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Finance

Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Deutsche Bank to cut 18,000 jobs in retreat from investment banking

Finance

08 July, 2019

Deutsche Bank to cut 18,000 jobs in retreat from investment banking

Deutsche Bank is to axe vast swathes of its trading desks in one of the biggest overhauls to an investment ......

Punjab National Bank detects $556 mn fraud by Bhushan Power & Steel

Finance

08 July, 2019

Punjab National Bank detects $556 mn fraud by Bhushan Power & Steel

The Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 ......

Budget 2019: Focus on boosting investment, but growth pills in short supply

Finance

05 July, 2019

Budget 2019: Focus on boosting investment, but growth pills in short supply

India on Friday outlined steps to attract greater foreign capital, ease stress on lenders struggling with bad loans and give ......

Budget 2019: A trillion-dollar push for infrastructure investment

Economy

05 July, 2019

Budget 2019: A trillion-dollar push for infrastructure investment

In a massive push for boosting infrastructure, the Union government announced on Friday that it intends to invest Rs 100 ......

Budget 2019: How India Inc. reacted to Modi 2.0's first financial road map

Finance

05 July, 2019

Budget 2019: How India Inc. reacted to Modi 2.0's first financial road map

Expectations were high as Nirmala Sitharaman took the podium to present the first Union Budget on Friday following the Narendra...

Europe's second-largest PE fund targets Asia Pacific as IPO decision looms

Finance

05 July, 2019

Europe's second-largest PE fund targets Asia Pacific as IPO decision looms

High above Stockholm’s skyline, Sweden’s EQT Partners is plotting the next chapter in its rapid rise from a Nordic-focused...

Budget 2019: Tighter FY20 fiscal deficit target challenging to achieve, says Moody's

Finance

05 July, 2019

Budget 2019: Tighter FY20 fiscal deficit target challenging to achieve, says Moody's

India’s decision to slightly lower its fiscal deficit target for 2019/20 is a step in the right direction but will ......

Budget 2019: RBI to get more powers; NBFCs receive a lifeline

Finance

05 July, 2019

Budget 2019: RBI to get more powers; NBFCs receive a lifeline

The government will give greater power to the central bank to regulate mortgage lenders and non-banking financial companies, as...

Budget 2019: Healthcare sector left wanting more despite sizeable increase in outlay

Economy

05 July, 2019

Budget 2019: Healthcare sector left wanting more despite sizeable increase in outlay

Union finance minister Nirmala Sitharaman on Friday nearly tripled the allocation for India's universal healthcare scheme...

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Budget 2019: PE, VC investors get a boost; angel tax norms eased

Finance

05 July, 2019

Budget 2019: PE, VC investors get a boost; angel tax norms eased

Finance minister Nirmala Sitharaman proposed on Friday a bunch of tax incentives to Alternative Investment Funds (AIFs) and cleared...

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