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Nirmala Sitharaman

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

Economy

25 March, 2020

Govt may unveil $20-bn stimulus package to tackle coronavirus downturn

India is likely to agree an economic stimulus package of more than 1.5 trillion rupees ($19.6 billion) to fight a ......

Nifty, Sensex settle higher on stimulus promise

Markets

24 March, 2020

Nifty, Sensex settle higher on stimulus promise

Indian shares closed 3% higher on Tuesday after the country's finance minister said the government would announce an economic stimulus ......

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

Finance

24 March, 2020

Govt to unveil fiscal package to help economy face coronavirus: Sitharaman

India’s government will soon announce a fiscal package to help the economy face the impact of the coronavirus, Finance Minister ......

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

Finance

09 March, 2020

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

Finance

06 March, 2020

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......

As govt revenue falls, taxmen target jewellers in three-year-old demonetisation cases

Finance

27 February, 2020

As govt revenue falls, taxmen target jewellers in three-year-old demonetisation cases

Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to ......

Sensex, Nifty snap four-day losing streak as govt promises to tackle virus impact

Markets

19 February, 2020

Sensex, Nifty snap four-day losing streak as govt promises to tackle virus impact

Indian stocks closed higher on Wednesday, snapping a four-session losing streak, as a fall in new coronavirus cases in China ......

Govt may issue $5 bn of bonds with no foreign investment cap

Finance

04 February, 2020

Govt may issue $5 bn of bonds with no foreign investment cap

India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, ......

Budget 2020 unlikely to revive growth, say economists

Finance

03 February, 2020

Budget 2020 unlikely to revive growth, say economists

India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a ......

Budget 2020: Import tax hike may hurt IKEA, other foreign firms

TMT

01 February, 2020

Budget 2020: Import tax hike may hurt IKEA, other foreign firms

India on Saturday raised taxes on imports of goods such as electronic items, toys and furniture, aiming to give impetus ......