The Reserve Bank of India (RBI) Governor, Raghuram Rajan, today said that central bank and government are in talks to inject more capital into public sector banks (PSBs).
With an eye on improving farm productivity, the government will spend Rs 50,000 crore over the next five years under the Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
The Tamil Nadu government has said it will sign a power purchase agreement (PPA) to buy 2,000 mega watt (MW) of solar power by the end of this year.
Railway minister Suresh Prabhakar Prabhu may be busy projecting mammoth-scale investments that Indian Railways would attract over years but on ground the national transporter seems to be floundering on project activity like never before.
Finance Minister Arun Jaitley today brushed aside concerns of Parliament's upcoming monsoon session being disrupted over the Lalit Modi controversy, saying some people may be relevant to TV channels but not to governance.
One day after Greece became the first developed economy to default on a loan with the International Monetary Fund, the head of the international lender on Wednesday suggested Greece should move to reform its economy before its European creditors give it a
For years Indian businesses have lobbied for a nationwide sales tax, hoping to replace a chaotic structure that inflates costs and halts their trucks at state borders for duty payments, and to unify the country into one of the world's largest single
Greek Prime Minister Alexis Tsipras on Wednesday called on voters to reject austerity measures in Sunday's referendum, hardening a standoff with creditors. This was hours after he made a fresh bid for aid as the nation sank deeper into financial misery.
The Narendra Modi government, on Wednesday, notified the compliance window under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The compliance window is in force till September 30, and will allow those with
Importers of certain categories of processed metallic scraps will have to submit self-declaration-cum-legal undertaking that their consignments have been inspected before shipment and do not contain any explosive or radioactive material.
Industry captains came out in huge numbers on Wednesday to sign up for the government's ambitious 'Digital India' project.
The International Monetary Fund said today that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.
Growth in the country’s manufacturing activities slowed down in June compared to May as new business orders were not as forthcoming, showed a widely tracked Purchasing Managers’ Index (PMI).
The Union Cabinet has cleared the ambitious Pradhan Mantri Krishi Sinchaee Yojana (PMKSY), which, with an outlay of Rs 50,000 crore spread over a period of five years starting from 2015-16, aims to provide irrigation to every village by converging the
The World Bank on Wednesday said it has approved a $650 million debt funding for a part of the eastern arm of the ambitious Dedicated Freight Corridor (DFC) project.
Flagging the threat to cyber security globally, Prime Minister Narendra Modi on Wednesday said India can play a lead role in dealing with this "bloodless war" as he launched a digital initiative to which the corporate world pledged more than Rs
The finance ministry, on Wednesday, said it would put in the public domain its road map to eliminate all tax exemptions and incentives for corporates in the next 45 days, as a precursor to lowering corporate tax rate to 25 per cent over a four-year period
Greece's capital controls are beginning to bite - in tiny little nips.
Prices of farm commodities would decline gradually over the next 10 years as production would exceed demand, according to a report by the Organisation for Economic Co-operation and Development (OECD) and United Nation's Food and Agriculture Organization