Economy - Page 165

With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation, all the states barring Jharkhand have joined the Centre’s suggested formula on compensation settlement. The

The Finance Ministry has laid down the growth numbers in foreign institutional investment (FII), foreign portfolio investments (FPI) and corporate bond issuances to show a positive momentum in the Indian economy. “The

Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly owned subsidiary of Singapore-based DBS Group Holdings Ltd. In a statement on Monday, DBS Bank said that

Faster-than-anticipated economic recovery along with likely continuation of accommodative monetary stance will support the domestic indices’ expected northward trajectory during the week ahead. However, spurts of likely profit bookings coupled with expensive

The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the FDI equity