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India earmarks Rs.5,000 crore loan support to boost domestic shipbuilding

New Delhi, Sept. 16 -- The Union finance ministry has earmarked a budgetary support of Rs.5,000 crore towards providing loans at low interest rates for shipping projects, two persons said. The minist... Read More


Pass on GST cut benefits fully: Finance ministry to insurers

New Delhi, Sept. 15 -- In a push to make insurance more affordable and accessible, the finance ministry has directed insurers to fully pass on the benefits of GST exemption on individual life and heal... Read More


India to target two PSBs in top 20 global banks as part Viksit Bharat 2047 plan

New Delhi, Sept. 13 -- India is looking to scale up at least two public sector banks (PSBs) to become one of the top 20 banks in the world by 2047, a senior government official from the financial serv... Read More


New highway concession pact to woo private investors likely by month-end

New Delhi, Sept. 11 -- Two people aware of the matter said the government plans to introduce a new model concession agreement (MCA) by the end of September to attract private investment in highway pro... Read More


India GST reform to boost consumption but strain govt revenues, Moody's warns

NEW DELHI, Sept. 9 -- India's planned revamp of its goods and services tax (GST) will boost household consumption and support growth, but weigh on government finances, Moody's Investors Service said T... Read More


Steel industry backs 12% safeguard duty amid global oversupply pressures

New Delhi, Sept. 8 -- India's steel industry is confident that the 12% safeguard duty recently imposed on imports of certain flat steel products will be sufficient to protect domestic producers from i... Read More


Japan's Mitsui O.S.K Lines eyes shipbuilding tie-ups with Indian shipyards

New Delhi, Sept. 2 -- Japanese shipping company Mitsui O.S.K. Lines (MOL) is in talks with the Indian government to build ships in partnership with local yards. The company operates 13 ships of diffe... Read More


Indian Railways freight earnings touch highest-ever at Rs.14,000 crore in August

New Delhi, Sept. 1 -- The Indian Railways achieved a historic milestone in freight earnings, posting Rs.14,100 crore in August-the highest monthly figure to date. This growth was fuelled by strong per... Read More


India's fiscal deficit widens in April-July

new delhi, Aug. 30 -- India's fiscal deficit nearly doubled in the first four months of FY26, compared with the same period of the previous year, driven by a sharp rise in capital expenditure, signall... Read More


India's fiscal deficit widens in April-July amid surge in capital expenditure

New Delhi, Aug. 29 -- India's fiscal deficit nearly doubled in the first four months of FY26, compared with the same period of the previous year, driven by a sharp rise in capital expenditure, signali... Read More