Tamil Nadu on Wednesday said it will borrow Rs 9,627 crore through open market borrowings to meet its GST revenue shortfall, becoming the 21st state to go for option 1 of the borrowing plans suggested...

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring co-operative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The bill repl...

The government is looking at multiple options to redress its fiscal math, with the fiscal deficit till November well past the target set for the budget.Rising subsidies on food, fertiliser and fuel, ...

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States like Nagaland, which are generally revenue deficit, will not benefit from the proposed increase in the share of taxes of states from 42 per cent to 50 per cent, Nagaland chief minister Neiphiu ...

The Securities and Exchange Board of India was set up by the government to regulate the capital markets along with the listed companies whose shares are traded in equity markets. There is a proposal i...

The income tax department has so far mopped up over half the targeted direct tax revenue for this fiscal — at more than Rs 6.63 lakh crore.The department has till now (updated till November 15) made...

A new economic problem has surfaced, which reflects yet another aspect of the hasty and poorly worked out implementation of the goods and services tax. The problem pertains to the promised compensatio...

The Indian Medical Association, the country’s largest body of doctors, on Sunday batted for universal health care directly funded by tax revenues instead of the insurance-based model through which t...