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Nirmala Sitharaman urges regulators to speed up refunds of unclaimed bank deposits, shares and funds

New Delhi, Oct. 23 -- Union finance minister Nirmala Sitharaman on Friday urged financial sector regulators to expedite refunds of unclaimed assets to their rightful owners, simplify know-your-custome... Read More


Deferred 100% US tariffs offer only temporary relief to India as Russian oil imports fall

New Delhi, Oct. 18 -- Washington's decision to hold off tariffs of up to 100% that a new US sanctions law would have triggered against India for buying Russian oil offers only temporary relief, people... Read More


Cabinet clears Fairfax's rRs.r58k-cr IDBI majority stake acquisition; Centre, LIC to retain minority stakes

New Delhi, Oct. 15 -- The Union Cabinet on Wednesday approved the strategic sale of a 60.72% stake in IDBI Bank Ltd , along with the transfer of management control to Canadian financial services compa... Read More


Cabinet clears Fairfax's rRs.r58k-cr IDBI majority stake acquisition

New Delhi, Oct. 15 -- The Union Cabinet on Wednesday approved the strategic sale of a 60.72% stake in IDBI Bank Ltd , along with the transfer of management control to Canadian financial services compa... Read More


India, UK aim to double bilateral trade to $120 billion by 2030 under FTA

New Delhi, Oct. 12 -- Trade ministers of India and the United Kingdom on Monday said their shared ambition is to double the bilateral trade by 2030 as both are committed to utilise mutually beneficial... Read More


Centre approves rRs.r10K-crore SME growth fund

New Delhi, Oct. 7 -- The Union cabinet on Tuesday approved a Rs.10,000 crore fund to provide equity support to promising small and medium enterprises, ahead of the 57th GST Council meeting that is exp... Read More


GST collections cross rRs.r2 lakh crore in September, rise 14.7%

New Delhi, Oct. 1 -- India's gross Goods and Services Tax (GST) revenue in September crossed Rs.2 lakh crore, registering a 14.7% year-on-year increase, government data released on Thursday showed. G... Read More


India-US economic ties moving beyond trade to investment, tech, innovation: Goyal

New Delhi, Sept. 30 -- The India-US economic relationship is moving beyond traditional trade to encompass investment, manufacturing, technology, innovation, resilient supply chains and the creation of... Read More


Finance minister Nirmala Sitharaman leads delegation to AIIB annual meeting in Qatar for key infrastructure talks

New Delhi, Sept. 28 -- Union finance minister Nirmala Sitharaman is leading a delegation of officials to Qatar to attend the two-day annual meeting of the Asian Infrastructure Investment Bank (AIIB) s... Read More


Piyush Goyal to visit US for G20 meet, push for interim bilateral trade deal

New Delhi, Sept. 28 -- Commerce and industry minister Piyush Goyal will be in the US on Tuesday to attend the G20 meet in Milwaukee (Wisconsin) and also engage with his American counterpart to finalis... Read More