In a major move, the government is likely to stipulate a uniform framework for all asset classes-equity, property and gold-for computation of capital gains. ...
The government is likely to unveil in the Union Budget a Troubled Assets Relief Programme (TARP) similar to what the US initiated during the Lehman financial crisis in 2008....
Fuel prices saw a marginal dip on Tuesday due to softening of international crude oil rates as demand declined following the outbreak of coronavirus in China. The price of petrol was cut by 12 paise and that of diesel by 14 paise across all major cities on Tuesday. ...
US aircraft manufacturer Boeing has obtained $12 billion in financing commitments from more than a dozen banks to help alleviate the crisis over its 737 MAX jet, the design of which was implicated in two deadly accidents that led to the aircraft's global grounding. ...
Effectively seeking to end the tenure of Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi, the Finance Ministry has in a quiet move called for applications to fill up the post....
Stock markets in China will be shut remain until next Monday after authorities extended the Lunar New Year break by three days in the midst of the coronavirus epidemic. ...
Japan's leading financial institution Credit Saison is partnering with Indian financial technology non-banking finance company (NBFC) Capital Float for providing digital financing to micro, small and medium enterprises (MSMEs) across the country, an official said on Monday. ...
Bidders for the national carrier, Air India will need to have a minimum net worth of Rs 3,500 crore -- whether as sole bidder or a consortium. The government on Monday kicked off the strategic disinvestment of Air India with Ernst & Young, transaction advisor issuing an expression of interest by ...
State-owned Power Finance Corporation Limited (PFC) on Monday listed its global notes on India INX's Global Securities Market (GSM), GIFT IFSCs leading primary market platform for raising funds from global investors. The listings are of $750 million worth bonds at 3.950 per cent due under $5 ...
Prime Minister Narendra Modi will address the 3rd Global Potato Conclave at Gandhinagar, Gujarat through video conferencing on Tuesday. The three-day mega conference begins on January 28 and ends on January 30. During the event, the Prime Minister is expected to take stock of the ...