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Finally, this resulted in the mad rush among the people for cover and they came forward in big numbers to buy expiring LIC products.

Budget 2020: LIC to get listed on stock exchange

After two capital infusions, the government owns a substantial part of IDBI Bank (46.5 per cent stake) which will be...

2 Feb 2020 2:49 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 2:48 PM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Budget 2020 provides big income tax relief for individuals

The digital revolution will play a big role in delivering services to the people in India in the coming days, says FM.

1 Feb 2020 10:39 AM IST

Finance Minister Nirmala Sitharaman before announcing the Budget 2019.

FM Sitharaman arrives in Parliament to present first Budget of new...

The Union Budget 2020 will be presented in a short while from now.

1 Feb 2020 10:26 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex slumps over 200 pts ahead of Budget

According to analysts, investors are cautious ahead of the Union Budget

1 Feb 2020 10:17 AM IST

The United States has expressed concern over restrictions on journalists in Pakistan after the countrys authorities denied entry to the head of Committee to Protect Journalists (CPJ) Steven Butler. (Photo: File)

US economy growing moderately in 4th qtr; likely missed Trump's 3 pc...

The Trump administration's 18-month-long trade war with China last year fueled fears of a recession.

30 Jan 2020 2:06 PM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

BJP recommends tax tweaks to attract foreign investors

India charges 15 per cent short-term capital gains tax if equity shares are sold within a year and at 10 per cent if...

30 Jan 2020 11:00 AM IST

Federal Reserve Chairman Jerome Powell. (Photo: AP)

Fed likely to keep interest rates on hold, focus on balance sheet

Fed is expected to soon decide how much longer it will continue its current practice of buying USD 60 billion a month in...

29 Jan 2020 1:05 PM IST

Despite cuts in corporate taxes and monetary easing by the central bank, investments have failed to pick up.

India's budget likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter.

29 Jan 2020 10:11 AM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Govt likely to fund some USD 28 bn of expenditure via off-budget...

India's committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal...

24 Jan 2020 10:50 AM IST

Indias forex reserves have shot up considerably.

Forex reserves rise by USD 58 mn to record high of USD 461.21 bn

FCA decreased by USD 367 million to USD 427.582 billion, the RBI data released on Friday showed.

18 Jan 2020 11:08 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM IST