Capital restructuring norms for CPSEs updated to add value
The finance ministry on Monday tweaked norms for capital restructuring by central public sector enterprises (CPSEs) and introduced flexibilities for them to better add to…
Non-financial CPSE dividend target may be retained in FY25 revised estimate
New Delhi: The Centre is likely to maintain its budgeted target for dividends from non-financial central public sector enterprises (CPSEs) and entities in which it…
Urban jobless rate at 6-year low of 6.4% in Q2
The urban unemployment rate declined to 6.4%, the lowest in about six years, in the second quarter of the current financial year, official data released…
Economy likely to grow 6.7% in FY25 due to weaker Q2 performance: Report
New Delhi: The Indian economy is expected to grow by 6.7% in 2024-25 due to weaker performance in the second quarter, according to a report…
Make in India: Public procurement norms may be tweaked to aid makers under PLI
New Delhi: The government is examining tweaking its public procurement norms to aid manufacturers under the production-linked incentive (PLI) schemes. The government is assessing the…
RBI governor Shaktikanta Das’s term likely to be extended further: Report
The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. If…
FM Nirmala Sitharaman flags mis-selling of insurance, calls for collateral free loans to MSMEs
Mumbai: Finance minister Nirmala Sitharaman on Monday expressed concerns over the mis-selling of products, particularly insurance, stating that it adds to the customers’ borrowing costs….
Finance Commission open to view alternate index for devolution to states: Chairman Arvind Panagariya
The Finance Commission is open to considering alternate index for devolution of funds to states with regard to natural calamities and state-specific issues, Chairman of…
Financial services Secretary Nagaraju M sceptical about crypto, backs RBI’s cautionary stance
Mumbai: Department of Financial Services (DFS) Secretary Nagaraju M on Monday said he is “sceptical” about cryptocurrencies like Bitcoin and stressed on the need to…
zepto cafe: Zepto ramping up café business; eyes Rs 1,000 ARR in next financial year
Quick commerce platform Zepto is scaling up its cafe business — which sells coffee, croissants and other items — across the country aiming to hit…