Finance - Page 2

Investor interest in equities mutual funds seems to be waning after months of inflows, especially in sectoral and thematic categories. Fund flows significantly slowed in March 2025, with Infrastructure and Energy funds seeing their biggest redemptions since the COVID period. Manufacturing funds

Amid increasing focus by the Union government for the micro, small, and medium enterprises (MSME) sector, the finance ministry has set a target for total MSME credit outstanding across all public sector banks (PSBs) at ₹17.31 trillion for the financial year 2025-26

In a formal decision released yesterday, the Cabinet’s Appointments Committee authorized the nomination of four senior Indian Revenue Service (IRS) officers as members of the Central Board of Direct Taxes (CBDT). Sanjay Bahadur, the former Principal Director General of Income Tax (Training)

In response to businesses’ mounting worries about arbitrary delays and procedural obstacles, the Central Board of Indirect Taxes and Customs (CBIC) released a detailed set of guidelines on Friday to expedite the goods and services tax (GST) registration process. The updated instructions

India’s forex reserves increased by $1.567 billion to $677.835 billion for the week ended April 11, the Reserve Bank said on Friday. This is the sixth consecutive week of a rise in the kitty. The overall reserves jumped by $10.872 billion to