Full text of Joint Statement issued by India, France
1. The State Visit of the President of the French Republic Mr. François Hollande to India and his presence as the Chief Guest at India’s 67th Republic Day celebrations...Read more
World Economic Forum 2016: How Arun Jaitley and Raghuram Rajan tempered big expectations
DAVOS: It is easy to get carried away by talk of India as the brightest spark in a gloomy world in Davos. No major country is growing at over...Read more
Railways to focus on monetising assets; SBI Cap to draw up plan, says Suresh Prabhu
NEW DELHI: Indian Railways is targeting a higher share of non-railway revenue in the next five years to augment tariff-based operations. Railways Minister Suresh Prabhu has asked SBI Cap,...Read more
SBI enters wealth management space
BENGALURU, JAN 14: State Bank of India, the country’s largest bank, announced its foray into the wealth management space and also launched a dedicated branch for the start-ups in...Read more
FIPB clears 5 FDI proposals worth Rs 6,050 crore, Cadila gets nod
NEW DELHI: Government today approved five foreign investment proposals involving an inflow of Rs 6,050 crore including a Rs 5,000-crore plan of Cadila Healthcare for fresh equity infusion. Cadila...Read more
Village Financial Services to expand to Tripura, Sikkim, Odisha and Uttarakhand
KOLKATA: Micro lender Village Financial Services said it would start doing business in four more states this year, with banks beginning to loosen purse strings for microfinance companies creating...Read more
Sebi tightens norms for MFs’ exposure to riskier bonds
To safeguard investors’ interest, markets regulator Sebi on Monday tightened its norms for mutual funds’ exposure to riskier corporate bonds including by capping the investment limit in bonds of...Read more
Govt may dilute its 11.7% stake in Axis Bank to meet disinvestment shortfall
The government is considering diluting its per cent stake in Axis Bank it holds through the Specified Undertaking of the Unit Trust of India (SUUTI) to meet shortfall...Read more
Government Approves Conversion of MUDRA into a Bank
New Delhi: The Cabinet on Thursday approved conversion of MUDRA Ltd, an NBFC, into a bank and also setting up of a Credit Guarantee Fund for loans disbursed under...Read more
Government removes export duty on iron ore pellets
KOLKATA: The government has removed the 5 per cent export duty on iron ore pellets as it meets yet another demand of steel and mining sector companies reeling under...Read more