Economy News

After uproar, government ups budget for social welfare

After uproar, government ups budget for social welfare

Central government on Friday sought parliamentary approval to raise spending on social welfare, months after opposition lawmakers and Prime Minister Narendra Modi...

Capital infusion of Rs 25,000 crore a good beginning: Raghuram Rajan
Capital infusion of Rs 25,000 crore a good beginning: Raghuram Rajan

The Finance Ministry, in a statement, said public sector banks (PSBs) as of now are "adequately capitalised", but would need Rs 1,80,000 crore extra capital over the next four years (up to FY19).

Horoscope: By Peter Vidal

Today ( 01 Aug )This Week ( 26 Jul - 08 Aug )

SAGITTARIUS IAbout the only thing you can do is be as philanthropic and charitable as you can - and provide a valuable back-up for other people. Put unstinting effort into improving the quality of life for partners, and… read more