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

Business

Surcharge rollback creates no differential regime between FPIs,...

FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.

28 Aug 2019 2:01 PM IST

Former Reserve Bank of India governor Bimal Jalan

Business

Jalan panel for review of economic capital framework in every 5 years

RBI's central board approved the transfer of record Rs 1.76 lakh cr dividend and surplus reserves to the govt.

28 Aug 2019 9:37 AM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Business

Don't overreach, overstate: FM to tax authorities

To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go...

28 Aug 2019 9:27 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Business

Windfall from RBI to give govt ammunition to fight slowdown, boost...

The finance ministry has so far not detailed the blueprint of using the surplus from the RBI.

27 Aug 2019 2:25 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Business

Indian economy set for weakest quarter of growth in five years: report

The RBI lowered its outlook for the fiscal year 2019-2020 at its August meeting.

27 Aug 2019 11:07 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Business

India's GDP to grow at 6 per cent in Apr-Jun: survey

The country's economy grew at 8.2 per cent in April-June 2018-19.

26 Aug 2019 3:46 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Business

Govt to soon consider relaxing FDI norms in single brand, digital...

FDI in India dipped 1 per cent to USD 44.36 billion in 2018-19.

26 Aug 2019 3:29 PM IST

Business

FM likely to announce more support measures for economy: DBS

The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.

26 Aug 2019 2:54 PM IST

Business

Govt plans extra tax on vegetable oil imports to boost domestic...

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

26 Aug 2019 11:19 AM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Business

Get ready to face macro headwinds

Here are some steps to fortify yourself before you experience ripple effect of slow economy.

26 Aug 2019 1:15 AM IST

$\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)$ Business

Stimulus package will boost growth and stabilise economy: CII

CII said the measures announced come at a time when the world economy is buffeted by global headwinds and trade...

25 Aug 2019 4:43 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Business

Announcements made by FM are major enablers to support growth: SBI...

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM IST