A senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 504 crore from Haryana government a...

The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....

India's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...

Taxpayers get a breather as the government extends the Goods and Services Tax Appellate Tribunal (GSTAT) appeal filing deadline by a month ...

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...

Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the governme...

Muthukumaran was previously chief financial officer of Adani Ports and Special Economic Zone but had quit the assignment in February as per...

The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...

PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...

Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...

Punjab's AAP government has notified the Union's rural employment scheme, effective July 1, a stark contrast to its December resolution opp...

Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...

Union Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...

The government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...

The Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...

Hyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...

The government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...