Securities and Exchange Board of India on Tuesday broadened the scope of Securities Contract Regulation (Rules) to enable a faster and less cumbersome share sale by the central public sector

The government has decided to allow qualified foreign investors (QFIs) to directly invest in the Indian equity market to attract more foreign funds and reduce market volatility, a finance ministry

The rupee is expected to regain some of its lost ground in 2012. Reserve Bank of India’s shift in focus from fighting inflation to promoting growth will support the

The government is considering issuing new corporate governance guidelines by including good practices like tax compliance, to companies for voluntary adoption, Corporate Affairs Minister M Veerappa Moily said today.

He

Cornered over the issue of sourcing from
micro and small enterprises (MSEs) under the new FDI policy in retail,
the government today dispelled doubts saying the 30 per cent obligation

In what could give a fillip to stalled reforms in the financial sector, the Union cabinet on Wednesday gave the green signal to the long-awaited PFRDA bill, paving the way for opening up pension funds to 26 per cent foreign direct investment (FDI).

All forms of capitation fee educational institutions charge while admitting students will be banned. Whether called donation or development fee or whatever, all such extortive fees will be illegal. Violation will attract stringent punishment, including a fine of Rs 1 crore, according to a new law cleared by the Union cabinet on Wednesday.

A government body assessing the environmental impact of mining in Karnataka has in its report recommended restricting of iron ore mining in the state to 30 million tonnes per year.