Amid the confusion regarding the merger of two or more Public Provident Fund (PPF) accounts, the ministry of finance has issued an Office Memorandum to clear the air around it. According to the PPF rule 2019, a person can't have more than...

One of the flagship events of the Karnataka government, "Bengaluru India Nano" having "Nano for Sustainable Future" as its theme, is scheduled to be held from March 7-9 and it will be inaugurated by Chief Minister Basavaraj...

Euro-zone inflation hit an all-time high, outstripping expectations as Russia’s invasion of Ukraine threatens to send energy costs soaring at an even faster pace. Consumer prices jumped 5.8 percent from a year ago in February, up from 5.1...

The Russian attack on Ukraine has harmed stock markets while driving up crude oil, basic metals, and agricultural products prices. With Russia's increasing invasion of Ukrainian territory, the West's sanctions have affected global supply...

According to statistics issued by the Finance Ministry on Tuesday, gross goods and services tax (GST) revenue collections in February (for sales in January) increased 17.6% year on year to Rs 1.33 lakh billion. This is the seventh month in a row...

US equity futures sank with the euro while the safe-haven dollar as well as yen were in demand on Monday after the Western nations imposed fresh sanctions on Russia owing to its invasion of Ukraine, including blocking some banks from the SWIFT...

The central government on Saturday, 26 February, has allowed for a cap of 20 percent Foreign Direct Investment (FDI) through the automatic route in the Initial Public Offering (IPO) of LIC, news agency PTI reported. This has been done to ensure...

In order that the Future Retail Limited (FRL) business could continue, Reliance has also extended working capital support due to which FRL has been able to pay its statutory dues, pay interest and one time settlement amount to the banks in order...

FDI refers to the investment of funds by an organisation situated in one country into another company of some other country, with the commitment of beginning a ‘lasting interest’. When an organisation acquires a minimum of 10% of...

India received total foreign direct investment of USD 60.3 billion during April to December 2021 which is 10.6 per cent lower when compared to the USD 67.5 billion of FDI received the same period of 2020-21, according to a government's data....