April 27, 2022 7:08 am
According to the Ministry, there are about 8.54 lakh cooperative societies. They include 95,000 PACS, which are societies at the village level, both credit and non-credit. Currently, only 63,000 PACs are operational.
April 24, 2022 5:06 am
The DoT may not go for further cut in licence fee and other statutory fees, an official said, adding that the number of telecom users in India is far more than most other geographies
April 08, 2022 9:29 am
The Insurance Regulatory and Development Authority of India is reviewing the Rs 100 crore capital, which is the minimum requirement for any new player to begin an insurance venture.
November 07, 2021 1:08 am
According to the RBI data released on Friday, foreign currency assets (FCA), a vital component of the overall reserves, rose by $1.363 billion to $578.462 billion for the reporting week.
June 21, 2021 12:54 pm
The pandemic boosted demand for digital infrastructure and services globally which led to higher values of greenfield FDI project announcements targeting the ICT industry, rising by more than 22 per cent to USD 81 billion.
June 16, 2021 3:44 am
The move, initially proposed by the Petroleum Ministry, will be placed before the Cabinet by the Department of Promotion of Industry and Internal Trade (DPIIT). The divestment of the Centre’s 53 per cent stake in BPCL is a key part of the former’s disinvestment target of Rs 1.75 lakh crore for FY22.
May 25, 2021 3:35 am
Singapore remained the top FDI source, accounting for 29 per cent of the inflows last fiscal, followed by the US (23 per cent) and Mauritius (9 per cent).
May 18, 2021 6:23 am
According to data released by the Reserve Bank of India (RBI), while the direct investment to India in FY21 stood at $54.665 billion, FDI by India amounted to $11.299 billion, thereby resulting into a net FDI of $43.336 billion.
March 10, 2021 12:08 am
An inter-ministerial committee formed to scrutinise these proposals does not decide on approvals to these FDI proposals, for which government approval was made mandatory in April 2020.
March 06, 2021 2:53 am
Government officials said the pandemic impacted the industrial sector overall. "It not only impacted the industrial production but also consumer consumption," said an official.