Both the Lok Sabha and Rajya Sabha were on Thursday adjourned sine die, bringing the nearly two-month long Budget session to an end. The session started on January 29 and was originally slated to......
Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman. Illustration: Uttam Ghosh/Rediff.com The Cabinet has......
Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next......
The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment......
For development finance institution to succeed now, the government must stand like a rock behind it and be patient. Anup Roy, Nikunj Ohri & Abhijit Lele report. Illustration: Dominic......
All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, says Financial Services Secretary Debasish Panda. Illustration: Dominic......