Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.

March 03, 2020 01:22 IST
As per Thursday’s stock closing prices on the BSE, market capitalisation of AU Small Finance Bank (AUSFB) stood at Rs 35,847 crore, compared to Rs 31,632 crore of PNB.
Tue, Mar 03, 2020
February 28, 2020 01:21 IST
The government will have to first amend the LIC Act before taking the Corporation public. The Department of Financial Services is working on the structuring, modalities and timing of the proposed IPO of LIC.
Fri, Feb 28, 2020
February 07, 2020 01:03 IST
The focus of the Delhi government’s Budgets has been to increase spending on health, education and transport sectors, even as it has come at a cost of working losses of entities like Delhi Transport Corporation (DTC) and Delhi Jal Board surging over the years.
Fri, Feb 07, 2020
February 03, 2020 04:49 IST
The government has also proposed to reduce the number of days for individuals to be considered as Indian residents for tax purposes to 120 or more, from 182 or more at present.
Mon, Feb 03, 2020
February 03, 2020 04:48 IST
New Income Tax slabs: In absolute terms, out of 5.78 crore tax filers, about 5.3 crore (91.7 per cent) claimed deductions of less than Rs 2 lakh, including those under section 80C, Section 80D, section 80CCD(1B) (additional deduction of NPS), deduction for housing loan interest and standard deduction in 2018-19.
Mon, Feb 03, 2020
February 03, 2020 01:11 IST
The government will have to first amend the LIC Act of 1956 before taking the Corporation public.
Mon, Feb 03, 2020
February 02, 2020 05:53 IST
With the government’s borrowing programme rising next year, along with expansion in the fiscal deficit to 3.5 per cent of GDP, the Centre plans to float a new debt exchange-traded fund (ETF) that will comprise of government securities (G-sec).
Sun, Feb 02, 2020
February 02, 2020 04:55 IST
Finance Minister Nirmala Sitharaman also proposed to sell the government’s equity in the stressed IDBI Bank to private, retail and institutional investors through the stock exchange.
Sun, Feb 02, 2020
February 02, 2020 04:37 IST
This scheme will co-exist with the existing tax structure and will be optional. While the existing tax system has four tax slabs, the new one has seven tax slabs and offers lower tax rates.
Sun, Feb 02, 2020
February 02, 2020 03:57 IST
The Commission’s report, along with an action taken report, was submitted in Parliament today. The Commission has earlier submitted its report to President Ram Nath Kovind last December.
Sun, Feb 02, 2020
February 01, 2020 22:07 IST
The government is expecting to raise Rs 90,000 crore through stake sale in LIC and IDBI Bank, and another Rs 1.2 lakh crore through other disinvestment.
Sat, Feb 01, 2020
February 01, 2020 21:47 IST
This scheme will co-exist with the existing tax structure and will be optional. While the existing tax system has four tax slabs, the new one has seven tax slabs and offers lower tax rates.
Sat, Feb 01, 2020
February 01, 2020 04:45 IST
In the case of state-owned banks, while the Survey does not advocate privatisation, it suggests granting stock options to bank employees, on the lines of private banks, to motivate them, as well as better use of data analytics and fintech platforms to improve bank productivity.
Sat, Feb 01, 2020
January 27, 2020 02:46 IST
The mechanism proposed by the Ministry — which is likely to be brought in through a new law — envisages setting up of a Resolution Authority comprising members from financial sector regulators as well as senior government officials as its members.
Mon, Jan 27, 2020
January 25, 2020 04:58 IST
The list of items that may see imposition of non-tariff barriers may include silk and garments, mobile charger, printer, electronic broadcasting equipment, toys, electrical lights, handicrafts, vegetables & fruit and copper alloys.
Sat, Jan 25, 2020
January 24, 2020 05:29 IST
The Centre is also expected to miss on its target from disinvestment collections. In this year’s Budget, the government has set a disinvestment target of Rs 1,05,000 crore, compared to Rs 80,000 crore in 2018-19. However, the Centre has raised only Rs 18,094.59 crore so far.
Fri, Jan 24, 2020
January 22, 2020 03:15 IST
The Paradip Port Trust will invite bids from private players for execution of the project, which will enable construction of Western dock captive berths to handle capesize vessels.
Wed, Jan 22, 2020
January 16, 2020 03:08 IST
CPSEs MMTC, NMDC, BHEL and MECON, along with Industrial Promotion and Investment Corporation of Odisha Ltd and Odisha Mining Corporation, will sell their respective stakes in Neelachal Ispat Nigam Limited to a strategic buyer.
Thu, Jan 16, 2020
January 12, 2020 05:09 IST
The fund will provide credit enhancement to such lower rated projects, enabling them to raise loans at better rates while improving their viability.
Sun, Jan 12, 2020
January 07, 2020 04:28 IST
A series of discussions have been held within the government to promote economic growth and a reduction in the tax burden is seen as having a direct impact on boosting consumption.
Fri, Jan 17, 2020
January 04, 2020 04:36 IST
Sections within the government as well as leading market players have noted that LTCG has not yielded much in terms of revenue. The tax was imposed after direct intervention by Prime Minister Narendra Modi seeking financial market players to make a fair contribution for nation building.
Sat, Jan 04, 2020
January 01, 2020 04:20 IST
There have been calls for the government to lead the revival through aggressive spending. The question is whether the government has the wherewithal to do so.
Wed, Jan 01, 2020
December 27, 2019 03:02 IST
The government has cleared plans for complete sale of its equity in BPCL, Shipping Corporation of India Ltd and Air India, while approving majority stake sale in Container Corporation of India Ltd (CONCOR) along with transfer of management control.
Fri, Dec 27, 2019
December 18, 2019 03:08 IST
The industry and government should also work to narrow the trust deficit between the two, he said.
Wed, Dec 18, 2019
December 09, 2019 04:38 IST
Despite the recent gush of foreign fund flows into the equity and debt markets, the rupee has remained relatively weak against the United States dollar.
Mon, Dec 09, 2019

