A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
In the third of the series, Suren Kochchar offers six pointers to help women achieve financial goals. An International Women's Day Special.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Salil Dhawan explains how as you progress in your career you can also grow your money at a phenomenal pace if you start investing early.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
India is only on the starting block.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
A provision of Rs 15,000 crore has been made in the budgetary estimate of 2016-17 towards interest subvention.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
If you want to create wealth IGNORE these excuses!
Four Indian Paralympics medal winners at the Rio Games last month -- Devendra Jhajharia, Mariyappan Thangavelu, Deepa Malik and Varun Singh Bhati -- were on Monday felicitated by a host of personalities, including cricket legend Sachin Tendulkar.
Tamil Nadu Tennis Association Vice President Karti Chidambaram says the top 5-6 players such as Yuki Bhambri, Ramkumar Ramanathan, Sumit Nagal, Dhakshineshwar Suresh and Nitin Sinha should be supported to travel with a common coach and trainer, play 26 tournaments, out of which at least 18 are abroad, train for 20 weeks and have six weeks of rest in a year.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'If not, we can become frighteningly chaotic, more chaotic than what we are today.' 'In today's environment in the country, we still have a window of opportunity.'
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on