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Finance Ministry notifies changes in FDI policy under FEMA law

Finance Ministry notifies changes in FDI policy under FEMA law

Prior approval of government mandatory for foreign investments, to prevent the opportunistic takeover of domestic firms

23 April 2020 12:37 PM IST

Fitch Ratings sees India growth slipping to 0.8% in FY21. (PTI Photo)

Fitch slashes India's economic growth to 0.8% in FY21

Unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic and...

23 April 2020 12:07 PM IST

farmer collects flowers after plucking from a field near international border in Suchetgarh sector on the outskirts of Jammu. PTI Photo

Small businesses at a higher risk of credit default due to pandemic:...

The covid crisis poses challenges to businesses, especially for micro enterprises, who are often vulnerable to sudden...

22 April 2020 2:27 PM IST

US benchmark oil West Texas Intermediate (WTI) crude for May delivery recovered to USD 1.10 a barrel

Sensex tanks 1,011 pts after oil plunge sparks global sell-off

Similarly, the NSE Nifty plummeted 280.40 points, or 3.03 per cent, to 8,981.45

21 April 2020 4:26 PM IST

Representational Image

Rupee plunges to 76.83 against US dollar in early trade

The rupee opened weak at 76.79 at the interbank forex market and then fell further to 76.83, down 30 paise

21 April 2020 12:40 PM IST

Fitch Solution cuts Indias FY21 GDP growth forecast to 1.8 pc. (PTI Photo)

Fitch Solutions cuts India's economic growth forecast to 1.8% for FY21

Fitch Solutions also anticipated a deeper contraction in fixed investments as businesses choose to cut back on capital...

20 April 2020 12:04 PM IST

ncome Tax return forms being revised. (PTI Photo)

IT return forms revised to allow taxpayers avail benefit of timeline...

The new income tax returns forms will be notified by the month-end and return filing utility would be available by May...

19 April 2020 6:45 PM IST

No cut in pension to central govt employees. (PTI Photo)

Finance ministry rubbishes reports of 20% cut in central government...

The ministry clarified its position after reports that the government is planning to cut pensions

19 April 2020 2:09 PM IST

Governments across globe under pressure to control covid19 economic damage

Governments across globe under pressure to control covid19 economic...

Governments face pressure to reopen factories, shops, travel and public activities

19 April 2020 12:23 PM IST

RBI had announced a three-month moratorium on payment of all instalments, of term loans, due between March 1, 2020 and May 31, 2020. (DC Photo)

RBI Moratorium: 10% provisioning may shave Rs 35,000 cr off bank...

The stipulation on additional 10 per cent provisioning could increase total provisioning by Rs 35,000 crore in the March...

19 April 2020 9:37 AM IST

Representative Image. (PTI Photo)

Bank dividend payments suspended

To maintain financial health, banks have been exempt to make any further dividend payout

17 April 2020 12:41 PM IST

China GDP shrank 6.8% in Q1, first contraction in decades. (AP Photo)

China's GDP shrinks 6.8 percent on Covid19 shutdowns

Economists in China and abroad have long harboured doubts about the accuracy of the official data

17 April 2020 12:15 PM IST