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In the last Budget, the Centre had announced that the FDI limit would be raised from 49 per cent to 100 per cent for insurance intermediaries like aggregators, brokers, marketing firms and corporate agents.

Chinese FDI has been coming down in 3 years

The total FDI inflow from Chinese companies in India stood at $350 million in 2017-18.

16 Sept 2020 8:45 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das . (PTI Photo)

Economic recovery in India likely to be gradual: RBI governor...

Indian economy contracted 23.9 per cent in the first quarter of the current financial year

16 Sept 2020 1:08 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

NBFCs witness 15-20 per cent improvement in retail lending in last 2...

Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath...

10 Sept 2020 10:44 AM IST

Fitch Ratings on Tuesday projected a massive 10.5 per cent contraction of Indias economy in the current financial year. (PTI Photo)

Indian economy to contract 10.5% this fiscal, says Fitch

India-'s GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global...

8 Sept 2020 2:47 PM IST

Life Insurance Corporation of India.

Centre likely to sell 25 per cent stake in LIC; Rahul Gandhi slams...

The government is likely to float an IPO (Initial Public Offering) to raise the necessary amount of money

8 Sept 2020 2:20 PM IST

Representational image

Corporate loan recast roadmap, financial ratios for 26 sectors...

Kamath-led committee says 72% of the debt of the banking industry has been Covid-affected

8 Sept 2020 9:57 AM IST

In a long journey of 8+ Years Companys team size grows from 10 to 250+ highly skilled app developers and opened offices in New York, USA, France, UK, UAE, and Australia to get more business opportunities from local businesses.

Andhra Pradesh leads in implementing business reforms, Telangana...

The DPIIT conducts the exercise for all states/UTs under the Business Reform Action Plan (BRAP).

5 Sept 2020 5:33 PM IST

Migrant workers from UP state sit stuffed inside a goods truck on the outskirts of Hyderabad hoping to be driven to their villages in UP. (AP)

Finally, it falls to the farmer to rescue India-'s parlous GDP

Growing at 3.4%, farm sector may be a safe haven for millions of corona refugees from urban India

1 Sept 2020 9:48 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

Indian economy contracts 23.9% due to COVID-19 impact

Agriculture stood out as the only outlier; allÂ other sectors, including manufacturing, construction and services,...

31 Aug 2020 10:09 PM IST

The production of 8 core sectors had expanded by 2.6 per cent in July 2019. (PTI Photo)

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

31 Aug 2020 5:04 PM IST

Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

GDP to contract by 18.3% as economy set for weakest quarterly growth...

Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively

31 Aug 2020 9:06 AM IST

Union Finance Minister Nirmala Sitharaman chairs the 41st GST Council meeting via video conferencing, in New Delhi, Thursday, Aug 27, 2020. MoS for Finance Anurag Thakur and Finance Secretary Ajay Bhushan Pandey are also seen.

Centre writes to states on options of borrowing money to meet GST...

Compensation payment has been an issue since August 2019 with GST collections faltering.

29 Aug 2020 7:58 PM IST