Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The dividend was approved by LIC in its annual general meeting held on August 26, 2025, the state-owned insurance firm said in a statement. The dividend…
A delegation from the Federation of Indian Export Organisations (FIEO), led by President S C Ralhan and including Vice President Ravikant Kapur, Director General & CEO Ajay Sahai, Director Israr Ahmed of Farida Group, and Pankaj Chadha, Chairman of EEPC, met Finance Minister Nirmala Sitharaman on Thursday. The delegation briefed the finance minister on the…
Today (August 21), the Centre has approved GoMs’ proposal on rate rationalisation, insurance taxation, and compensation cess. The government has given a green signal to the GST revamp plan with slabs of 5 per cent, 18 per cent, and 40 per cent, Bihar Deputy Chief Minister Samrat Choudhary said on Wednesday. Currently, the GST is…
After withdrawing the Income Tax Bill on Friday, August 8, Finance Minister Nirmala Sitharaman today (August 11) introduced a new Bill named The Income-Tax (No.2) Bill, 2025. The Bill has been passed by the Lok Sabha. A 31-member Select Committee led by BJP MP Baijayant Panda had proposed several amendments to the law. Despite protests…
Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that loans amounting to Rs 28,996.15 crore have been sanctioned under the Stand-Up India scheme between April 2022 and March 2025. These loans have been extended to Scheduled Caste (SC), Scheduled Tribe (ST), and women entrepreneurs to promote enterprise development among marginalised communities. According to…
Amid escalating global concerns over China’s rare earth export controls, Union Minister for Coal and Mines G Kishan Reddy on Saturday announced that the Central Government has decided to begin production of rare earth magnets in Hyderabad. The move is a key step in India’s larger push towards self-reliance in critical technologies. Speaking to ANI,…