|
Govt may let FIs guarantee infrastructure bonds
Institutional guarantee may help break logjam on infrastructure financing front, draw more long-term investors.
Bulk of govt borrowing in H1: Montek
The government plans to carry out bulk of its targeted borrowing for fiscal 2010-11 in the first six months, the country?s top policy adviser has said.
Govt to tweak transaction rules with states
The Union government will initiate a series of changes in the way its transactions with states are recorded as it looks to meet stringent deficit targets over the next two years.
Govt to borrow more from mkt in H1 of 2010/11
The government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1.
PSBs should raise money from markets: Montek
Pitching for banking sector reforms, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday said PSU banks should look at stock markets to raise money to meet their capital adequacy norms and fund future growth.
GST will bring down cost of most goods: Govt
The government on Tuesday said the prices of most goods will declined with the implementation of the Goods and Services Tax (GST).
Finmin, RBI to meet end March on FY11 borrowing
The Reserve Bank of India (RBI) and finance ministry officials will meet in end-March to decide on the government's borrowing plan for the fiscal year 2010/11, a senior official said on Tuesday.
India's third best choice for PE companies
India is ranked among the top three investment destinations for PE firms in the world, as per a report by consulting firm Bain & Company.
Banks face mega losses as bond yields hit 17-mth high
Falling bond prices could lead to losses for banks which hold government securities as part of regulatory obligation and also as investments.
'Over 24,000 cr spent on defence equipment purchase till Feb'
Government on Monday said Rs 24,122 crores has been spent till February 2010 to procure various defence equipment for the armed forces during the current financial year.
Government seeks to cut stake in State Bank of India to 51%
<p>Government could raise $1.2 billion at current market prices from the key reform move. <a href="/Markets/Statistics/marketcoverage.cms" target="_blank"><b>Check out the top gainers, losers and recommendations from analysts</b></a></p>
Govt plan to recapitalise PSU banks is credit positive
During the Union Budget, finance minister Pranab Mukherjee said that Rs 165 billion will be used to ensure that public sector banks are able to attain minimum 8% Tier 1 capital by March 2011.
Quest for fast growth lands India's microfinance institutions in soup
The quest for fast growth has landed india?s microfinance institutions in the soup. ET?s M Rajshekhar decodes the crisis and looks at the way forward
Plan panel may allocate more for JNNURM
The Planning Commission could consider giving more funds for the UPA?s flagship urban development programme Jawahar Lal Nehru Urban Renewal Mission if the scheme is able to improve utilisation.
FICCI decries MAT rate hike, calls for 26 pc peak rate
Apex industry chamber FICCI decried a 3 per cent hike in the Minimum Alternate Tax in Budget 2011, saying it over weighed the concessions in the corporate tax and the government should look at reducing the peak rate to 25.6 per cent from over 30 per cent now.
|
