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Budget 2015: Hitting the right notes for the alternative investments fund industry
The Union Budget 2015 (‘Budget’ or ‘Finance Bill’) was presented in the backdrop of a need for a significant push ......
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Service sector activity in February rises to 8-month high
Business sentiment for the services sector as measured by the HSBC Purchasing Managers' Index (PMI), adjusted for seasonal factors, rose ......
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RBI cuts rate again by 25 bps to 7.5%
Raghuram Rajan-led RBI, which had been cautious in loosening its monetary policy stance, surprised the markets again with another cut ......
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SAIF Partners closes new India-focused VC fund at $350M
Venture capital and growth equity investment firm SAIF Partners has raised $350 million (Rs 2,170 crore) to make a final ......
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Govt to introduce monetary policy framework with focus on flexible inflation targeting
The government and the Reserve Bank of India (RBI) decided to introduce a modern monetary policy framework with a primary ......
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Medium-size cos, export fin & renewable energy may get priority sector lending status
The Reserve Bank of India (RBI) on Monday released a report on redesigning priority sector lending (PSL) norms, which proposes ......
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Moody's Indian arm ICRA elevates Vivek Mathur as CFO
Domestic credit rating agency ICRA Limited has appointed Vivek Mathur, currently executive vice president, as chief financial officer of the ......
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IMF expects Indian GDP growth to be below government's forecast
India needs to reduce subsidies, implement comprehensive tax reforms and a maintain a tight monetary policy to maintain its growth ......
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Industrialist Deepak Khaitan passes away
Kolkata-based industrialist Deepak Khaitan died at his home here today after prolonged illness, his family said. He was 59.He is survived ......
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Indian ultra-rich population to double by 2024: Knight Frank
Wealth creation in India is likely to accelerate significantly with the number of ultra-wealthy individuals expected to double to 3,371 ......
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