Mumbai : Ahead of the Union Budget 2018-19 presentation by Finance Minister Arun Jaitley in Parliament, the key Indian equity indices on Thursday traded with appreciable gains. According to market observers, expectation of sops from the Union Budget, along with...
By Pervez Bari, Maeeshat.in, New Delhi : With a score of 48, India ranks slightly above the global average for budget transparency. While the global average score for budget transparency is 43 on a scale of 0-100. The Survey highlights that the global average score of...
Rome : The UN International Fund for Agricultural Development (IFAD) and the Indian government signed a $168 million pact to sustainably raise incomes and food security for tribal farming households in northeast India, IFAD reported. The six-year project will help...
Kolkata : Nobel laureate and micro-finance founder Muhammad Yunus on Tuesday said the existing financial and banking systems in the world have fundamental flaws as they direct people to work only for their own benefit, not caring about society. "I think the existing...
New Delhi : Gross non-performing assets (NPA) in Indian banks are expected to rise to Rs 9.5 lakh crore by March, from Rs 8 lakh crore in March last year, said a ASSOCHAM-Crisil joint study. Stressed assets in March 2018 are expected to be at Rs 11.5 lakh crore, the...
By Arun Kumar Das, New Delhi : A government cannot run industry and regulation on businesses should be kept to a minimum to attract more foreign direct investment (FDI) and spur domestic financing, according to a minister. Commerce and Industry Minister Suresh Prabhu...
New Delhi : Oil and gas explorer ONGC on Sunday said that "all options" including internal accruals and short-term borrowing are available to fund its acquisition of HPCL. "We have various options available with us to fund this deal," Shashi Shanker, Chairman and...
Chandigarh : Appealing to the state's angry debt-ridden farming community, Punjab Chief Minister Amarinder Singh on Saturday urged them to shun the path of agitation and said his government could not afford to waive off any more of their debts at the present juncture....
New Delhi : The government on Wednesday said it has cut the size of additional borrowing to Rs 20,000 crore of government securities during the current fiscal. On December 27, the government had stated that it would raise additional market borrowing of Rs 50,000 crore...
New Delhi : Lower food prices pulled India's annual rate of inflation based on wholesale prices to a three-month low of 3.58 per cent in December, official data showed on Monday. As per data furnished by the Ministry of Commerce and Industry, the Wholesale Price Index...