New Delhi: Indian companies have mopped up over Rs 5,000 crore via retail issuance of non-convertible debentures (NCDs) in the first seven months of the current fiscal, primarily to meet their working capital requirements.In comparison,
New Delhi: The Special Investigation Team (SIT) on blackmoney has found that less than half of the HSBC bank list of over 600 accounts did not have any money while more than hundred names were
New Delhi: India's natural gas deficit and its reliance on imports will continue as the just-announced gas pricing policy by the Narendra Modi govt with its low rates and lack of roadmap to free pricing
New Delhi: The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add $30 billion to the country's forex reserves, says a Bank of America Merrill Lynch report.According
New Delhi: Business leaders, including Mahindra Group chief Anand Mahindra and Chairman of Japan's Mitsubishi Corporation Yorihiko Kojima, today raised the bar of expectations from the Narendra Modi-led government on reforms to boost India's economic
Mumbai: Nobel laureate economist Finn Kydland has supported Reserve Bank Governor (RBI) Raghuram Rajan's strategy of fighting inflation through high interest rates and dismissed concerns of its impact on the growth."If inflation has been over
New Delhi: Government has decided to infuse Rs 2,375.42 crore to revive 23 District Central Cooperative Banks (DCCBs) in four states which were on the verge of closure.Of the total amount, state government would contribute
New Delhi: Finance minister Arun Jaitley on Wednesday expressed hope that the long-pending and controversial Insurance Amendment Bill, that seeks to raise FDI in the sector from existing 26 per cent to 49%, will get
New Delhi: Finance Minister Arun Jaitley today said companies are expected to pump in as much as Rs 14,000 crore for Corporate Social Responsibility (CSR) activities in 2014-15 and the amount will be increasing in
New Delhi: Committing to more reforms and eliminating corruption, Finance Minister Arun Jaitley has said steps taken by the new government were aimed at creating fair and transparent business environment and ending crony capitalism.The government
New Delhi: The NDA government is open to privatisation of certain loss-making public sector companies, Finance Minister Arun Jaitley said on Wednesday."Certainly I would be interested to look at some PSUs (which) could do much
New Delhi: Mahindra Group Chairman and Managing Director Anand Mahindra on Wednesday said the RBI should consider cutting interest rates to boost growth.“India has now got to make the most of this opportunity. This is
Mumbai: Notwithstanding moderation in inflation, the Reserve Bank is likely to keep status quo on the policy rates this fiscal to check price rise expectations, says a report."We expect the central bank to stick to
New Delhi: Prime Minister Narendra Modi will today meet chief executives of public sector banks (PSBs).Modi will be taking stock of the banks' operational and financial performance an exercise usually undertaken by the Finance Minister.
New Delhi: Following the recent multiple reductions in petrol rates and deregulation of diesel prices last month, fuel consumers can look forward to more price cuts as Brent crude oil on Tuesday fell to its
New Delhi: Policy makers, including finance minister Arun Jaitley, and industry leaders will deliberate on issues of growth and competitiveness at the World Economic Forum's (WEF) India summit that begins on Tuesday.Under the theme Redefining
New Delhi: Policy makers, including Finance Minister Arun Jaitley, and industry leaders will deliberate on issues of growth and competitiveness at the World Economic Forum's (WEF) India summit that begins Tuesday.More than 700 leaders from
New Delhi: The Royal Bank of Scotland on Monday said the economic indicators like softening of inflation suggests that key interest rates could be slashed sooner than later by the Reserve Bank of India.Reserve Bank
New Delhi: The total value of assets held by India's financial institutions touched nearly $2.8 trillion, the third largest among BRICS nations, in 2013, says a report.Way ahead, neighbouring China's financial institutions held assets to
New Delhi: The Finance Ministry will start the budgetary exercise from today with the Expenditure Secretary meeting various ministries starting with Law and Justice and Information & Broadcasting.The ministry will finalise the revised estimates for
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