Andhra Pradesh has became the first state in the country to successfully undertake ease of doing business reforms and has thus become eligible to raise an additional amount of Rs 2,525 crore through open market borrowings

This is third straight reduction in rate in one year. Price was cut by a steep 26 per cent to $2.39 in April. Rate paid to producers of new gas from difficult fields such as deepsea has also been cut to $4.06 per mmBtu from $5.61

Government wants to promote the domestic telecom equipment industry by keeping out Chinese vendors. But that's easier said than done

The defence ministry approved procurement of Static HF Tans-receiver sets and Smart Anti Airfield Weapon (SAAW) at a cost of around Rs 1,510 crore and Sig Sauer assault rifles for Rs 780 crore

The Vodafone Group on Friday won the bilateral investment treaty (BIT) arbitration against the Indian government in the Rs 14,200 tax dispute case

Five states allowed to borrow Rs 9,913 crore on meeting reform targets Centre has allowed five states to raise additional funds to the tune of Rs 9,913 crore through open market borrowings (OMB). The Department of Expenditure has allowed Andhra Pradesh, Telangana, Goa, Karnataka and Tripura to procure financial resources after they \"successfully met the reform condition of implementation of One Nation One Ration Card System,\" Ministry of Finance said in a statement on Thursday. Harley D...

Out of these five states, Andhra Pradesh has been allowed to borrow Rs 2,525 crore, Telangana Rs 2,508 crore, Karnataka Rs 4,509 crore, Goa Rs 223 crore, and Tripura Rs 148 crore

Stocks to watch today on September 24: RIL, HDFC, TCS, Dr Reddy, Sun Pharma, Zydus Wellness, TCS among others are the top stocks to watch out for in Thursday's trading session

After interacting with the industry, the government is finalising a list of potential export products against which exports of textile and apparel can be enhanced

According to All India Kisan Sangharsh Coordination Committee, wheat which has an MSP Rs 1,925 per quintal is selling today at Rs 1,400 per quintal causing massive losses to farmers

Even as the government has announced a range of relief measures amid the ongoing COVID-19 pandemic, a majority of businesses say that enough has not been done and more support is expected for revival

A new research paper by former RBI Governor Raghuram Rajan and former deputy Governor Viral Acharya talks about a range of issues including management of bad loans, winding up of the Financial Services Department in the Finance Ministry and reforms in public sector banks

Former Reserve Bank of India (RBI)governor Raghuram Rajan and former deputy governor Viral Acharya have together proposed winding down of Department of Financial Services in the Finance Ministry

Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

Retail inflation so far has been in the tolerance range of MPC except for breach in July. In June, retail inflation was 6.09 per cent.  At the same time, WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively

Finance Minister Nirmala Sitharaman in May announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for payment of their dues till March 2020

Mining and manufacturing activities recorded 13 per cent and 11 per cent decline, respectively during July, data from National Statistical Office showed, while electrcity generation fell 2.5 per cent as power demand improved

Peak power demand met is the highest energy supply during the day across the country. The government had imposed the lockdown from March 25 to fight the deadly coronavirus in the country

Mahindra said India is known for its skills of frugal innovation but lamented that the same has not been visible in the solar energy technology front