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IndiaTV Business: Google News Feed: Digest for February 25, 2023

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Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
UP budget 2023: Uttar Pradesh's Finance Minister, Suresh Khanna, while presenting the state budget for 2023-24 made a major announcement of allocation of Rs 10,000 crore for the development of Noida's Film City. This investment is expected to provide job opportunities and boost the entertainment industry in the state.
As of February 22nd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Gold prices today: On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,913.00 per 10 grams, showing a slight decrease of 0.30%. On the other hand, silver futures opened at 65,331.00 per kilogram, with a slight decrease of 0.16%.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
Haryana Chief Minister Manohar Lal Khattar who also holds the finance minister portfolio, Thursday presented the state's Budget 2023 and said the government will implement the recommendations of the sixth pay commission for employees. Khattar proposed a budget of Rs 1,83,950 crore for the year 2023-24, an increase of 11.6% over the revised estimates of Rs 1,64,808 crore. In his presentation, Khattar stated that the government will provide over 65,000 jobs in various posts. Additionally, the government plans to open biogas plants in each district, construct a heli-hub in Gurgaon, and establish e-libraries in rural areas at a cost of Rs 370 crore.
The Uttar Pradesh Finance Minister, Suresh Kumar Khanna, has allocated ₹1,050 crore to Chief Minister Kanya Sumangala Yojana for the 2023-24 financial year in the state's budget for 2023. The scheme was launched on October 25, 2019, in Lucknow, and aims to provide financial assistance to families with a girl child/children. The scheme provides Rs. 15,000 to families with a girl child, which will be released in six installments upon completion of various milestones, such as vaccination, admission to class 1, 5, 9, and graduation. The scheme was launched along with Kanya Sumangala web portal. The launch of the scheme was conferred with symbolic cheques and certificates to some of the beneficiaries, and around 1.25 lakh registrations had already been initiated under the scheme.
Banks have recently raised interest rates on fixed deposits for both regular depositors and older citizens. The most recent interest rate changes were made by SBI, HDFC Bank, Punjab National Bank, Yes Bank, and Unity Bank. Banks provide term deposit plans called Senior Citizen Fixed Deposits (FDs) with preferential interest rates for people over 60. Apart from the higher interest rate, which can be up to 0.50% higher than that offered to the general public, these fixed deposit accounts for seniors have a number of other advantages.
Israeli Ambassador to India Naor Gilon on Wednesday said that ports are the core business of Adani Group and he sees that they are working very well. The envoy mentioned Adani Group is looking for more projects in Israel and he hopes that they succeed in it.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
UP budget 2023: Uttar Pradesh's Finance Minister, Suresh Khanna, while presenting the state budget for 2023-24 made a major announcement of allocation of Rs 10,000 crore for the development of Noida's Film City. This investment is expected to provide job opportunities and boost the entertainment industry in the state.
As of February 22nd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Gold prices today: On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,913.00 per 10 grams, showing a slight decrease of 0.30%. On the other hand, silver futures opened at 65,331.00 per kilogram, with a slight decrease of 0.16%.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
Haryana Chief Minister Manohar Lal Khattar who also holds the finance minister portfolio, Thursday presented the state's Budget 2023 and said the government will implement the recommendations of the sixth pay commission for employees. Khattar proposed a budget of Rs 1,83,950 crore for the year 2023-24, an increase of 11.6% over the revised estimates of Rs 1,64,808 crore. In his presentation, Khattar stated that the government will provide over 65,000 jobs in various posts. Additionally, the government plans to open biogas plants in each district, construct a heli-hub in Gurgaon, and establish e-libraries in rural areas at a cost of Rs 370 crore.
The Uttar Pradesh Finance Minister, Suresh Kumar Khanna, has allocated ₹1,050 crore to Chief Minister Kanya Sumangala Yojana for the 2023-24 financial year in the state's budget for 2023. The scheme was launched on October 25, 2019, in Lucknow, and aims to provide financial assistance to families with a girl child/children. The scheme provides Rs. 15,000 to families with a girl child, which will be released in six installments upon completion of various milestones, such as vaccination, admission to class 1, 5, 9, and graduation. The scheme was launched along with Kanya Sumangala web portal. The launch of the scheme was conferred with symbolic cheques and certificates to some of the beneficiaries, and around 1.25 lakh registrations had already been initiated under the scheme.
Banks have recently raised interest rates on fixed deposits for both regular depositors and older citizens. The most recent interest rate changes were made by SBI, HDFC Bank, Punjab National Bank, Yes Bank, and Unity Bank. Banks provide term deposit plans called Senior Citizen Fixed Deposits (FDs) with preferential interest rates for people over 60. Apart from the higher interest rate, which can be up to 0.50% higher than that offered to the general public, these fixed deposit accounts for seniors have a number of other advantages.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
As of February 22nd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Gold prices today: On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,913.00 per 10 grams, showing a slight decrease of 0.30%. On the other hand, silver futures opened at 65,331.00 per kilogram, with a slight decrease of 0.16%.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
Haryana Chief Minister Manohar Lal Khattar who also holds the finance minister portfolio, Thursday presented the state's Budget 2023 and said the government will implement the recommendations of the sixth pay commission for employees. Khattar proposed a budget of Rs 1,83,950 crore for the year 2023-24, an increase of 11.6% over the revised estimates of Rs 1,64,808 crore. In his presentation, Khattar stated that the government will provide over 65,000 jobs in various posts. Additionally, the government plans to open biogas plants in each district, construct a heli-hub in Gurgaon, and establish e-libraries in rural areas at a cost of Rs 370 crore.
Banks have recently raised interest rates on fixed deposits for both regular depositors and older citizens. The most recent interest rate changes were made by SBI, HDFC Bank, Punjab National Bank, Yes Bank, and Unity Bank. Banks provide term deposit plans called Senior Citizen Fixed Deposits (FDs) with preferential interest rates for people over 60. Apart from the higher interest rate, which can be up to 0.50% higher than that offered to the general public, these fixed deposit accounts for seniors have a number of other advantages.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.
Union Budget 2023: The Ministry of Finance on Wednesday announced that PM Modi will address 12 crucial post-budget webinars to take cognizance of 'Saptrishi' priorities. As per the announcement of the Finance Ministry, the webinars will be held between February 23, 2023, to March 11, 2023. In a recent official notice, the Ministry of Finance informed that the various significant webinars will be organised by various Ministries or Departments to build on the 'Saptrishi' priorities. During Union Budget Presentation, Finance Minister Nirmala Sitharaman outlined 'Saptrishi' priorities for the Financial Year 2023-24.
As of February 22nd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Gold prices today: On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,913.00 per 10 grams, showing a slight decrease of 0.30%. On the other hand, silver futures opened at 65,331.00 per kilogram, with a slight decrease of 0.16%.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
Haryana Chief Minister Manohar Lal Khattar who also holds the finance minister portfolio, Thursday presented the state's Budget 2023 and said the government will implement the recommendations of the sixth pay commission for employees. Khattar proposed a budget of Rs 1,83,950 crore for the year 2023-24, an increase of 11.6% over the revised estimates of Rs 1,64,808 crore. In his presentation, Khattar stated that the government will provide over 65,000 jobs in various posts. Additionally, the government plans to open biogas plants in each district, construct a heli-hub in Gurgaon, and establish e-libraries in rural areas at a cost of Rs 370 crore.
Banks have recently raised interest rates on fixed deposits for both regular depositors and older citizens. The most recent interest rate changes were made by SBI, HDFC Bank, Punjab National Bank, Yes Bank, and Unity Bank. Banks provide term deposit plans called Senior Citizen Fixed Deposits (FDs) with preferential interest rates for people over 60. Apart from the higher interest rate, which can be up to 0.50% higher than that offered to the general public, these fixed deposit accounts for seniors have a number of other advantages.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.
As of February 22nd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Gold prices today: On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,913.00 per 10 grams, showing a slight decrease of 0.30%. On the other hand, silver futures opened at 65,331.00 per kilogram, with a slight decrease of 0.16%.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
Haryana Chief Minister Manohar Lal Khattar who also holds the finance minister portfolio, Thursday presented the state's Budget 2023 and said the government will implement the recommendations of the sixth pay commission for employees. Khattar proposed a budget of Rs 1,83,950 crore for the year 2023-24, an increase of 11.6% over the revised estimates of Rs 1,64,808 crore. In his presentation, Khattar stated that the government will provide over 65,000 jobs in various posts. Additionally, the government plans to open biogas plants in each district, construct a heli-hub in Gurgaon, and establish e-libraries in rural areas at a cost of Rs 370 crore.
Banks have recently raised interest rates on fixed deposits for both regular depositors and older citizens. The most recent interest rate changes were made by SBI, HDFC Bank, Punjab National Bank, Yes Bank, and Unity Bank. Banks provide term deposit plans called Senior Citizen Fixed Deposits (FDs) with preferential interest rates for people over 60. Apart from the higher interest rate, which can be up to 0.50% higher than that offered to the general public, these fixed deposit accounts for seniors have a number of other advantages.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.

Adani Group investment worth $442 million approved by Sri Lanka

Friday 24 February 2023 11:40 AM UTC+00
Adani Group has been given the green light by Sri Lanka's investment promotion authority to establish two renewable energy facilities in the country's northern and eastern regions. The Mannar and Pooneryn wind power plants will have capacities of 250 MW and 100 MW, respectively, and require a combined investment of $442 million. The projects are expected to be operational by 2025 and are aimed at bolstering Sri Lanka's energy capacity. 

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.

Adani Group investment worth $442 million approved by Sri Lanka

Friday 24 February 2023 11:40 AM UTC+00
Adani Group has been given the green light by Sri Lanka's investment promotion authority to establish two renewable energy facilities in the country's northern and eastern regions. The Mannar and Pooneryn wind power plants will have capacities of 250 MW and 100 MW, respectively, and require a combined investment of $442 million. The projects are expected to be operational by 2025 and are aimed at bolstering Sri Lanka's energy capacity. 
Finance Minister of Gujarat, Kanubhai Desai, has announced a budget of ₹3.01 lakh crore for the 2023-24 fiscal year, which includes an allocation of ₹550 crore for the reconstruction and strengthening of old bridges. The decision to focus on the renovation of old bridges is significant due to the backlash faced by the BJP-led government over the collapse of the Morbi suspension bridge last year, leading to the death of 135 individuals. The bridge had been renovated by Oreva, a private company that failed to obtain a fitness certificate from the local municipality before opening it to the public.
The Finance Minister of Gujarat, Kanu Desai, presented the budget for the 2023-2024 fiscal year with an allocation of Rs 3.01 lakh crore on Friday. This budget, which is the third consecutive budget presented by Desai, has a focus on infrastructure development, EV ecosystem, tourism and more.  Under the Ujjwala Yojana, 39 lakh families will be provided with two cooking gas cylinders for free in a year, and Rs 500 crore has been allocated for the same. The CNG, VAT, and PNG taxes have been reduced from 15% to 5%. The state has also allocated Rs 1,500 crore for the development of five highways as high-speed corridors in the state.
Netflix Inc. has announced price cuts in various countries for some of its membership levels as the streaming giant tries to maintain subscriber growth in the face of strong competition and restrained consumer spending. The price reductions were implemented in a few Middle Eastern, sub-Saharan, Latin American, and Asian nations.
Infosys founder NR Narayana Murthy cautioned against moonlighting and encouraged young employees to prioritize the work-from-office culture during his speech at the Asia Economic Dialogue hosted by the Ministry of External Affairs in Delhi. Murthy advised youngsters to avoid being involved in moonlighting or working from home and to focus on ethics and hard work. He expressed concern that young people are falling into the trap of wanting to work from home or have flexible working hours.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.

Adani Group investment worth $442 million approved by Sri Lanka

Friday 24 February 2023 11:40 AM UTC+00
Adani Group has been given the green light by Sri Lanka's investment promotion authority to establish two renewable energy facilities in the country's northern and eastern regions. The Mannar and Pooneryn wind power plants will have capacities of 250 MW and 100 MW, respectively, and require a combined investment of $442 million. The projects are expected to be operational by 2025 and are aimed at bolstering Sri Lanka's energy capacity. 
Finance Minister of Gujarat, Kanubhai Desai, has announced a budget of ₹3.01 lakh crore for the 2023-24 fiscal year, which includes an allocation of ₹550 crore for the reconstruction and strengthening of old bridges. The decision to focus on the renovation of old bridges is significant due to the backlash faced by the BJP-led government over the collapse of the Morbi suspension bridge last year, leading to the death of 135 individuals. The bridge had been renovated by Oreva, a private company that failed to obtain a fitness certificate from the local municipality before opening it to the public.
The Finance Minister of Gujarat, Kanu Desai, presented the budget for the 2023-2024 fiscal year with an allocation of Rs 3.01 lakh crore on Friday. This budget, which is the third consecutive budget presented by Desai, has a focus on infrastructure development, EV ecosystem, tourism and more.  Under the Ujjwala Yojana, 39 lakh families will be provided with two cooking gas cylinders for free in a year, and Rs 500 crore has been allocated for the same. The CNG, VAT, and PNG taxes have been reduced from 15% to 5%. The state has also allocated Rs 1,500 crore for the development of five highways as high-speed corridors in the state.
Netflix Inc. has announced price cuts in various countries for some of its membership levels as the streaming giant tries to maintain subscriber growth in the face of strong competition and restrained consumer spending. The price reductions were implemented in a few Middle Eastern, sub-Saharan, Latin American, and Asian nations.
Infosys founder NR Narayana Murthy cautioned against moonlighting and encouraged young employees to prioritize the work-from-office culture during his speech at the Asia Economic Dialogue hosted by the Ministry of External Affairs in Delhi. Murthy advised youngsters to avoid being involved in moonlighting or working from home and to focus on ethics and hard work. He expressed concern that young people are falling into the trap of wanting to work from home or have flexible working hours.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.

Adani Group investment worth $442 million approved by Sri Lanka

Friday 24 February 2023 11:40 AM UTC+00
Adani Group has been given the green light by Sri Lanka's investment promotion authority to establish two renewable energy facilities in the country's northern and eastern regions. The Mannar and Pooneryn wind power plants will have capacities of 250 MW and 100 MW, respectively, and require a combined investment of $442 million. The projects are expected to be operational by 2025 and are aimed at bolstering Sri Lanka's energy capacity. 
Finance Minister of Gujarat, Kanubhai Desai, has announced a budget of ₹3.01 lakh crore for the 2023-24 fiscal year, which includes an allocation of ₹550 crore for the reconstruction and strengthening of old bridges. The decision to focus on the renovation of old bridges is significant due to the backlash faced by the BJP-led government over the collapse of the Morbi suspension bridge last year, leading to the death of 135 individuals. The bridge had been renovated by Oreva, a private company that failed to obtain a fitness certificate from the local municipality before opening it to the public.
The Finance Minister of Gujarat, Kanu Desai, presented the budget for the 2023-2024 fiscal year with an allocation of Rs 3.01 lakh crore on Friday. This budget, which is the third consecutive budget presented by Desai, has a focus on infrastructure development, EV ecosystem, tourism and more.  Under the Ujjwala Yojana, 39 lakh families will be provided with two cooking gas cylinders for free in a year, and Rs 500 crore has been allocated for the same. The CNG, VAT, and PNG taxes have been reduced from 15% to 5%. The state has also allocated Rs 1,500 crore for the development of five highways as high-speed corridors in the state.
Netflix Inc. has announced price cuts in various countries for some of its membership levels as the streaming giant tries to maintain subscriber growth in the face of strong competition and restrained consumer spending. The price reductions were implemented in a few Middle Eastern, sub-Saharan, Latin American, and Asian nations.
Infosys founder NR Narayana Murthy cautioned against moonlighting and encouraged young employees to prioritize the work-from-office culture during his speech at the Asia Economic Dialogue hosted by the Ministry of External Affairs in Delhi. Murthy advised youngsters to avoid being involved in moonlighting or working from home and to focus on ethics and hard work. He expressed concern that young people are falling into the trap of wanting to work from home or have flexible working hours.

Haryana Budget 2023: Old age pension scheme hiked by just Rs 250

Thursday 23 February 2023 11:54 AM UTC+00
Haryana Chief Minister Manohar Lal Khattar, in his budget presentation has suggested raising the old age pension, or social security pension, by just Rs 250 in a move to appease individuals over 60 and earning less than Rs 2 lakh annually. The old age people in the state would now receive Rs. 2,750 per month, up from Rs. 2,500 per month as of April 1, 2023. Nearly 29.71 lakh beneficiaries would receive a pension from the state government. 
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 55,720.00 per 10 grams, showing a rise of 0.24%. On the other hand, silver futures opened at 64,450.00 per kilogram, with a slight increase of 0.15%.

Bitcoin stands around $24,000

Friday 24 February 2023 05:31 AM UTC+00
As of February 23rd, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.31% and was trading at $24,7100.57. Meanwhile, Ethereum was trading at approximately $1,666.78.
US President Joe Biden Thursday nominated former Mastercard CEO Ajay Banga as the head of World Bank, days after Donald Trump appointed David Malpass resigned from the position. Banga was chosen by the US government because of his vast experience in addressing issues like climate change on a global scale.
G20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy.

Adani Group investment worth $442 million approved by Sri Lanka

Friday 24 February 2023 11:40 AM UTC+00
Adani Group has been given the green light by Sri Lanka's investment promotion authority to establish two renewable energy facilities in the country's northern and eastern regions. The Mannar and Pooneryn wind power plants will have capacities of 250 MW and 100 MW, respectively, and require a combined investment of $442 million. The projects are expected to be operational by 2025 and are aimed at bolstering Sri Lanka's energy capacity. 
Finance Minister of Gujarat, Kanubhai Desai, has announced a budget of ₹3.01 lakh crore for the 2023-24 fiscal year, which includes an allocation of ₹550 crore for the reconstruction and strengthening of old bridges. The decision to focus on the renovation of old bridges is significant due to the backlash faced by the BJP-led government over the collapse of the Morbi suspension bridge last year, leading to the death of 135 individuals. The bridge had been renovated by Oreva, a private company that failed to obtain a fitness certificate from the local municipality before opening it to the public.
The Finance Minister of Gujarat, Kanu Desai, presented the budget for the 2023-2024 fiscal year with an allocation of Rs 3.01 lakh crore on Friday. This budget, which is the third consecutive budget presented by Desai, has a focus on infrastructure development, EV ecosystem, tourism and more.  Under the Ujjwala Yojana, 39 lakh families will be provided with two cooking gas cylinders for free in a year, and Rs 500 crore has been allocated for the same. The CNG, VAT, and PNG taxes have been reduced from 15% to 5%. The state has also allocated Rs 1,500 crore for the development of five highways as high-speed corridors in the state.
Netflix Inc. has announced price cuts in various countries for some of its membership levels as the streaming giant tries to maintain subscriber growth in the face of strong competition and restrained consumer spending. The price reductions were implemented in a few Middle Eastern, sub-Saharan, Latin American, and Asian nations.
Infosys founder NR Narayana Murthy cautioned against moonlighting and encouraged young employees to prioritize the work-from-office culture during his speech at the Asia Economic Dialogue hosted by the Ministry of External Affairs in Delhi. Murthy advised youngsters to avoid being involved in moonlighting or working from home and to focus on ethics and hard work. He expressed concern that young people are falling into the trap of wanting to work from home or have flexible working hours.
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