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Shares of seven civil construction companies gained 2% to 7% after the central government announced outlay of Rs 1.18 lakh crore For Ministry of Road Transport And Highways.
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Shares of six insurance companies added 3% to 5% after the central government proposed to amend Insurance Act to allow higher foreign direct investment (FDI) in insurance companies.
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The FM has announced that a Bill will be introduced to set up a developmental financial institution or DFI to fund long-term infrastructure projects with a capital of Rs 20,000 crore. This DFI will lend Rs 5 lakh crore in the next three years, the FM said. Powered by Capital Market – Live News
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Finance Minister Nirmala Sitharaman announced at the start of her budget speech for FY2020 that the pillars of this budget are health and well-being, physical and financial capital and infrastructure, human capital, innovation and R&D and minimum government, max governance. She announced Rs 35,000 crore for Covid vaccine drive and noted that the budget has […]
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Finance Minister noted that the preparation of budget was undertaken in an environment like never before. Global economy, which was slowing down, was pushed into uncertainty due to COVID-19. Through the past year, the Finance Minister announced a Rs 30-lakh-crore plan. The total estimate of all relief measures announced by government & RBI so far […]
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After Prime Minister Narendra Modi’s drive to curb the menace of plastic, bio-degradable and environment-friendly jute is back in focus.
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Bengal’s tea estates are located in north Bengal districts of Darjeeling, Kalimpong, Jalpaiguri, Alipurduar and Cooch Behar.
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With 'Financialising India' as the core theme, Money9 seeks to address the gap areas in the realm of financial literacy and help citizens take informed financial decisions.
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In an interview with Money9, Nilesh Shah highlighted the importance of financial planning and also expressed his views on the upcoming Budget.
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For a change, the Economic Survey advises RBI on NPA management calling for more limited usage of regulatory forbearance to be followed by prompt Asset Quality Review.
