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23 hours ago | 
htsyndication.com | Rhik Kundu |Subhash Narayan
New Delhi, April 24 -- Cooling crude oil prices are expected to ease India's fertilizer subsidy burden and import bills, in a spot of relief for the economy navigating a raging tariff war. Cheaper oil also promises to lower current account deficit (CAD), ease inflation and stabilize the rupee. The government has budgeted Rs.1.68 trillion for fertilizer subsidies in FY26.
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1 day ago | 
livemint.com | Rhik Kundu |Subhash Narayan
Economy Summary Softening global crude oil prices are expected to ease fiscal pressure, reduce the Centre’s fertilizer subsidy burden, and improve macro indicators in FY26 This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. Cooling crude oil prices are expected to ease India's fertilizer subsidy burden and import bills, in a spot of relief for the economy navigating a raging tariff war.
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3 days ago | 
htsyndication.com | Rhik Kundu |Subhash Narayan
New Delhi, April 21 -- The Centre is planning a qualified institutional placement (QIP) for Bank of Maharashtra to reduce its stake below 75% in keeping with public float norms, with the sale expected to conclude by FY26-end, two people aware of the matter told Mint.
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4 days ago | 
livemint.com | Rhik Kundu |Subhash Narayan
Summary Similar plans are in place for other PSBs, but meeting the shareholding norms may take some time for them This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. New Delhi: The Centre is planning a qualified institutional placement (QIP) for Bank of Maharashtra to reduce its stake below 75% in keeping with public float norms, with the sale expected to conclude by FY26-end, two people aware of the matter told Mint.
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1 week ago | 
livemint.com | Rhik Kundu |Subhash Narayan
New Delhi: A high-level committee set up by the central government has finalized key measures to boost infrastructure investment, including attracting foreign funds, promoting corporate bond finance, building specialized infrastructure funds, and creating a fresh pipeline of public-private partnership (PPP) projects, two people familiar with the matter told Mint.
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1 week ago | 
htsyndication.com | Rhik Kundu |Subhash Narayan
New Delhi, April 16 -- A high-level committee set up by the central government has finalized key measures to boost infrastructure investment, including attracting foreign funds, promoting corporate bond finance, building specialized infrastructure funds, and creating a fresh pipeline of public-private partnership (PPP) projects, two people familiar with the matter told Mint.
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1 week ago | 
htsyndication.com | Subhash Narayan |Rhik Kundu
New Delhi, April 14 -- The Centre is working on long-awaited changes to Know Your Customer (KYC) rules, simplifying the process for lower-risk customers and tightening checks on higher-risk accounts. The government is preparing to amend the Prevention of Money Laundering Act (PMLA) to bring about such a risk-based KYC framework, two people aware of the development said. Currently, financial institutions mandate a uniform KYC process for their customers regardless of risk.
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1 week ago | 
livemint.com | Subhash Narayan |Rhik Kundu
Summary At the core of the changes is a shift from a uniform KYC process to a risk-based framework, which will allow financial institutions to apply differentiated due diligence, streamlining KYC for low-risk customers while retaining stricter checks for higher-risk accounts. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
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2 weeks ago | 
livemint.com | Rhik Kundu |Subhash Narayan
New Delhi: The Centre on Wednesday urged mutual fund managers to increase their exposure to state-owned enterprises, citing their strong dividend performance and role in equitable wealth distribution. "We suggest fund managers include public sector stocks in their portfolios so that common investors, senior citizens and minority shareholders can deploy their savings productively," said Arunish Chawla, secretary, department of investment and public asset management (DIPAM), at a media briefing.
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2 weeks ago | 
livemint.com | Rhik Kundu |Subhash Narayan
Economy Summary While final figures are still being tallied, the Centre's capex could be between ₹10.2 trillion and ₹10.4 trillion for FY25, exceeding revised projections This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
