Finance

Applicability of New Investment Policy 2012 extended to RFCL

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the extension of the applicability of New Investment Policy (NIP)-2012, read with...

As India battles Covid, World Bank forecasts growth at 8.3%

The World Bank has forecast that the Indian economy would grow by 8.3 percent during the current fiscal year, an increase of nearly 3...

FM chairs meet on infra road map, asks ministries to front-load capex

Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead. This was her fourth review...

GST was notified with horrendous rates of tax: Chidambaram

Congress leader P. Chidambaram has slammed the union government for converting the GST to a bad law, saying it was notified with horrendous rates...

Banks allowed to tap floating provisions for NPA cover

The Reserve Bank of India (RBI) on Wednesday provided a big relief to banks that fear increased provisioning for non-performing assets (NPA) amidst the...

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