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Economy

Amazon acquires movie giant MGM for $8.45B

San Francisco, May 26 (IANS) Amazon on Wednesday announced to acquire movie giant MGM for $8.45 billion, at a time when the world's largest...

India’s growth inclusive with focus on job creation: Economic Survey

New Delhi, Jan 31 (IANS) The Economic Survey for 2022-23, which was laid in Parliament by Finance Minister Nirmala Sitharaman on Tuesday, has underlined...

4-member family needs up to Rs 20K income for average quality of life

New Delhi, Jan 31 (IANS) Over a majority, or 51.5 per cent, feel that an income of up to Rs 20,000 per month is...

RBI announces new framework to tackle bad loan problem

New Delhi: The Reserve Bank of India, on February 12, said it was withdrawing all its existing mechanisms for tackling bad debt at...

IMF expects India to rev up global growth as China falters, backs Modi government’s...

New Delhi, April 17 (IANS) Multilateral institutions such as the IMF and UNCTAD view India as a...

Price Woes: Sustained inflationary pressure to dent equities

ROHIT VAID Mumbai, April 17 (IANS) Inflationary pressure as well as tightening monetary policies around the globe are likely to subdue India's key equity market...

ReNew Power files for IPO that could raise $1 billion

Mumbai (Reuters) - ReNew Power Ltd filed for an initial public offering on May 8 that could raise more than $1 billion in one...

Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman briefing the media on Post 52nd council meeting of the...

Over 66% of India’s blue-collared employees earn below Rs 15K per month: Report

New Delhi, July 7 (IANS) More than two-thirds of blue-collared employees in India earn less than Rs 15,000 per month, according to a report...

Parliamentary panel for abolishing tax on LTCG from investments in startups

New Delhi, Sep 15 (IANS) The Standing Committee on Finance (2019-20) has recommended to the Centre to abolish tax on Long Term Capital Gains...