THE CENTRE HAS transferred assorted subsidies and sops worth about â¹4.15 lakh crore to beneficiaries through direct benefit transfer (DBT) so far in the current fiscal, reflecting an acceleration in the pace of government spending in the third quarter.
The Centre undertook DBT worth about â¹2.3 lakh crore in the first half of FY25, as general elections and late presentation of the full Budget slowed down the implementation of programmes.
Direct benefit transfers reached a record â¹7.16 lakh crore in FY23, largely due to the free grains scheme and higher subsidies on fertiliser due to price rises.
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Grade A warehousing mkt to hit 700 mn sq ft
THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).
IRCTC teams up with ITC, Tata Group, Harvest Gold to revamp food catering
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Rupee falls 13 paise tracking Asian peers, dollar demand
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Special fund for MFIs...
The combined loan outstanding of the MFIs stood at around â¹1.7 lakh crore as on March 31, 2024. And 60% of this amount has been lent by large MFIs
OpenAI to Indian court: Can't delete ChatGPT training data
'BREACH OF US LEGAL OBLIGATIONS'
Amazon Web to invest $8.3 billion
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After NSA, foreign secretary to visit China on January 26-27
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INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.
Zee Q3 profit jumps 180%; revenue falls
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New probe ordered into Foxconn hiring
NHRC FAULTS LABOUR OFFICIALS FOR LAX INQUIRY
