Union Budget 2022 | FM Nirmala Sitharaman proposes to issue sovereign green bonds to mobilise resources
The Hindu
Finance Minister Nirmala Sitharaman said that outlay for capital expenditure has been stepped up by 35.4% to ₹7.5 lakh crore in FY'23.
Finance Minister Nirmala Sitharaman on February 1 proposed to issue sovereign green bonds to mobilise resources as part of the Government's borrowing programme.
She said that outlay for capital expenditure has been stepped up by 35.4% to ₹7.5 lakh crore in FY'23.
Effective capital expenditure will be ₹10.68 lakh crore, or 4.1% of GDP, in 2022-23, the Finance Minister said, adding public investment must take the lead to pump prime private investment and support demand.
Central Silk Board has an ambitious target of doubling the country’s silk value chain, currently pegged at ₹55,000 crore, by 2030, said P. Sivakumar, Member Secretary, Central Silk Board, a body that works under the Ministry of Textiles and is responsible for the overall development of the country’s sericulture.
The I&B Ministry's Live Events Development Cell aims to boost India's concert economy, enhancing employment and tourism growth.
Tesla's sales fell in 2025, the company reported Friday, ceding its position as the world's biggest electric vehicle maker for the year to Chinese auto giant BYD.
Coal buyers from Bangladesh, Bhutan, and Nepal can now directly participate in CIL's online auctions, enhancing transparency and efficiency.
Tesla's 2025 sales decline as BYD overtakes it as the world's largest electric vehicle manufacturer.
India's forex reserves rise by $3.293 billion to $696.61 billion, driven by gains in foreign currency assets and gold.
Government launches two credit-linked schemes under Export Promotion Mission, with ₹5,181 crore outlay to support exporters until 2030-31.
Adani Total Gas reduces CNG and domestic gas prices following PNGRB tariff reforms, benefiting consumers and promoting cleaner energy.
Nifty reaches record high as Sensex surges 573 points, driven by gains in power and banking sectors.
Indian rupee breaches 90 against the U.S. dollar, settling at 90.20 amid foreign outflows and macroeconomic concerns.
Maruti Suzuki achieves record production of over 22.55 lakh vehicles in 2025, spanning domestic sales, exports, and OEM supplies.
London's FTSE 100 index surpasses 10,000 points for the first time, marking a historic milestone in stock market performance.
FAIFA warns that increased tobacco duties will harm farmers and fuel smuggling, contradicting government tax reform promises.