India, Feb. 3 -- There is a definite shift in policy and strategy from last year's populist and consumption spend led economy growth budget. This is towards the necessary Capex, infrastructure and inv... Read More
India, Feb. 3 -- The Finance Ministry is contemplating hiking foreign direct investment in public sector banks to 49 per cent from the current 20 per cent to enhance their capital base. "We are still ... Read More
India, Feb. 3 -- Sustaining a 7-8 per cent economic growth is the government's top priority, as it will benefit all citizens and create more jobs, Finance Minister Nirmala Sitharaman has said.In an in... Read More
India, Feb. 3 -- The Central Government will have to tread very carefully so that its fiscal targets and debt glide path are adhered to, considering the huge amounts that will be given to the states p... Read More
India, Feb. 3 -- India's budget demonstrates the ongoing commitment to maintaining macro stability through a gradual path of government debt reduction balanced against a still-robust capex program to ... Read More
Nairobi, Feb. 3 -- A former Kenya Revenue Authority (KRA) officer was unfairly dismissed after being set up as the "fall person" in a sugar smuggling racket at the Busia border, the Employment and Lab... Read More
Nairobi, Feb. 3 -- The Kenya Revenue Authority (KRA) has received backing from the Tax Appeals Tribunal to tax unexplained bank deposits in the fight against tax evasion. The tribunal ruled that mone... Read More
New Delhi, Feb. 2 -- Congress MP Vamsi Krishna Gaddam on Monday strongly defended Leader of Opposition in the Lok Sabha Rahul Gandhi following heated exchanges in Parliament, accusing the Bharatiya Ja... Read More
India, Feb. 2 -- The Union Budget 2026-27 introduces multiple measures to modernise and sustain the Indian textile industry. Key initiatives include the National Fibre Scheme, Tex-Eco Initiative, and... Read More
New Delhi, Feb. 2 -- In a setback for investors, Budget 2026 imposed capital gain taxes on Sovereign Gold Bonds (SGBs) that have not been directly bought from the Reserve Bank of India (RBI), after ye... Read More