New Delhi: The government is working on a set of measures to remove friction points in the economy with a view to ensuring easy availability of funds to productive sectors and stimulate overall growth, sources said.
NEW DELHI: Giving a relief to startups, the finance ministry has simplified the angel-tax assessment process under which any action would be taken against such entities only after approval of a supervisory officer.
Mumbai: The Indian rupee could find itself needing a short-term fix as a trade war between the US and China is showing signs of morphing into a currency war.
It always works, when you know what you’re doing
NEW DELHI: India is considering allowing 100% foreign direct investment (FDI) in contract manufacturing to give a boost to manufacturing in the country along with foreign inflows.
The Reserve Bank of India (RBI) cut its policy rate for the fourth consecutive policy review on August 7, nudging banks to pass on the benefit to borrowers.