Finance

Kerala Finance Minister K N Balagopal assured that social security and welfare pension beneficiaries would receive three installments of pension arrears before Vishu.

In a shocking development, a branch of the National Bank of Pakistan (NBP) in Karachi, Pakistan, recently received bundles of misprinted currency notes of Rs 1000 denomination issued by the State Bank of Pakistan (SBP). 

In a financial twist, Pakistan finds itself grappling with a notable surge in external public debt, witnessing an unprecedented increase of $1.2 billion over the past six months. The implications of this economic development cast a shadow on the nation's fiscal stability, triggering concerns among investors and international markets alike.

Despite the abolition of policies like the Freight Equalization Scheme, the northern and eastern states continue to grapple with the legacy of exploitation and developmental setbacks, says S Gurumurthy

The Delhi CM congratulated the women of Delhi after the Delhi Finance Minister Atishi announced the transfer Rs 1000 per month to every woman above 18 years of age under the 'Mukhyamantri Mahila Samman Yojana' for the financial year 2024-25.

The salary of the state government employees, which was delayed for three days, will be credited today. The salary of employees working in 12 departments including agriculture, fisheries, animal husbandry, cooperation, and industries is to be paid.

The suspension of salaries for state government employees has been attributed to a financial crisis. However, the Treasury Department and the Finance Department have declined to provide further clarification, citing technical issues.

The Central Government has allocated Rs 4000 crore to Kerala amid the financial crisis in the state after a reduction in the borrowing limit.

In a monumental passing, Jacob Rothschild, the prominent financier, and scion of the renowned Rothschild family, breathed his last at 87 on Monday, leaving behind a legacy that reverberates through centuries of financial influence and dynastic splendour.

 Finance Minister KN Balagopal has donated the remaining Rs 2,30,000 from the sponsorship amount for the Nava Kerala Sadas to charitable organizations.  The Mukhamukham program, which commenced on February 18, is a platform for individuals representing various sectors to express their views.

In a recent letter addressed to Finance Minister Nirmala Sitharaman, the Congress raised concerns regarding alleged quid-pro-quo between the Bharatiya Janata Party (BJP) and corporate donors.

Kerala Finance Minister KN Balagopal said that the Centre has demanded the state to withdraw cases against the central government at the Supreme Court if the required amount to the state has to be released.

Key highlights include the launch of the "Kalaignarin Kanavu Illam" housing scheme, allocation of funds for school infrastructure development, translation of Tamil epics, support for women's self-help groups, urban infrastructure projects, rural road improvement, and initiatives for transgender individuals and working women

In a dynamic move to address key sectors and development challenges, Chief Minister Siddaramaiah has allocated a substantial budget of ₹52,000 crore for the implementation of five crucial guarantee schemes, namely Shakti, Gruha Jyoti, Gruha Lakshmi, Yuva Nidhi, and Anna Bhagya, in the fiscal year 2024-25.

After prolonged speculation, Kylian Mbappe's departure from PSG has been confirmed, paving the way for a summer move to Real Madrid.