The first batch of payment to states and Union Territories amounting to Rs 75,000 crore to meet compensation shortfall under Goods and Services Tax (GST) for financial year 2021-22 was released on Thursday.

The multinational card network is barred from adding a new credit, debit or prepaid card customer in India beginning July 22, RBI in its press release statement, adding the order will not affect existing Mastercard customers.

The $1.3 billion IPO of Zomato Ltd. was completely subscribed on the opening day, a vote of confidence in a market where a slew of local entrepreneurs are gearing up to go public.

The International Financial Services Centres Authority (IFSCA) on Wednesday said it has set up an expert committee in order to recommend the road map for the development of Longevity Finance Hub....

India’s wholesale price inflation eased in June to 12.07 percent from a record 12.94% a month ago as food and fuel prices fell while those of manufactured items accelerated....

States borrowing costs continue to rise, yields soar back to 7 percent. The cost of borrowings for the states has been ruling over 6.9 percent since the third week of June. It has since risen by 24 bps since mid-June, and by 43 bps since,...

The initial public offering (IPO) of Zomato will open for subscription today, July 14, 2021, at a price band of Rs 72-76 per share. The offer will be available for subscription till Friday, July 16th, 20...

The Adani Airport Holdings Ltd (AAHL), a wholly-owned subsidiary of Adani Enterprises Limited, has taken over the management control of Mumbai International Airport Limited (MIAL),...

The government will “eventually” privatize most of the public sector banks and keep its presence to a bare minimum, as is the stated policy now, Finance Secretary TV Somanathan suggested on Tuesday.

Finance Minister Nirmala Sitharaman on Tuesday said that the launch of BHIM-UPI QR-based payments in Bhutan will further strengthen the cooperation between the two neighbouring nations....