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... 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... 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.... 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... 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... 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... Read more »
As we eagerly cross our calendars for tomorrow, let us learn about India’s first budget. The first budget in India, (then British India) was presented by Scotsman James Wilson. ... 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... Read more »
The housing finance companies (HFC) will with most probability come under the regulatory jurisdiction of the Reserve Bank of India, reported Business Standard, citing sources. The sources, however, added that though... Read more »
In a huge relief to liquor baron Vijay Mallya, the Royal Court of Justice in London issued an order which allows the fugitive businessman to appeal against his extradition... Read more »