Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies to track the flow of money to states and their use. According to a statement from the finance ministry, the SNA dashboard was created to provide stakeholders of the SNA model with the essential feedback
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Oil prices jumped more than $2 in early trading on Monday as Saudi Arabia boosted pricing for its oil sales in July, indicating how tight supply remains despite OPEC+ agreeing to increase output over the next two months. Brent oil futures were up $1.80, or 1.5 percent, at $121.52 a barrel at 2319 GMT, having
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At next week’s scheduled monetary policy review, the Reserve Bank is projected to boost rates by 0.40 percent, according to a foreign brokerage. According to the report by Bofa Securities, the central bank’s rate-setting panel will follow it up with a 0.35 percent hike in rates at the next review in August or split it
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As India prepares to host a conference of the 10-nation grouping’s foreign ministers next month, diplomatic sources said that the ASEAN’s attitude on engaging Myanmar at multilateral forums has been that it should be at a non-political level. According to the sources, India is unlikely to invite Myanmar’s foreign minister to the conference but might
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On Friday, oil prices were hovering around a two-month high, with Brent crude on track for its greatest weekly gain in 1-1/2 months, boosted by the potential of an EU ban on Russian oil and the start of the summer driving season in the US. Brent crude futures for July fell 9 cents to $117.31
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Prime Minister Narendra Modi convened a ‘Pragati’ meeting on Wednesday, where he assessed eight projects totaling over Rs 59,900 crore and involving 14 states. Prime Minister Modi presided over the 40th edition of PRAGATI, an ICT-based multi-modal platform for Pro-Active Governance and Timely Implementation that brings together the federal government and state governments. The Prime
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