In a first, PMO assigns work for junior ministers

Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers, report Sanjeeb Mukherjee and Archis Mohan. Within about a fortnight of......

Meet Nirmalaji's Core Budget Team

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets. IMAGE: Finance Minister Nirmala Sitharaman distributes halwa......

Nirmalaji, What Surprises Can We Expect?

IMAGE: Finance Minister Nirmala Sitharaman and Minister of State for Finance Dr Bhagwat Kishanrao Karad at the Halwa ceremony as the final stage preparations for the Interim Union Budget 2024......

Equity FDI inflows nearly halve on global overhang

Showing the effect of the slowdown in global economic activity, the equity foreign direct investment (FDI) into India declined sharply to $13.9 billion in April-July 2023 from $22.04 billion a year......

IDBI Bank financial bids expected by June

The government and Life Insurance Corporation’s (LIC’s) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the......