The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......
The Planning Commission is in favour of increasing the government's planned expenditure to support sectors that have been adversely affected by the current economic slowdown. Replying to a question......
The World Bank has said that India's move to allow its infrastructure finance company IIFCL raise Rs 40,000 crore (Rs 400 billion) to fund core sector would help the country to perk up slackening......
The government's showcase Indian Infrastructure Finance Company Ltd has run into trouble with two leading global banks - Standard Chartered Bank and Calyon Credit Agricole - suggesting that they......
Finance Minister P Chidambaram said on Tuesday the government has received a proposal from the Prime Minister's Council on Trade & Industry for setting up a $5 billion sovereign wealth fund. The......