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    PSU banks outdo non-public friends as a consequence of govt enterprise: S&P

    April 10, 2024 - By how finance works

    MUMBAI: Public sector banks have outperformed non-public counterparts within the fairness market throughout fourth quarter of FY24 as they acquire from govt tasks, S&P stated in a report.The market capitalisation of all state-owned banks in record of the nation’s 20 largest banks has improved from the earlier quarter. Punjab &…

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    ILO reaffirms what all of us knew: Indians are loopy about govt jobs

    April 2, 2024 - By how finance works

    Tens of millions scramble to get a govt job, just about any govt job, in India. Take simply two examples. Lately, for ~60,000 UP police constable jobs, there have been ~48 lakh candidates – that is a variety ratio of 1.25%. For military jawans recruitment, choice ratio is 3%-4%. And…

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    Govt set to borrow half of Rs 14L cr goal in H1 of fiscal

    March 28, 2024 - By how finance works

    MUMBAI: Govt plans to borrow Rs 7.5 lakh crore by way of public sale of bonds of between 3-year and 50-year maturities in the course of the first half of the following fiscal beginning April 1. This makes up about 53% of its FY25 borrowing goal of Rs 14.1 lakh…

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    Miners urge govt to not impose export obligation on low grade iron ore

    March 24, 2024 - By how finance works

    NEW DELHI: Miners’ physique FIMI has urged the federal government to not impose any export obligation on low-grade iron ore, stating that any such transfer would trigger a major lack of state revenues and employment and likewise have an effect on international trade earnings. In a illustration to the federal…

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    Govt extends ban on onion exports until additional orders

    March 23, 2024 - By how finance works

    NEW DELHI: The federal government has prolonged the export ban on onion until additional orders, in line with a notification of the commerce ministry.Earlier, it was prohibited until March 31 this 12 months.”Export prohibition on export of onions valid till 31st March 2024, is extended until further orders,” the Directorate…

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    Automotive makers to offer ‘rear seat belt alarm’ from Apr 2025, govt points proposed notification | India Information

    March 15, 2024 - By how finance works

    NEW DELHI: All automobiles manufactured from April 1, 2025 onwards, should present “rear seat belt alarm”, as per a draft notification issued by the highway transport ministry. This comes months after the same proposed obligatory rule had lapsed together with the obligatory six airbags and 3-point seatbelt.TOI on Nov 7…

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    India’s retail inflation eases barely in February, nearly unchanged from January: Govt knowledge

    March 12, 2024 - By how finance works

    NEW DELHI: India’s annual retail inflation in February elevated at a quicker tempo than anticipated, primarily because of greater meals costs, as per authorities knowledge launched on Tuesday. Though there was a slight easing, with annual retail inflation coming down to five.09% in February from 5.10% in January, it remained…

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