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Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)

Govt to review surcharge on super-rich in 2022: Sitharaman

Govt increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore.

24 Aug 2019 12:26 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM IST

Zomato is encouraging its customers to change their account password, if used for any other services, to avoid risks.

Food feud: NRAI slams Zomato for logging out of talks

Zomato has decided to cut all ties by saying that it is logging out of the restaurants' #logout campaign.

24 Aug 2019 11:18 AM IST

Representational image of an Indigo aircraft.

IndiGo board has approved new policy on related-party transactions:...

Gangwal said the board has now approved a new related-party transaction policy and to also close an open issue.

24 Aug 2019 11:11 AM IST

Pension Fund Regulatory and Development Authority (PFRDA), in October 2013, had allowed acceptance of e-KYC as a valid process for Know Your Customer verification in addition to the other permitted ID and address proof.

Govt to allow Aadhaar-based KYC for retail investors

The government said the Depository Receipt Scheme 2014 is expected to be operationalised soon by Sebi.

24 Aug 2019 11:04 AM IST

Likee mobile app completes its two-year journey in India market.

Likee creates Guinness World Record for its Independence Day campaign

, Indians created more than 2.5 lakh videos which garnered more than 225.3 million views.

24 Aug 2019 10:31 AM IST

Sitharaman passed the onus of the slowing economy on US-China trade war and currency devaluation. (Photo: ANI)

India rolls back tax hike on investors; outlines steps to boost...

Sitharaman said she was confident of meeting the fiscal deficit target of 3.3 pc of GDP considering the trend in revenue...

24 Aug 2019 9:55 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Plea to raise limit of creeping acquisition to 10 per cent

The shares of Mid-Cap and Small-Cap companies have seen huge price erosion in recent times.

24 Aug 2019 1:47 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Nifty may witness resistance at 10950

The Sensex closed 228.23 points, or 0.63 per cent, higher at 36701.16, while NSE Nifty gained 88 points or 0.82 per cent...

24 Aug 2019 1:47 AM IST

It also has the option to acquire another 47.02 per cent stake in Future Retail in the future.

Omni-channel trade set to take off with Future deal

Amazon to get access to 1,600 stores under Future brands.

24 Aug 2019 1:47 AM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

Faster GST refunds to boost MSME liquidity

As the Finance Ministry has been receiving several grievances related to GST, the minister tried to assuage some of the...

24 Aug 2019 1:43 AM IST