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India receives $35 billion FDI in first five months of the fiscal

FDI is largely made by multinational companies, large institutions and private equity and venture capital firms

21 Oct 2020 12:35 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Centre to borrow Rs 1.1 lakh cr GST compensation for states

The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST Compensation Cess releases

16 Oct 2020 5:51 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while...

10 Oct 2020 5:43 PM IST

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photo

RBI keeps key rates unchanged; signals more easing to protect India's...

The six-member Monetary Policy Committee voted unanimously to retain the benchmark repo rate at 4 per cent

9 Oct 2020 2:09 PM IST

Two septuagenarian sisters from Tirupur did petty jobs and hoarded money for 10 years, but are bewildered now that their savings, totalling Rs 46,000, are of little use as the government had demonetised Rs 1,000 and Rs 500 currency notes three years ago. (Photo: Representational Image/ File)

Centre's interest waiver policy is manageable, say analysts

State Bank of India's new chairman Dinesh Khara in his first press interaction refused to comment on the issue as the...

8 Oct 2020 5:24 PM IST

Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

Lockdown impact: GDP likely to contract by 9.6 per cent this year,...

However, the World Bank said that the response of the government of India to the COVID-19 outbreak was swift and...

8 Oct 2020 3:02 PM IST

Domestic Airlines decline refund to customers for cancelled tickets. (PTI Photo)

India's domestic air passenger traffic improves in September

The Civil Aviation ministry had permitted domestic flights to resume their operations from May 25 with one-third...

6 Oct 2020 1:22 PM IST

Rupee coin. (DECCAN CHRONICLE PHOTO)

Centre allows Andhra Pradesh and Uttar Pradesh to borrow Rs 7,106...

Centre had allowed states an additional borrowing limit of up to two per cent of Gross State Domestic Product for...

3 Oct 2020 7:31 PM IST

The federal utility plans on investing $8 billion in renewable energy over the next 20 years. (Photo: Pixabay)

India third largest job provider in renewable energy sector after...

Solar photovoltaic segment provides the largest number of both direct and indirect jobs in India

3 Oct 2020 7:13 PM IST

Supreme Court of India (ANI photo)

Relief for MSMEs: Centre waives off compound interest on loans during...

Any individual/entity whose loan amount is more than Rs 2 crore will not be eligible for waiver of the compounding of...

3 Oct 2020 2:52 PM IST

Indias engineering exports dipped 8 per cent in August, 2020.

Engineering exports once gain down in August after growth in July

Subdued industrial activity is still pulling down shipment of value-added products

28 Sept 2020 7:54 PM IST

Indias new FDI norms violate WTOs principle of free trade says Chinese Embassy. (PTI FIle Photo)

Chinese FDI has been coming down in 3 years

The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.

16 Sept 2020 8:46 PM IST