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....

Mukesh Ambani, who is the chairman of the oil-to-telecom conglomerate Reliance Industries, said by the year of 2030, the Asian region is expected to contribute nearly 60 per cent to global growth. "By 2030, the Asian region is expected...

Insisting on taking an approach which is climate-centric and sustainable - not just from an environment point of view, but also from a financial perspective, NITI Aayog CEO, Amitabh Kant on Tuesday has said that the green financing will enable low...

The prices of Bitcoin as well as other cryptocurrencies fell as the global crypto market was trading in the red after Russian President Vladimir Putin made a defiant speech amid escalating tensions on the Russia-Ukraine border, according to...

Finance is the life blood for a business and it is extremely important that businesses have or acquire ample financial resources so that they can run their business without having to adversely impact their operations. For many years IPOs or...