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The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland.In reply to an RTI query, the ministry also…

Declaring that there is no power crisis in the country, Union Power Minister R K Singh on Thursday said India has installed power generation capacity of around 365 GW, double the peak demand.The minister said in the Lok Sabha that states…

Finance Minister Nirmala Sitharaman on Thursday introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 was approved by the Union Cabinet on Wednesday.…

India's economy is expected to grow at 4.3 percent in December quarter this year amid concerns over crisis in the NBFC sector, according to Nomura.The Japanese financial services major also believes that the first quarter of 2020 will see…

Domestic passenger vehicle sales declined 0.84 percent to 2,63,773 units in November from 2,66,000 units in the year-ago period.Domestic car sales were down 10.83 percent to 1,60,306 units as against 1,79,783 units in November 2018,…

Congress leader Priyanka Gandhi Vadra on Monday hit out at the Centre over reports that there would be a significant cut in the school education budget for 2019-20 and accused the Modi government of benefiting its "rich friends".Priyanka…

There are 2.72 crore male and 1.56 crore female job seekers who have registered with employment exchanges across the country, Union Labour Minister Santosh Gangwar said in the Lok Sabha on Monday.The minister said employment exchanges are…

The government on Monday said there is no proposal under consideration for waiver of education loans.In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68…

China is most likely to become the sole global superpower by the middle of this century due to its "comprehensive, rigorous strategy to achieve global domination" and the United States' inaction, top Republican Senator Mitt Romney has said.…

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts, according to the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of…