Government To Closely Monitor Shadow Lending Sector: Nirmala Sitharaman
Business | Thomson Reuters | Saturday July 6, 2019
India has over 10,000 registered NBFCs lending to millions of households who may not have credit worthiness to borrow directly from a commercial bank.
Tighter FY20 Fiscal Deficit Target Challenging To Achieve: Moody's
Business | Thomson Reuters | Friday July 5, 2019
Finance Minister said the government would cut its fiscal deficit target to 3.3% of gross domestic product (GDP) for the year ending March 2020.
Budget 2019: Government Announces Steps To Revive Shadow Banks
Business | NDTV Profit Team | Friday July 5, 2019
In her first Budget speech, Ms Sitharaman said, "For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of 1 lakh crore during the current financial year, government will provide one time six months' partial credit guarantee to public sector banks for first loss of up to 10 per cent."
Budget 2019: Time To Take Capital Markets Closer To Masses, Says Nirmala Sitharaman
Business | NDTV Profit Team | Friday July 5, 2019
This Budget is the first full budget by the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government after returning to power in May.
Budget: Government Must Ensure Predictable Policy Actions, Says Economic Survey
Business | Press Trust of India | Thursday July 4, 2019
The document stated that policymakers at the highest level must monitor the economic policy uncertainty index on a quarterly basis.
Budget 2019 Likely To Hike Spending To Combat Slumping Growth
Business | Thomson Reuters | Thursday July 4, 2019
Analysts say PM Modi, boosted by a sweeping election victory, hopes to use the budget to restart reforms and deal with a series of economic woes.
Putting Economy On Accelerated Growth Path A Daunting Task: India Ratings
Business | NDTV Profit Team | Monday July 1, 2019
Indian Ratings said that the government in Budget 2019 needs to come up with a five-year road map on tax reforms especially for corporate tax rates.
Budget 2019 To Shape The Future Trend Of Equity Market, Say Experts
Business | NDTV Profit Team | Friday June 28, 2019
The S&P Sensex and NSE Nifty 50 Indexes corrected 0.8 per cent and 1.12 per cent respectively in the month of June and all eyes will be on the Budget.
Union Budget 2019: Industry Body For Lower Taxes To Incentivise Equity Investments
Business | NDTV Profit Team | Friday June 28, 2019
Budget 2019 date: CII in a statement said that the tax rate on all corporate taxpayers should be reduced to 25 per cent unconditionally without any turnover criteria
RBI Panel For Rs 5,000 Crore Distressed Asset Fund For Small Enterprises
Business | Indo-Asian News Service | Tuesday June 25, 2019
RBI panel also suggested a government sponsored fund of funds (FoF) to support venture capitalists and private equity firms investing in the MSMEs.
Industry, Government Finances At Graver Risk From Drought: Experts
Business | Indo-Asian News Service | Monday June 17, 2019
The economy, reeling under a consumption slowdown owing to farm distress, stagnant wages and high interest costs, will be hit hard by such a weather phenomenon.
Trade Deficit Widens To $15.36 Billion As Imports Grow 4.3% In May
Business | Press Trust of India | Friday June 14, 2019
Oil imports rose by 8.23 per cent to $12.44 billion and non-oil imports expanded by 2.9 per cent to $32.91 billion during the month under review.
Centre Cuts Employees' State Insurance Contribution Rate, To Benefit 3.6 Crore People
Business | Press Trust of India | Friday June 14, 2019
The reduced rates will take effect from July 1, 2019, the Ministry of Labour said in a release. It would benefit 3.6 crore employees and 12.85 lakh employers.
Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
Business | NDTV Profit Team | Thursday June 13, 2019
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
Rs 7.23-Lakh-Crore Loans Sanctioned Under Mudra Scheme: Piyush Goyal
Business | Press Trust of India | Friday February 1, 2019
Budget 2019: Under the Mudra scheme, the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore, the minister said.
Government To Closely Monitor Shadow Lending Sector: Nirmala Sitharaman
Business | Thomson Reuters | Saturday July 6, 2019
India has over 10,000 registered NBFCs lending to millions of households who may not have credit worthiness to borrow directly from a commercial bank.
Tighter FY20 Fiscal Deficit Target Challenging To Achieve: Moody's
Business | Thomson Reuters | Friday July 5, 2019
Finance Minister said the government would cut its fiscal deficit target to 3.3% of gross domestic product (GDP) for the year ending March 2020.
Budget 2019: Government Announces Steps To Revive Shadow Banks
Business | NDTV Profit Team | Friday July 5, 2019
In her first Budget speech, Ms Sitharaman said, "For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of 1 lakh crore during the current financial year, government will provide one time six months' partial credit guarantee to public sector banks for first loss of up to 10 per cent."
Budget 2019: Time To Take Capital Markets Closer To Masses, Says Nirmala Sitharaman
Business | NDTV Profit Team | Friday July 5, 2019
This Budget is the first full budget by the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government after returning to power in May.
Budget: Government Must Ensure Predictable Policy Actions, Says Economic Survey
Business | Press Trust of India | Thursday July 4, 2019
The document stated that policymakers at the highest level must monitor the economic policy uncertainty index on a quarterly basis.
Budget 2019 Likely To Hike Spending To Combat Slumping Growth
Business | Thomson Reuters | Thursday July 4, 2019
Analysts say PM Modi, boosted by a sweeping election victory, hopes to use the budget to restart reforms and deal with a series of economic woes.
Putting Economy On Accelerated Growth Path A Daunting Task: India Ratings
Business | NDTV Profit Team | Monday July 1, 2019
Indian Ratings said that the government in Budget 2019 needs to come up with a five-year road map on tax reforms especially for corporate tax rates.
Budget 2019 To Shape The Future Trend Of Equity Market, Say Experts
Business | NDTV Profit Team | Friday June 28, 2019
The S&P Sensex and NSE Nifty 50 Indexes corrected 0.8 per cent and 1.12 per cent respectively in the month of June and all eyes will be on the Budget.
Union Budget 2019: Industry Body For Lower Taxes To Incentivise Equity Investments
Business | NDTV Profit Team | Friday June 28, 2019
Budget 2019 date: CII in a statement said that the tax rate on all corporate taxpayers should be reduced to 25 per cent unconditionally without any turnover criteria
RBI Panel For Rs 5,000 Crore Distressed Asset Fund For Small Enterprises
Business | Indo-Asian News Service | Tuesday June 25, 2019
RBI panel also suggested a government sponsored fund of funds (FoF) to support venture capitalists and private equity firms investing in the MSMEs.
Industry, Government Finances At Graver Risk From Drought: Experts
Business | Indo-Asian News Service | Monday June 17, 2019
The economy, reeling under a consumption slowdown owing to farm distress, stagnant wages and high interest costs, will be hit hard by such a weather phenomenon.
Trade Deficit Widens To $15.36 Billion As Imports Grow 4.3% In May
Business | Press Trust of India | Friday June 14, 2019
Oil imports rose by 8.23 per cent to $12.44 billion and non-oil imports expanded by 2.9 per cent to $32.91 billion during the month under review.
Centre Cuts Employees' State Insurance Contribution Rate, To Benefit 3.6 Crore People
Business | Press Trust of India | Friday June 14, 2019
The reduced rates will take effect from July 1, 2019, the Ministry of Labour said in a release. It would benefit 3.6 crore employees and 12.85 lakh employers.
Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
Business | NDTV Profit Team | Thursday June 13, 2019
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
Rs 7.23-Lakh-Crore Loans Sanctioned Under Mudra Scheme: Piyush Goyal
Business | Press Trust of India | Friday February 1, 2019
Budget 2019: Under the Mudra scheme, the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore, the minister said.
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