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Govt clocks Rs 40,000cr in public procurement transactions through GeM portal

Public procurement worth Rs 40,000 crore has taken place through the government’s online marketplace GeM, Expenditure Secretary T V Somanathan said on Monday. Stressing that the focus of public

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Economic Survey profiles wilful defaulters via related party transactions, share pledges

While making a case for pro-business rather than pro-crony policies, the Economic Survey 2019-20 presented by Chief Economic Advisor K Subramanian identifies three key characteristics of wilful defaulters based

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BoM, SBI only PSBs rated #39;good#39; in digital transactions in December: Govt data

Bank of Maharashtra and State Bank of India are the only two state-run banks that showed ‘good’ performance in terms of digital transactions in December with a score of

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Man earning Rs 7,000 gets tax notice for transactions worth Rs 134cr

The Income Tax Department has asked Ravi Gupta to explain transactions worth Rs 134 crore incurred in 2011-12, at a time when he earned Rs 7,000. The notice seeking

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RBI launches new prepaid payment instrument for digital transactions

The Reserve Bank on December 24 introduced a new semi-closed prepaid payment instrument (PPI) which can be used for transaction of goods and services up to a limit of

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