Central bank holds rates to ensure broad-based recovery
The Reserve Bank of India’s monetary policy committee (MPC) stuck to its accommodative policy stance to help the economy recover from the pits of the pandemic, central bank keeping the…
South Korea envoy summoned over Hyundai’s Kashmir tweet in diplomatic escalation
India said on Tuesday it had summoned South Korea ambassador to express displeasure over a social media post by a Pakistani partner of Hyundai Motor over disputed Kashmir that has…
State coal giant plans bulk exports for first time
Coal India Ltd, the world’s largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen, after decades of exclusively supplying state domestic consumers.…
Shares climb on financials boost after growth-focused budget
Indian shares hit a two-week high led by financial stocks on Wednesday, after the government stepped up spending to fuel growth in the pandemic-hit economy, although disappointing earnings from Tech…
Privatisation target cut fuels doubts over LIC IPO size
The Indian government’s sharply scaled-back privatisation plans to sell state-run companies have raised uncertainty among analysts around the size and scale of the proposed initial public offering of giant insurer…
LIC में केवल 5% हिस्सा बेचने की तैयारी
भारतीय जीवन बीमा निगम (LIC) के इश्यू में केवल 5% हिस्सा बेचने की तैयारी है। इससे सरकार को 40 हजार से 50 हजार करोड़ रुपए मिलने की उम्मीद है। पहले…
Budget 2022: Chidambaram slams ‘capitalist budget’, says word poor
Budget by Former finance minister and senior Congress leader P Chidambaram on Tuesday. Took a dig at the Union Budget 2022-23 presented by Nirmala Sitharaman in Parliament. And “we thank…
Economic Survey 2022: Banks weathered the pandemic shock
The Economic Survey 2022, tabled by Union Finance Minister Nirmala Sitharaman in Parliament on Monday. Stated that the commercial banking system has so far weathered the COVID-19 pandemic shock even.…
अर्थव्यवस्था चुनौतियों का सामना करने के लिए तैयार, जानें आर्थिक सर्वेक्षण की प्रमुख बातें
केंद्र सरकार की ओर से अर्थव्यवस्था बजट से एक दिन पहले सोमवार को सदन में आर्थिक सर्वेक्षण रिपोर्ट पेश की गई। वित्त मंत्री निर्मला सीतारमण ने देश वित्तीय हालात का…
India seeks regulatory fast track for LIC as it gears up for the IPO
The Indian government has asked regulators for a swift review of Life Insurance Corporation’s(LIC) draft prospectus, two government sources with knowledge of the matter said – as it pulls out…