G8 urges Europe to move on bank reform, Japan to fix budget

In the medium-term, the GFD-GDP ratio is expected to decline to 3.0 per cent by 2016-17.

India's mutual fund industry, which had an action-packed period last year, expects the government to continue with its reform measures for the sector. They hope that in the upcoming Union Budget, the government should address various issues the sector is ...

The Union Budget has allocated larger funds for the health sector for FY14, at Rs 37,330 crore from the revised estimates of Rs 24,894 crore for FY13. The Budget allocation for 2013-14 is 0.32 per

Reserve Bank of India will, as announced in the Union budget, issue a different category of debt products called inflation indexed bonds from June 4. By: Ruchira Roy Chowdhury MUMBAI: Inflation-linked bonds may do little to attract the retail investor away ...

In line with the Budget announcement by the Union finance minister P. Chidambaram, the group of ministers (GoM) headed by Sharad Pawar on Thursday agreed to merge the existing 147 Centrally-sponsored schemes into 70 programmes administered by various ...

The womens bank, mooted in the Union Budget for FY2014, should be floated as a joint venture between the Government, five-six major public sector banks and a development financial institution, according to Nabard. The National Bank for Agriculture and Rural ...

Union Finance Minister P Chidambaram on Tuesday ruled out levying wealth tax on farmland, two months after the Budget proposed a 1 per cent tax on such land falling within an eight km radius from urban areas. He also announced changes in tax laws to attract ...

Union finance minister P Chidambaram says that Rs 20,000 crore can be saved out of the oil subsidy budget in the current financial year, which then can be used as cash payouts to oil firms and he does not expect more subsidy demands from the oil ministry ...

Leading EU officials meet later Monday to try and break a deadlock on the bloc's budget for the rest of the decade with a summit of feuding national leaders looming on May 22.