NEW DELHI, Nov 19 (Reuters) – The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country’s markets regulator, a government source told Reuters. The finance ministry is likely to seek
BENGALURU, Jan 31 (Reuters) – The RBI (Reserve Bank of India) on Wednesday restricted Paytm Payments Bank Ltd from fresh deposits and credit transactions across its services, due to supervisory concerns. An audit report revealed “persistent non-compliances and continued material supervisory concerns
NEW DELHI, Jan 31 (Reuters) – India has cut the import duty on some parts used for manufacturing of mobile phones to 10% from 15%, a move benefiting companies like Apple, opens new tab and Xiaomi, opens new tab in manufacturing in
BAHBOLIYA MAHADA, India, Jan 31, (Reuters) – Jakir Khan, an Indian farm worker, says he has cut down on food as his income has halved. There are fewer and fewer opportunities, he says, for employment in his small village in Uttar Pradesh
NEW DELHI, Jan 30 (Reuters) – India’s Finance Minister Nirmala Sitharaman will on Thursday present the last federal budget of the current Narendra Modi-led administration before the country heads for polls in the summer. Industry lobby bodies are suggesting the government continue
