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 »
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. He was extra-ordinary,... 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 »
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 the regulatory powers... 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 order to India.... Read more »
The Special Economic Zones (Amendment) Bill 2019 – which was passed by the Parliament last week allowing “trusts or any entity” to set up units in the Special Economic Zone (SEZ) –... Read more »