The government has approved revival of 7 sick central PSUs through disinvestment or joint venture route. These companies have been chosen for revival based on the recommendations of...
Government recently launched the ‘Swachh Bharat Kosh’- a fund that will be utilised to build toilets in schools, rural and urban areas to achieve the objective of cleanliness...
Kotak Mahindra Bank has announced that it would acquire Bengalaru-headquartered ING Vysya Bank in an all-stock deal. The deal will be final after regulatory approvals, including those from the...
The Securities and Exchange Board of India (SEBI) has revamped the rules related to the Insider trading for the protection of the smaller investors. Insider trading refers to the...
On 18th November 2014, Union Government re-launched Kisan Vikas Patra scheme (KVP) in New Delhi to encourage the habit of small savings among the citizens. The scheme will...
NDA government is launching, the modified version of Direct Benefit Transfer for LPG ( DBTL) scheme in 54 districts from 15th November 2014 and all over the country...
The NDA Government has decided to launch scheme in order to infuse Rs 2,375.42 crore to revive 23 District Central Cooperative Banks (DCCBs) in 4 states, which were on...
On 30th October 2014, Finance Ministry has announced new mandatory austerity measures. Government aims to restrict fiscal deficit to 4.1 per cent of GDP in 2014-15 and hence,...
21 Asian countries, including India, have signed an agreement to become the founding members of the Asian Infrastructure Investment Bank (AIIB). China’s Vice-Finance Minister Jin Liqun, who has...
The recently approved Infrastructure Debt Fund (IDF) will be based on a tripartite agreement b/w developer, lender (bank) and the IDF. The decision has been taken to infusing...