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Monthly Archives: April 2024

April, 2024 - - Part 56_3.1

Veteran Dealmaker Atul Mehra Joins Axis Capital as MD & CEO

Axis Capital has appointed Atul Mehra as the new Managing Director (MD) and Chief Executive Officer (CEO). His appointment is waiting for final approval. Mehra will be overseeing both the investment banking and institutional equities businesses at Axis Capital. Atul Mehra is an experienced dealmaker with over 30 years of experience in the industry. He …

India and Ghana Strengthen Financial Integration for Enhanced Trade

UPI Ends FY24 with Record Transactions Worth ₹199 Lakh Crore

Unified Payments Interface (UPI) concluded FY24 on a remarkable note, achieving new milestones in transaction volume and value during March 2024. Despite a slight dip in February 2024 due to fewer days in the month and increased investment activity ahead of the financial year end, transactions worth ₹19.78 lakh crore were processed in March 2024, …

MGNREGS Wage Rates Revised: Hikes Range Between 4-10%

MGNREGS Wage Rates Revised: Hikes Range Between 4-10%

The Union rural development ministry announced the revision of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme on March 27, following clearance from the Election Commission amidst the ongoing Lok Sabha polls and the Model Code of Conduct (MCC) in force. Key Points 1. Varied Hikes Across States Haryana boasts the highest wage …

GST Council Forms GoM to Review Tax Rate on Health, Life Insurance

March 2024 GST Collection Surges

In March 2024, the Goods and Service Tax (GST) collection in India witnessed a notable surge, marking the second-highest since its inception in July 2017. The month’s collection amounted to Rs 1.78 lakh crore, reflecting an 11.5% increase compared to the previous year. Key Highlights    March 2024 Collection GST collection for March 2024 reached …

Vineet Jain Honoured with ENBA Lifetime Achievement Award 2023

Vineet Jain Honoured with ENBA Lifetime Achievement Award 2023

Vineet Jain, the managing director of the Times Group, received the prestigious Exchange4Media News Broadcasting Awards (ENBA) Lifetime Achievement Award 2023 for his significant contributions to Indian television news. While accepting the award at a ceremony on Saturday, Jain attributed the achievement to the collective efforts of teams at the Times Group. He also acknowledged …

Difference Between State Government and Central Government

Difference Between State Government and Central Government

In any democratic nation, governance is primarily divided into two levels: the central government and the state governments. These two entities play distinct yet interconnected roles in the administration and development of a country. Understanding the differences between the state government and the central government is crucial for comprehending the functioning of a nation’s political …