23% urban youth remain unemployment in Q3 of fiscal year 19

Unemployment has rose to a four-decade high of 6.1 per cent in the country, latest figures released by the Ministry of Statistics and Program Implementation (MoSPI) have revealed. But... Read more »

MSME sector looks for cheaper finance, incentives in budget

As per the GST refunds, unfavourable forex and end of trade privilege to Indian firms, the micro, small and medium enterprises (MSME) sector wants the government give incentives to... Read more »

RBI to cut interest rate by 25 bps Thursday; to work on economic slowdown

The Reserve Bank will slash rates for the third time in a row, based on the economic growth which dropped to a five-year low in the final quarter of... Read more »

Nirmala Sitharaman to deliver union budget for FY20 on July 5

The newly appointed union finance minister Nirmala Sitharaman will present the full-year budget for 2019-20 on July 5 in the Lok Sabha. This will be the first budget of... Read more »

RBI to opt for a legal view on Kotak Mahindra Bank’s promoter holding issue

The Reserve Bank of India (RBI) will seek a legal opinion in the Kotak Mahindra Bank’s promoter holding issue. The Bombay High Court last month adjourned its hearing of... Read more »

FPIs divest Rs 4,375 crore in May so far

Foreign investors have removed a net amount of Rs 4,375 crore from the Indian capital markets in May so far, driven by global and domestic factors. Before this, overseas... Read more »

India Inc hopes government ensures economic growth and fund flow

A decisive mandate for the National Democratic Alliance (NDA) on Thursday has expected a higher pace of economic reforms. This is a day after the United Nations (UN) lowered its FY20 gross domestic... Read more »

Modi speaks of a better India, aims to eradicate poverty and combat fake secularism

In his first speech after winning another term for the BJP with an increased and historic mandate, Prime Minister Narendra Modi drew parallels from the 2019 Lok Sabha elections... Read more »

Modi set to become PM yet again, NDA first back-to-back majority since 1984

Prime Minister Narendra Modi’s governing coalition, the National Democratic Alliance (NDA), is all set to achieve a majority in the lower house of India’s parliament. The NDA, led by... Read more »

Securities Appellate Tribunal allows stay on NSE fine in unfair access case

India’s National Stock Exchange (NSE) has received a partial stay on a $90 million regulatory fine for allegedly giving unfair access to its network servers, as an appellate tribunal... Read more »