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Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.Business
India may exempt foreign portfolio investors from higher taxes:...

In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.

9 Aug 2019 9:53 AM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
India may exempt foreign portfolio investors from higher taxes:...

Separately, media said government was considering reducing tax on long-term capital gains introduced three years ago.

8 Aug 2019 7:36 PM IST

Finance Minister Nirmala SitharamanBusiness
Govt assured of action soon to revive industry, push eco growth: India...

Piramal Enterprises's Ajay Piramal said that industry raised several matters such as reluctance of banks to lend to the...

8 Aug 2019 6:58 PM IST

Domestic car sales also ticked up to 1,72,623 units as against 1,64,559 in February last year, up 4.9 per cent.Business
Auto industry seeks stimulus package from government

In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.

7 Aug 2019 5:09 PM IST

The Committee also recommended doubling the limit for collateral-free lending to Rs 20 lakh for lending to MSMEs and self-help groups.Business
Centre promises all help to MSMEs

Finance Minister Nirmala Sitharaman and MSME Minister Nitin Gadkari met representatives from various MSME sectors on...

7 Aug 2019 2:10 AM IST

Finance Minister Nirmala SitharamanBusiness
Bankers agree to take steps to review interest rates: FinMin

Banks need to commensurately transmit rate cut benefit in lending, said an official release.

5 Aug 2019 8:27 PM IST

Congress leader Rahul Gandhi leaves Sewree court in Mumbai. (Photo: Rajesh Jadhav)India
I-T dept 'running amok' to meet India's revenue shortfall: Rahul...

Gandhi also shared media reports alleging that 'tax terrorism' was hurting India's growth.

5 Aug 2019 9:29 AM IST

Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)Business
Sitharaman to meet heads of public and private sector banks on Monday

In the last few months, there have been signs of revival in public sector banks.

3 Aug 2019 11:24 AM IST

V.G. SiddharthaIndia
Business failures shouldn't be tabooed: Sitharaman on V G Siddhartha's...

Sitharaman said that businessmen should get honourable exit or resolution to the problem in letter and spirit of the...

2 Aug 2019 9:14 AM IST

She should really apologise for having commented so badly both on the private life of the Prime Minister and in general about all women in the BJP, Sitharaman said. (Photo: ANI)India
Insolvency law amendments to ensure greater timeliness: Sitharaman

Among others, the approved resolution plan would be binding on central and state governments as well as various...

1 Aug 2019 1:36 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)Business
Finance Minister Sitharaman to meet CEOs of PSU banks on Friday

The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.

1 Aug 2019 10:18 AM IST

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.Business
Govt may sell stake in Bhel and other PSUs

Hindustan Copper had recorded a net profit of Rs 145.74 crores in 2018-19, which was a humungous 83 per cent more than...

30 Sept 2019 6:16 AM IST

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