The government could allow private players to invest in stadiums and Indian Railways’ heritage routes, a report by Business Standard said. The move would thus help the government itch closer to the... Read more »
Oil prices dropped on July 9 on taking cues from the latest signs the US-China trade war is dragging on the global economy, although the potential for conflicts in the Middle East... Read more »
The government is looking to raise up to Rs 150 billion ($2.18 billion) by reducing its stake in 18 state firms to 75 percent, a finance ministry official involved in the matter... Read more »
Finance Minister Nirmala Sitharaman in her Budget speech on July 5 rang it good news for India’s beleaguered state-owned banks, setting aside Rs 70,000 crore that the government will inject as additional... Read more »
Finance Minister Nirmala Sitharaman has suggested a 100 percent foreign direct investment (FDI) in the insurance intermediaries in the Union Budget 2019. The FDI limit is kept at 49 percent currently. Sitharaman also said... Read more »
Finance Minister Nirmala Sitharaman presents her maiden Budget in Parliament today. Here are the key takeaways from the Budget speech. For economy – Targets to become a $3 trillion economy in FY20,... Read more »
A mini-stimulus to take the economy out of five-year low alongside giving some tax relief to thousands of Indians. The Finance Minister Nirmala Sitharaman performs a tightrope walk balancing the needs of... Read more »
The government is working on launching a portal for marketing of goods made by MSMEs and khadi industry similar to the likes of Chinese e-commerce portal Alibaba and USA’s Amazon, MSME Minister... Read more »
India’s trade deficit, difference between imports and exports, has broadened during the past three years with as many as 25 major countries including South Korea, Japan, Germany, Iraq and Saudi Arabia, Parliament... Read more »
Blackstone Group LP has purchased an office building at Larsen and Toubro Ltd’s (L&T) Business Park in Mumbai for Rs 650-700 crore, said three people familiar with the transaction, on request of... Read more »