[ad_1] 3 min read Last Updated : Apr 17 2024 | 12:01 AM IST The Department for Promotion of Industry and Internal Trade (DPIIT) has written to 17 government departments to expedite decision-making on foreign direct investment (FDI) proposals awaiting government clearance. As many as 46 FDI proposals are awaiting government decision and have … Read more
[ad_1] 3 min read Last Updated : Apr 14 2024 | 11:49 AM IST In a bid to check incidence of BoB World app scam and other such financial frauds, the finance ministry makes a case for an enhanced KYC procedure and extensive due diligence by banks and financial institutions for onboarding merchants to … Read more
[ad_1] S&P Global on Tuesday raised India’s gross domestic product (GDP) growth forecast for Financial Year 2024-25 (FY25) by 40 basis points to 6.8 per cent or lower than the central bank and government’s projection of 7 per cent. It expects India to grow at 7.6 per cent in FY24, making the projection … Read more
[ad_1] To speed up the debt recovery process, the Finance Ministry has set up a panel to suggest amendments to the SARFAESI and DRT Acts, including a provision for granting legal sanctity to e-notices to debtors, sources said. The committee headed by an Additional Secretary held several meetings, and discussions are in the … Read more
[ad_1] Finance Minister Nirmala Sitharaman with RBI Governor Shaktikanta Das during the Financial Stability and Development Council meet in New Delhi on Wednesday The Financial Stability and Development Council (FSDC), an apex-level body constituted by the government, met here on Wednesday to discuss formulating a strategy to simplify and digitalise Know Your Customer (KYC) … Read more