The country's microfinance sector which rose by 25 per cent in the first quarter, may need Rs 6,000-9,000 crore over the next three years to meet it growth plans, says a report. Accordi... Read more

NEW DELHI: The government pushed to replace the IL&FS board since, among other reasons, certain sections of the finance ministry were not comfortable with state-run institutions infusing... Read more

New Delhi: The government has amended the rules governing special economic zones (SEZ) to align them with the goods and services tax (GST). The new rules permit merger of units in the same z... Read more

New Delhi: The department of defence production has sought the commerce department’s help in boosting defence exports from existing Rs 5,000 crore to Rs 35,000 crore while the ministry of el... Read more

The Commerce Ministry is focusing on nine sectors, including pharma, food processing and textiles, to boost exports in the current fiscal, an official said. The ministry is targeting a minim... Read more

NEW DELHI: The RBI's net worth and fleet size stipulations for cash management companies pose a grave security as well as financial threat, an industry body said Monday. Cash logistics... Read more

NEW DELHI: The Insolvency and Bankruptcy Board needs to be given more powers, NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya said Monday and also suggested that there should be regula... Read more

NEW DELHI: The government Monday released agriculture census for 2015-16 that showed a 1.53 per cent decline in total operated area at 157.14 million hectare as compared to 2010-11 data, but... Read more

Finance Minister Arun Jaitley Monday defended loan write-offs by public sector banks, saying they do not lead to loan waivers and the exercise helps lenders clean up their balance sheets and... Read more