Saturday, May 18, 2024 | Last Update : 10:48 PM IST

Madhusudan Sahoo Page-3

M.R. Kumar, chairman, LIC of India and chairman, National Insurance Academy (NIA) governing board. (Photo: PTI)

LIC chief calls for joint efforts to address protection gaps

For an emerging economy, protection gaps may pose multiple problems, according to LIC

18 Oct 2021 8:22 AM

In 2020, the government had infused Rs 12,000 crore in some companies which are holding about 40 per cent market share in the general insurance space. Representational Image. (PTI)

Insurers pruning branch networks

The government's focus has now shifted more towards consolidation and profitability than expansion, and hence, the restructuring exercise

11 Oct 2021 2:42 AM

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help them to clear their balance sheets. — PTI

Bad bank to get Centre’s boost

Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank

17 Sep 2021 7:58 AM

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

Government gives Rs.30,600 crore guarantee to set up 'Bad Bank'

A ‘bad bank’ is a bank that buys the bad loans of other lenders and financial institutions to help clear their balance sheet

17 Sep 2021 7:01 AM

There has been a clamour from economist as well as political bosses to bring essential fuels under the GST regime to drastically bring down their prices. (Photo: PTI/File)

Petrol under GST: Council unlikely to bite the bullet

The council will be debating the most sought-after proposal at a time when fuel prices are at their highest levels

16 Sep 2021 7:28 AM

Union Ministers Ashwini Vaishnaw and Anurag Thakur during a press briefing on the Cabinet decisions, at National Media Centre in New Delhi, Wednesday, Sept. 15, 2021. (PTI/Shahbaz Khan)

Union Cabinet approves fresh lifeline for telecom sector

The package comes six weeks after Kumar Mangalam Birla resigned from the post of chairman of Vodafone Idea Ltd on August 4

16 Sep 2021 6:31 AM

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

Sign of recovery? GDP sees rise of 20 per cent in April-June

Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery

01 Sep 2021 6:53 AM

Up to Rs 5,000 crore of financial assistance is already budgeted as 50-year interest-free loan for the states for the current year, she said. — PTI

Monetisation plan unveiled

The finance minister further said the Centre will also incentivise states to monetise their public assets

24 Aug 2021 9:15 AM

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman addresses during the launch of National Monetisation Pipeline, in New Delhi, Monday, Aug. 23, 2021. (PTI/Manvender Vashist)

FM lists Rs.6-lakh crore government assets to be sold in four years

Roads, rail and power projects top list, states allowed to sell PSUs

24 Aug 2021 8:13 AM

Now, the major lenders — in the public sector and the private sector — are busy in getting internal approvals for raising dollar bonds to infuse liquidity. — PTI

Banks queue up to raise billions

HDFC on Thursday raised $1 billion by issuance of AT-1 bonds, priced at 3.70%, which is 42.5 basis points lower than initial price guidance

21 Aug 2021 10:01 AM

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon Session of Parliament, in New Delhi, Thursday, August 5, 2021. (LSTV/PTI Photo).

Centre foregoes retro tax power

Introduces Bill to amend Income-Tax law

06 Aug 2021 12:58 AM

Though the digital divide in India is intense, he said, the digital ecosystem in India is still weak, especially in the rural areas. — Representational Image/DC

Digital ecosystem in India still weak: Expert

Stressing the need for urgent regulatory attention, Bhoi said that risks are hidden in a highly digitalised world

30 Jul 2021 10:07 AM

Union Finance Minister Nirmala Sitharaman addresses a press conference on Cabinet decisions, in New Delhi, Wednesday, July 28, 2021. (PTI Photo

Union Cabinet approves Bill to protect bank deposits of up to Rs 5 lakh

Union Cabinet on Wednesday approved a Bill to protect bank deposits of up to Rs 5 lakh

29 Jul 2021 7:27 AM

Ms Sitharaman announced a stimulus package for the tourism industry which included five lakh tourist visas to be issued free of charge, once the government resumes issuance. (PTI file image)

Government gives Rs.6.29L crore stimulus to boost COVID-hit economy

For the health sector, the maximum loan amount of Rs 100 crore would be given and the maximum interest rate is capped at 7.95 per cent

29 Jun 2021 7:04 AM

The Indian economy has now shrunk back to the size it was in the middle of 2018-19. (Photo:PTI)

Coronavirus eats into Indian economy, GDP shrinks 7.3%

The 7.3 per cent contraction is the worst-ever economic performance that India has witnessed in over four decades

01 Jun 2021 1:20 AM

There were only three bidders this year -- Airtel, Vodafone Idea and Reliance Jio -- against seven bidders during the last spectrum auction in 2016. (PTI file photo)

Spectrum auction fetches Rs.77,814 cr, Reliance Jio emerges biggest buyer

Over 855.60 MHz of airwaves were bought for Rs 77,814.80 crores in two days of auction after six rounds of bidding

03 Mar 2021 8:26 AM

The positive growth — though not very strong yet — has taken the Indian economy out of the recession. (Photo: PTI)

Indian economy in +ve zone, grows 0.4%

The size of the economy had shrunken in the April-June and July-September quarters, pulling down the country into a technician recession

27 Feb 2021 4:54 AM

Finance Minister Nirmala Sitharaman (Image source: PTI)

Budget 2021: India opens purse strings

The Budget also focused broadly on vaccines, nutrition, infrastructure, education and farmers

02 Feb 2021 12:17 PM

Manufacturing PMI expands to 13-year high in October, signals economic recovery

The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery

02 Nov 2020 7:36 PM

GST collections cross Rs 1L crore for the first time after COVID-19 hit India

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

01 Nov 2020 8:18 PM

3 of 9

Columns

Shobhaa De