Economy

IT Dept Extends Deadline For Pan-Aadhar Linking Until 30 June 2023

News DeskMarch 28, 2023March 29, 2023

The Income Tax Department has extended the deadline for linking PAN with Aadhaar until 30 June 2023, providing the much-needed respite to the nation’s tens of thousands of Pan Card…

EPFO Increases Interest Rate to 8.15% for the 2022-23
Economy

EPFO Increases Interest Rate to 8.15% for the 2022-23

News DeskMarch 28, 2023

The Employees’ Provident Fund Organization (EPFO) has increased the interest rate for the employees’ provident fund to 8.15% for the 2022-23 The EPFO reduced the interest rate on EPF for…

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