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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.Business
Public holding base hike fuels panic selling

Shares of companies where promoters' shareholding is more than 65 per cent fell sharply.

6 July 2019 2:06 AM IST

People watch finance minister Nirmala Sitharaman tabling the Union Budget 2019-20 on TV sets at a showroom in Patna on Friday. (Photo: PTI)Business
Union Budget 2019: Steps to pull back NBFCs from trouble

RBI gives Rs 1.34L cr liquidity boost to banks to improve flow of credit.

6 July 2019 2:02 AM IST

Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.Business
Budget 2019: Little done to address economic slowdown, says FICCI...

FICCI felt there was little done to address the economic slowdown while health and education did not get the required...

5 July 2019 8:01 PM IST

Indias forex reserves have shot up considerably.Business
Forex reserves hit new high of USD 427.67 billion

In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.

5 July 2019 7:45 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
Budget 2019: KYC norms relaxation, other proposals for FPIs to boost...

Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.

5 July 2019 7:32 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.Business
Budget 2019: Tax deduction on home loan interest to boost housing...

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled...

5 July 2019 7:17 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.Business
Budget 2019: Markets snap winning run as public float proposal spooks...

Sitharaman said it was the right time to consider increasing minimum public shareholding from 25 pc to 35 pc.

5 July 2019 6:16 PM IST

The Cabinet Committee on Economic Affairs on Thursday gave its approval for continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond the 12th five-year plan period.Business
Budget 2019 stresses on massive infra investments to grow into USD 5...

Infrastructure financing needs have been estimated at around Rs 20 lakh crore a year, said Nirmala Sitharaman.

5 July 2019 5:48 PM IST

The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.Business
Budget 2019: Govt hikes customs duty on stainless steel items, alloy...

The current customs duty on stainless steel products is 5 per cent.

5 July 2019 5:32 PM IST

Petrol pump employees at a fuel station during a strike called by Delhi Petrol Dealers Association for reduction in VAT in New Delhi. (Photo: Bunny smith)Business
Budget 2019: Petrol price to rise by Rs 2.5, diesel by Rs 2.3 after FM...

A litre of petrol costs Rs 70.51 in Delhi and Rs 76.15 in Mumbai.

5 July 2019 5:08 PM IST

The govt has given nod to recover Rs 22,000 crore arrears from agriculture pump owners.Business
Budget 2019: Govt raises budget allocation to agri ministry by 78 pc...

PM-KISAN aims to give Rs 6,000 annually in three equal installments to 12.6 crore small and marginal farmers.

5 July 2019 4:58 PM IST

The NPS is a voluntary, defined contribution retirement savings scheme for government employees as well as for those working in the private sector.Business
Budget 2019: Govt proposes to separate NPS Trust from PFRDA

The proposal to separate the two job roles was under consideration for last few years.

5 July 2019 4:49 PM IST

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