Banking & Finance

Incubation and funding support is being sought for more than 550 Startups which have been mentored by the Startup India Hub as of June 2018, said the Minister of State of Commerce and Industry, C. R. Chaudhary said in the...

Guideline for foreign entities on hedging activity in agri trade is expected soon, according to P.K. Bindlish, HOD-Commodity Derivatives Market Regulation Department in the Securities and Exchange Board of India (SEBI).

Corporate India is becoming more and more vulnerable to sudden policy change risks, emanating both at the Central and state levels with some of the well-known companies getting caught off the guard by issuance of a government notification or two.

The Goods and Services Tax (GST) Council has reduced rates on a number of products during its 28th meeting held in New Delhi on 21 July 2018.

Work has started on Cochin Port’s state-of-the-art Cruise Terminal, which designed to handle 5,000 tourists. Construction of the terminal is estimated to cost Rs.25.72 crore, of which Rs.21.41 crore has been sanctioned as grant by the Tourism Ministry.

Finance Minister Piyush Goyal has met top industry stakeholders, showing the Government’s clear intent to salvage the financially-strapped real estate sector with a large number of stalled projects.

A developed corporate bond market is the need of the hour for India as an 8% economic growth cannot be achieved without a robust corporate capex cycle, according to an industry report.

India’s current passenger fleet will double to almost 1,100 aircraft by 2027 – with the total value of aircraft to be delivered over the coming ten years, at current list prices, projected to be US$60 billion, according to an industry...

India-Oman Joint Investment Fund (OIJIF) has raised another US$220 million for the second tranche which is being invested in India, said a public information bureau release on 16 July 2018.

For a very long time, real estate developers and investors focused almost exclusively on the metros and tier 1 cities, as these were considered the safest bets for sales and returns on investment. After all, these cities were generating the...