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RBI buys Rs 10k cr of long-term securities, sells Rs 2,950 cr of short-term govt bonds in 4th special OMO

Mumbai, Jan 23 () In the fourth special open market operation (OMO) auctions, the Reserve Bank of I…

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Responsibility of Govt to design convenient tax system so that individuals can budget & plan: SC

"Hence the income earned through such investments would fall under the head Profits and Gains of bu…

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Responsibility of Govt to design convenient tax system so that individuals can budget and plan: SC

The court, which allowed a batch of appeals filed by banks against an order of the Kerala High Cou…

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RBI To Sell Govt Bonds Worth Rs 12,000 Crore Through Open Market Operations

"On an assessment of current and evolving liquidity conditions, Reserve Bank has decided to conduct…

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Govt to focus on strategic stake sales to meet disinvestment target: DIPAM Secretary

"Many of our strategic transactions are going on and moving forward. There was little bit of disru…

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Govt cuts interest rate on small savings schemes for June quarter

The interest rate moderation for Public Provident Fund (PPF) and National Savings Certificate (NSC…

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Moratorium on Yes Bank to go soon; govt approves bailout plan

"The Board of Directors of Axis Bank Ltd at its meeting held today has accorded approval to invest…

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Govt willing to do more beyond Budget to boost growth: FM

At an interactive session on 'Budget and Beyond' with professionals from asset management, wealth …

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Bharat Bond ETF garners Rs 12,400 cr from its maiden offer

New Delhi, Dec 24 () Bharat Bond ETF, India's first corporate bond ETF, has garnered Rs 12,400 cror…

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Odisha govt, UNICEF join hands to keep children busy during lockdown

She hoped that the activities will keep themstimulated and improve their psychosocial well being.It…

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Govt, RBI's prompt policy measures helped reinvigorate economy with minimal damage: FinMin

With regard to agriculture sector, the ministry said procurement of wheat from farmers by governmen…

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Moody's downgrades ONGC rating on uncertain oil prices, govt guidelines on dividend

"Given the increasingly uncertain oil price environment, ONGC's depleted cash reserves, and govern…

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Govt ups capital infusion in IOB to Rs 4,360 cr

New Delhi, Dec 27 () Indian Overseas Bank (IOB) on Friday said it will get a fresh capital infusion…

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Govt not planning to reduce retirement age in BSNL, MTNL to 50: Dhotre

New Delhi, Nov 28 () The government on Thursday said it is not planning to reduce retirement age of…

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RBI Governor says no reason to doubt govt will meet fiscal deficit targets

Sitharaman's second budget contains some measures which may support GDP growth in the medium-term,…

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USIBC urges govt to create COVID-19 budget to combat eco impact of pandemic

The USIBC has also suggested financial and credit support to MSMEs; targeted financing for certain …

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Govt not included AGR dues payment in Budget 2020-21: DEA Secy

New Delhi, Feb 3 () The government has not included AGR dues payment in the Budget 2020-21, Economi…

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Sensex recovers 693 pts amid govt measures to aid coronavirus-hit economy

Coronavirus cases in India crossed 500 and one more death from the infection reported taking the t…

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Govt allows banks to buy securities of low-rated NBFCs under PCGS 2.0

The government has also relaxed the net profit criteria under the scheme. Henceforth the entities w…

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Govt's stimulus package won't stop GDP from contracting in FY21: Analysts

Nomura said that the packages have so far desisted from addressing the woes of particular sectors …

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