India's G20 presidency aims to strengthen multilateral development banks (MDBs) to maximize their impact on global development, according t...

The meeting, which was held virtually, was attended by senior officials of the finance ministry and minister of state for finance Pankaj Ch...

As per the latest Budget numbers, India's fiscal deficit is estimated to be 9.5 per cent of the GDP in the current fiscal and is expected t...

15 entities owe Rs 1.47 lakh cr, Rs 92,642 cr in licence fee & Rs 55,054 cr in outstanding spectrum charges.

During the current quarter, the government refrained from cutting interest rates on small savings schemes, including Public Provident Fund ...

Rating agencies have raised concerns over the level of public debt and refrained from upgrading the sovereign rating of the country.

Earlier this month norms of overseas borrowing for manufacturing companies were relaxed.

“Lot of work is being done to turnaround the PSBs . They should also be able to grow as we go along.”

Acharya was of the view that the central bank should wait for some more time before withdrawing monetary accommodation.

The RBI further liberalised External Commercial Borrowing (ECB) norms by including more sectors in a bid to facilitate cheaper access of ov...

“I am very optimistic that core sector part of the economic growth story should see traction going forward.”

"Today the currency of the high-value notes and let us say 500 and 2000 rupees notes are the high value notes that currency is much less at...

The process of remonetisation accompanied by greater penetration of digital payments, opening up bank accounts brought normalcy far quicker...

"This is the second reduction done by the RBI in 2016, so I would expect banks to transmit rates as it will spur growth."

"Railways becoming a part of the general budget would also enable us to go for multimodal planning with regard to our transport facilities,...

The NDA Government has been liberalising the FDI regime and has brought a number of sector under the automatic route.

"We are looking at about 7.5% or so of GDP growth. I will tell you why. Over the last few months, the government has undertaken a series of...