Saudi Arabia's Crown Prince and de facto ruler Mohammed bin Salman has put Public Investment Fund (PIF), Saudi Arabia's main sovereign wealth fund, at the centre of reforms aimed at diversifying the economy of the world's top oil exporter away from fossil fuel

To emerge stronger, it is important for us as a country to bridge the gap between policy announcements and their implementation by strengthening and empowering institutions to bolster economic growth

Stock Market Updates Today: Sun Pharma, ITC, HDFC were trading among the top losers today while RIL, L&T, Maruti were among the top gainers

The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India, two officials told Reuters on condition of anonymity as the matter is not yet public

As per PHDCCI, nine out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by the agency, have performed positive

Stock Market News Updates Today: RIL, Bajaj twins, Airtel were among the top gainers while, Nestle, TCS, Axis Bank, L&T traded as the top losers

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

The country is witnessing a 'V' shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months, says Minister of State for Finance Anurag Singh Thakur

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

Budget 2021 has re-imagined both spending and borrowing and reposed faith in large-scale infrastructure building and healthcare as well as bold disinvestment to trigger economic growth and consumption cycle in the economy. That's just what the doctor ordered

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

Dalal Street gave a big thumbs-up as Finance Minister Nirmala Sitharaman shifted gears towards demand generation in the economy, without raising taxes

The Budget focuses on growth to create jobs but lacks holistic measures to solve the problem of massive unemployment

Hero MotoCorp starts distribution of Harley Davidson bikes in India; sets up dedicated vertical Two-wheeler manufacturer Hero MotoCorp has kicked-off distribution of Harley Davidson motorcycles in India and has set up a dedicated vertical for the same. In an exchange filing on Wednesday, the auto major said that the firm is setting up a separate vertical to operate new business of distributing Harley Davidson products and merchandise in the country. This announcement came several months aft...

On the direct tax collection targets for 2021-22, CBDT Chairman PC Mody said that the projections are \"realistic and not ambitious\"; we are confident about achieving the target, he added

Moody's expects India's nominal GDP growth to rise close to 17 per cent in fiscal 2021, higher than 14.4 per cent pegged in the Union Budget 2021 

Fitch had placed India's \"BBB-\" rating on a negative outlook in June 2020 due to the pandemic's impact on growth prospects and the challenges of the high debt burden

Government's streategy of recognition, resolution, recapitalisation and reforms have resulted in decline of NPAs by Rs 2,27,388 crore to Rs 8,08,799 crore as on September 30, 2020, Minister of State for Finance Anurag Thakur said

Bold measures have been proposed in the budget, such as privatisation of two public sector banks and a general insurance company in this fiscal, higher FDI in the insurance sector, exhibiting India's confidence to be globally competitive

Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, hailed the focus on healthcare, infrastructure and financial sectors