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In 2017-18 growth rate of foreign direct investment recorded a five-year low of 3 per cent at USD 44.85 billion.

Defence industries attract USD 0.21 mn FDI during Apr-Sept 2018

Overall, FDI in the country dipped 11 per cent to USD 22.66 billion during April-September this fiscal.

11 Feb 2019 3:35 PM

Goyal also announced that the operating ratio for the current fiscal has improved to 96.2 per cent.

Budget 2019: Railways gets Rs 1.58 lakh cr, highest ever for national transporter

No railway fare hike was announced in the Railway Budget for 2019.

01 Feb 2019 1:53 PM

Defence analyst Swaran Singh. (Photo: ANI)

Interim budget: Defence experts pitch for increase in funds

Last year, India's defence budget went up only by about 5.5 per cent.

30 Jan 2019 1:05 PM

Goel was willing to step aside from Jet Airways’s board and chairmanship only if Etihad enhanced its quote for Jet shares.

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM

Vodafone holds 45.1 stake in the combined entity, while Kumar Mangalam Birla-led Aditya Birla Group controls 26 per cent and Idea shareholders own 28.9 per cent.

Vodafone Idea to raise Rs 25,000 crore via rights issue

The board has authorised the Capital Raising Committee to decide the nuances of the Rights Issue.

23 Jan 2019 5:51 PM

The parent entity was issued 4.86 lakh shares in Flipkart India at a price of about Rs 29,400 per share.

Flipkart India raises Rs 1,431 crore from parent firm

Flipkart had invested Rs 2,190 crore in Flipkart India in December last year.

17 Jan 2019 4:31 PM

Govt is likely to assess the quarterly results of the PSBs before announcing another tranche of capital infusion. (Photo: FIle)

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM

Etihad, also said Jet’s founder and chairman, 69-year old Naresh Goyal, was likely to step down from the board and give up majority control.

Etihad to raise stake in cash-strapped Jet Airways: source

Etihad’s stake will be capped at 49 per cent given foreign ownership rules in Indian airlines.

15 Jan 2019 11:10 AM

The RBI has agreed to provide the funds under its SAARC (South Asian Association for Regional Cooperation) Swap Facility.

Lanka's Central Bank gets USD 400 million swap from RBI

The total loan was expected to have been disbursed with a seventh tranche by mid-2019.

10 Jan 2019 11:39 AM

The move is expected to benefit 31 stranded projects worth 15,000 MW belonging to Essar Power, Torrent Power, GSPC, Reliance Infra, GMR, GVK, NTPC and Lanco.

Rs 18,000 crore subsidy in works for stressed gas-based power projects

This scheme ran for two years between 2015 and 2017 and got financial support from the Power System Development Fund.

10 Jan 2019 10:56 AM

Jet Airways and SBI did not immediately respond to Reuters’ request for comment.

Indian banks propose USD 900 million turnaround plan for Jet Airways: report

Naresh Goyal and Etihad Airways are likely to infuse USD 450 million together in Jet Airways.

09 Jan 2019 11:00 AM

RBI expected to pay govt up to USD 5.8 billion interim dividend: sources

The government and RBI have now appointed a panel to look into the issue around the sharing of the RBI’s reserves.

07 Jan 2019 1:38 PM

Finance Minister Arun Jaitley. (Photo: ANI)

Aadhaar savings can fund 3 schemes of the size of Ayushman Bharat: Jaitley

The Digital Dividend Report prepared by the World Bank estimates that India can save Rs 77,000 cr every year by the use of Aadhaar.

07 Jan 2019 11:15 AM

The bank has also reported that it has initiated steps to further lay the reference received as well before the ACB.

No case of pension, gratuity fund diversion at PNB: Jaitley

PNB has also apprised that no amount was taken back or withdrawn from the trusts' account.

04 Jan 2019 3:22 PM

SBI may either tap SBI London or New York for funds.

SBI may raise Rs 12,000 crore overseas for PFC’s REC buy

The bank has been favoured due to its ability to raise large amount of funds.

24 Dec 2018 10:18 AM

Overall, mutual fund schemes witnessed an inflow of Rs 1.42 lakh crore in November.

Mutual funds' asset base rises 8 pc to Rs 24 lakh crore till Nov-end

The total asset base of all the fund houses put together was Rs 22.79 lakh crore in November last year.

07 Dec 2018 3:27 PM

Chairman and founder of Adani group Gautam Adani.

Adani Group to fully fund troubled Carmichael coal mine

The miner had earlier aimed to start shipping coal from the Carmichael mine by March 2020.

29 Nov 2018 11:51 AM

The government had targetted an average monthly GST collection of over Rs 1.10 lakh crore this fiscal.

Flagship social security schemes facing cash crunch

Govt is already committed to spend over Rs 35,000 crore this fiscal for the poor and farmers across the country.

19 Nov 2018 11:19 AM

CPSE ETF was set up in 2014 and the government has so far sold stake in the 10 companies in the basket in three tranches.

FinMin eyes Rs 8,000 cr through CPSE ETF, issue likely by Nov-end

In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.

05 Nov 2018 1:51 PM

Reserve Bank of India Governor Urjit Patel.

FSDC discusses NBFC liquidity issues; RBI assures adequate fund flow in system

RBI governor informed the government that there is no liquidity crunch in the system.

30 Oct 2018 4:12 PM

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Mohan Guruswamy