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February 8, 2021
By Rohit Vaid and Subhash NarayanNew Delhi, Feb 8 : Carrying out structural reforms with clear long-term growth objectives is the guiding principle of the
February 7, 2021
By Rituraj Baruah & Subhash NarayanNew Delhi, Feb 7 : As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises,
February 6, 2021
Indias first Budget after the outbreak of the Covid-19 pandemic is prudent, transparent and futuristic and is aimed at making the country self-reliant, Minister of State for Finance, Anurag Thakur, told IANS.Following are the excerpts from the ...
February 6, 2021
After a gap of more than two years, the government may again revive the plan for further consolidation in the public sector oil companies by allowing mergers between producing, marketing, gas transportation and consultancy companies, leaving ...
February 5, 2021
India needs more profitable, robust banks: Minister By IANS | Published on Fri, Feb 5 2021 20:12 IST | 0 Views Minister of State for Finance and Corporate Affairs. Anurag Singh Thakur at Office in New Delhi on Friday (Photo By Qamar Sibtain) Image Source: IANS News Minister of State for Finance and Corporate Affairs. Anurag Singh Thakur at Office in New Delhi on Friday (Photo By Qamar Sibtain) Image Source: IANS News Minister of State for Finance and Corporate Affairs. Anurag S...
February 5, 2021
India needs more profitable, robust banks: Minister (IANS Exclusive) By IANS| Published: 5th February 2021 8:31 pm IST New Delhi, Feb 5 : India needs more profitable and robust banks to fully meet the growing demand and privatisation of two state-run lenders is a move in that direction, Minister of State for Finance, Anurag Thakur, told IANS. In a post-Budget exclusive conversation with IANS, Thakur elaborated on the need for public sector banks to become more profitable, as the Centre canno...
February 4, 2021
Lending Re-boot: Bad Bank expected to absorb Rs 2 lk cr NPAs By IANS | Published on Thu, Feb 4 2021 16:06 IST | 0 Views KV Subramanian. (File Photo: IANS). Image Source: IANS News New Delhi, Feb 4 : Indias growth is set to further accelerate on the back of the path breaking plan to set up a Bad Bank, which is expected to absorb Rs 2 lakh crore worth of non-performing assets (NPA). Accordingly, the process is expected to clean up banks books and allow them to lend more freely. A...
February 4, 2021
To boost infra creation, the Centre will move a special legislation which will enact a public sector development finance institution (DFI) besides enabling private players to enter this niche financial segment.In a conversation with IANS, the ...
February 4, 2021
Big Bang: LIC IPO to lend sparkle to markets this Diwali By IANS | Published on Thu, Feb 4 2021 18:06 IST | 0 Views Life Insurance Corporation of India building, New Delhi. (File Photo: IANS). Image Source: IANS News New Delhi, Feb 4 : The much-anticipated IPO of public sector insurer Life Insurance Corp of India (LIC) may well lend more sparkle to the Indian stock markets this Diwali. Speaking to IANS, Disinvestment Secretary Tuhin Kanta Pandey noted the fact that LIC is a ...
February 2, 2021
Govt eliminates kerosene subsidy, LPG support halved Tue, Feb 02 2021 08:43:55 PM Subhash Narayan New Delhi, Feb 2 (IANS): The Covid-induced demand suppression and subdued global oil prices have helped the central government to move rapidly in the direction of complete elimination of fuel subsidy. While kerosene subsidy has been brought to a naught in Budget 2021-22, payment of subsidy under direct benefit transfer (DBT) scheme towards domestic cooking gas has been brought down to less than...