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Weak credit off take a worry, says Finance Minister Arun Jaitley

Finance Minister Arun Jaitley on Friday said that weak credit off take in the economy is worrisome. Addressing a function in New Delhi, Mr Jaitley said increasing interest from foreign investors in the defence and railways sectors is encouraging. On the issue of black money, the Finance Minister sai...


FII investor limit in Power Grid reaches trigger level: RBI

RBI on Friday said that FII investor limit in state owned Power Grid Corporation has reached the trigger level. Hence, foreign investors will now require RBI’s prior permission for any further purchases of equity shares of this company.Earlier this year, the RBI had allowed FIIs to purchas...


Govt to shortly bring out new comprehensive Fertilizer Policy

The Union Ministry for Chemicals and Fertilizers will shortly bring out a new comprehensive Fertilizer Policy. The Union Minister Ananth Kumar informed this during the valedictory function of Krishi mela in Bengaluru on Friday. The Comprehensive policy will strike a balance between chemical and orga...


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