Banking & Finance

The 2019-20 Budget has a clear action plan for making of a US$5 trillion economy over the next few years, said the Federation of Indian Chambers of Commerce and Industry (FICCI) President Sandip Somany.

Overall, the Budget 2019-20 is a balanced one with more of a long-term vision as a follow-on of the Interim Budget. It has obviously been formulated to restore confidence in the India growth story, as a whole, and more importantly...

Strategic disinvestment of select CPSEs will continue to remain a priority of the Government, retaining less than 51% stake under a modified policy, said Finance and Corporate Affairs Minister, Nirmala Sitharaman while presenting Union Budget 2019-20 in Parliament on 5...

Finance Minister Nirmala Sitharama has proposed to extend the lower rate of 25% Corporate Tax to all companies with annual turnover up to Rs.400 crore which will cover 99.3% of business in India.

India need to increase its per capita energy consumption at least 2.5 times to increase its Real Per Capita GDP by US$5000 per capita to enter the Upper-middle Income Group, said the Economic Survey 2018-19.

India’s monetary policy witnessed a U-turn over the last year, according to the Economic Survey 2018-19 tabled in parliament on 4 July 2019.

In order to create a ten trillion-dollar economy by 2032 India needs a robust and resilient infrastructure, says the Economic Survey 2018-19, tabled in parliament on 4 July 2019 by a Finance and Corporate Affairs Minister Nirmala Sitharaman.

The Government has allocated Rs.850.00 crore in interim budget for the Financial Year 2019-20 to National Industrial Corridor Development and Implementation Trust (NICDIT) for development of all industrial corridor projects across the country, parliament was told on 3 July 2019.

While consolidation has been an ongoing phenomenon for some time in India, recent mergers, acquisitions and joint developments are underscoring this trend like never before, writes Shobhit Agarwal, MD & CEO - ANAROCK Capital.

FICCI President Sandip Somany has highlighted some of the key areas that the Government should consider in the third year of Goods and Services Tax (GST) implementation.