What is deficit financing?
For developing countries like India, higher economic growth is a priority. A higher economic growth requires finances. With the private sector being shy of making huge expenditure, the responsibility of drawing financial resources rests on the government.
Kalpataru Power successfully commissions Alipurduar - Siliguri line
Kalpataru Power Transmission Ltd said its wholly owned subsidiary Alipurd...
ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official
In a panel discussion under ETRise Dialogue, ...
Dhingra Commission report: Ammo in BJP's hand ahead of Delhi polls
As the battle for Delhi heats up, BJP launched a blistering attack on the Congress for its alleged involvement in the 1984 anti-Sikh riots citing the the Justice Dhingra Commission report that was submitted to the government on Thursday.
L&T Finance Holdings Q3 profit inches up to Rs 591 crore
The NBFC said it continued to deliver top quartile return on equity at 16.51 per cent.
Anti-CAA protests: Court asks police to verify if Bhim Army Chief has an office in Delhi
The court had restrained Azad from visiting Delhi for four weeks and directed him to not hold any dharna till the elections in the national capital, while granting him bail in a case related to violent protests at Daryaganj. The court directed the police to verify from the EC whether Azad's office in Delhi is an office of a political party.
Kiran Mazumdar-Shaw conferred with Australia's highest civilian honour
Australia's High Commissioner to India Harinder Sidhu invested Mazumdar-Shaw as an Honorary Member within the Order of Australia (AM) in the General Division at a ceremony in Bengaluru on Friday. An alumnus of Federation University Australia, Mazumdar-Shaw is the founder of Biocon â€“ one of India's largest bio-pharmaceutical companies.
Sundaram Finance to sell entire 10% stake in Equifax Credit lnformation
Both the companies have executed an agreement to this effect.
Avendus Capital: An unlikely success story of homegrown investment bank
For Avendus, the IL&FS default and the ensuing chaos in the country’s financial services sector came at a bad time. Having spent 17 years growing into one of India’s preferred investment bankers, it had decided to become a more broadbased financial services firm in 2017, taking $300 million from KKR, the bulgebracket US-based private equity firm.
View: National Infra Pipeline does not have a credible financing strategy
The NIP document is thin on the strategy, barring one page on the Central contribution to the same
Maharashtra Energy Regulatory Commission withdraws compulsory gross metering for solar power
The measure was one of the alleged provisions in the draft regulations that did not find any place in the final regulations declared by the regulatory body
KV Kamath, Swapan Dasgupta likely to be inducted in Modi govt
There is also the likelihood of Suresh Prabhu making a comeback to the Modi government.
All you need to know about halwa ceremony ahead of Budget
Finance Minister Nirmala Sitharaman, other officials of the ministry and clerks will be present at the ceremony which will be held at North Block.
Stock market update: 22 stocks hit 52-week lows on NSE
Domestic benchmark index NSE Nifty was trading 8.65 points up at 12364.15.
US charges 5 over illegal exports for Pakistan's nuclear programme; Islamabad says no information
According to the indictment, between September 2014 and October 2019, the five operated an international procurement network of front companies that existed to acquire US-origin goods for the Advanced Engineering Research Organisation (AERO) and the Pakistan Atomic Energy Commission (PAEC). They exported US-made goods to the two Pakistani entities.
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