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FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

Surcharge rollback creates no differential regime between FPIs,...

FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.

28 Aug 2019 2:01 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Don't overreach, overstate: FM to tax authorities

To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go...

28 Aug 2019 9:27 AM IST

Whatever be the size- small, medium, micro, nano or large entrepreneurs of this country, we want them to carry on with their business without a worry, she said at the beginning of the address. (Photo: ANI)

Want entrepreneurs to carry on business without a worry: Finance...

'Any suggestions about credibility of RBI, for me seems a bit outlandish,' she said, talking about Rahul Gandhi's...

27 Aug 2019 6:24 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

India bonds at three-week high, rupee gains after RBI payout to govt

The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.

27 Aug 2019 2:05 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Elimination of angel tax to uplift sentiment in the start up community

These steps shows government's resolve towards ease of doing business in India and encourage entrepreneurship.

27 Aug 2019 10:06 AM IST

GDP stands for Gross Domestic Product.

Does GDP really double on its own in 5 years?

This is the Modi 2.0 government targeting to increase the GDP by 86 per cent in five years.

27 Aug 2019 12:08 AM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

FM likely to announce more support measures for economy: DBS

The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.

26 Aug 2019 2:54 PM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Signs of pragmatism in steps to boost economy

The Modi government's eagerness to increase tax collections could have made sense if the economy was doing well.

26 Aug 2019 12:00 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

FPI surcharge removal, stimulus measures likely to boost markets:...

FM Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the...

25 Aug 2019 12:38 PM IST

Govt to look at proposal to relax local sourcing norms for FDI in...

FM Nirmala Sitharaman in her Budget speech had said that local sourcing norms will be eased for FDI in single brand...

25 Aug 2019 12:32 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Announcements made by FM are major enablers to support growth: SBI...

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM IST