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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet...

As per the Basel III regulations, Central Bank said, it will be required to maintain minimum common equity tier I ratio...

9 Jun 2019 1:53 PM IST

PM Modi has set an ambitious target of nearly tripling the countrys total renewable energy capacity to 175 gigawatt (GW) by 2022, spurring global firms including Japans SoftBank and Goldman Sachs to invest in solar projects in India. (Photo: PTI | Representational)

Power minister positive on achieving 175 GW renewable energy target

The overall renewable energy established capacity has reached 80,000 MW level. 24,000 MW is under installation.

9 Jun 2019 12:15 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Pre-Budget consultations; Sitharaman to meet economists, industry...

The state finance ministers are also expected to give their suggestions for Budget 2019-20.

9 Jun 2019 11:59 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST Council to meet soon, may fix Rs 50 cr turnover threshold for...

The turnover threshold for entities to generate e-invoice for B2B sales is likely to be fixed at Rs 50 crore if the GST...

9 Jun 2019 11:39 AM IST

Union transport and surface minister and BJP senior leader Nitin Gadkari

India's infra push: lucrative plans for private players: Nitin Gadkari

The investor makes a lumpsum payment in return for long-term toll collection rights backed by a sound tolling system.

9 Jun 2019 11:33 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Assocham for raising tax exemption limit to Rs 5 lakh in Budget

The government is scheduled to present its first full Budget on July 5, for the current financial year.

9 Jun 2019 11:19 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs pour in Rs 7,095 crore in first week of June

FPIs invested a net sum of Rs 1,915.01 crore in equities and Rs 5,180.43 crore in the debt segment during Jun 3-7.

9 Jun 2019 10:35 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Six of top-10 firms lose Rs 34,590 crore in m-cap

SBI's m-cap dropped Rs 9,727.83 crore to Rs 3,04,909.35 crore and that of RIL tumbled Rs 9,159.92 crore to Rs...

9 Jun 2019 10:31 AM IST

Governor Shaktikanta Das

RBI to focus on governance reforms in banks, non-banking sector in...

Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of...

9 Jun 2019 8:28 AM IST

G20 leaders had agreed last December to review the WTO reform in Osaka later this month.

G20 finance chiefs to warn of trade risks, differ on how 'pressing'

Global growth appears to be stabilizing and is projected to pick up moderately later this year and into 2020, said G20...

8 Jun 2019 6:04 PM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Nippon Life makes open offer to acquire 23 pc stake in RNAM for Rs...

Reliance Capital has already signed the binding definitive agreements with Nippon Life Insurance of Japan.

8 Jun 2019 5:00 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Sitharaman highlights India's efforts to counter tax avoidance,...

The meeting of the finance ministers would deliberate on issues protectionism and its implication on global growth,...

8 Jun 2019 3:22 PM IST