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According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

9 July 2019 3:31 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.

India probes alleged dumping of flat rolled steel products from 15...

India conducts anti-dumping probes on of applications filed by domestic industry with prima facie evidence of dumping of...

9 July 2019 2:46 PM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Housing sales in 8 major cities up 4 pc in Jan-Jun; supply rises by 21...

Supply of new homes rose by 21 per cent to 1.11 lakh units during January-June 2019 from 1.24 lakh units in the year-ago...

9 July 2019 1:04 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation likely rose in June, but below RBI target: report

The fiscal deficit target for this financial year was reduced to 3.3 per cent from 3.4 per cent.

9 July 2019 11:59 AM IST

Finance Ministry

Govt to soon issue clarification on applicability of surcharge on...

FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.

9 July 2019 8:30 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

8 July 2019 8:32 PM IST

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Agriculture Minister expresses concern over delay in sowing of kharif...

The Centre is in touch with the states to jointly tackle the situation if there is any drought like situation.

8 July 2019 5:40 PM 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.

Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs...

8 July 2019 3:50 PM IST

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)

Rs 70,000 cr capital infusion in PSBs credit positive, to boost...

The capital infusion will help some banks to come out of the central bank's prompt corrective action.

8 July 2019 11:03 AM IST

Onboard Housekeeping Services of the Central Railway.

Budget revealed govt's intention to 'aggressively' push privatisation:...

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.

7 July 2019 6:08 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

7 July 2019 6:00 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Budget's infra push to boost demand for steel: Industry

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

7 July 2019 4:51 PM IST