The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC) to Rs 25,000 crore to facilitate its listing slated for the next fiscal. At p...

British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the company’s “strong powers of enforcement” t...

The Modi government is coming under increasing pressure to cut duties after Opec and allies decided to play hardball on output cuts. Finance minister Nirmala Sitharaman on Thursday admitted there was...

The Modi government is likely to challenge the $1.4 billion arbitration award to Cairn Energy. “Where I find arbitration award questioning India’s sovereign authority to tax... if there i...

The government on Friday rejected as “misleading, incorrect and misplaced” the Freedom House report for 2021 that has downgraded India from a “free” country to a “partly ...

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Reserve Bank of India governor Shakitkanta Das has on Thursday said there was a need for a co-ordinated action between the Centre and the state governments to reduce the taxes on petrol and diesel and...

All private sector banks will be allowed to handle government-related banking transactions such as the collection of taxes, pension payments and small savings schemes, the finance ministry announced o...

Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said there would be sufficient liquidity in the system and the apex bank would conduct the government’s borrowing programme in a...

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