PM Narendra Modi's PMJDY makes India #1 in commitment to financial inclusion: Brookings

Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014 for the purpose of financial inclusion and financial literacy, has earned the top spot in commitment to financial inclusion in the world in Brookings Institution's 2015 Financial and Digital Inclusion Project (FDIP) Report and Scorecard.

UP receives investment intentions of Rs 32,963 cr at Mumbai conclave

Uttar Pradesh received investment intentions worth Rs 32,963 crore (US$ 4.9 billion) during the Investors Conclave from investors including firms like Reliance Jio, LG, ITC, Idea Cellular, Godrej Agrovet, Toshiba Power, Kanodia Group, Indo Gulf Fertilizer and Ecoreco

India could grow at 8 per cent in FY16-20: Goldman Sachs

India has the potential to clock a compound average growth rate (CAGR) of 8 per cent during FY 2016-20 due to greater access to banking, technology adoption, urbanisation, improvement in education, e-governance-based ease of doing business, and other structural reforms, as per a Goldman Sachs report.

Asia-Pacific top wealth market; India, China lead the way

According to Asia-Pacific Wealth Report 2015 (APWR) published jointly by Capgemini and RBC Wealth Management, India and China are the major drivers of the growth of High Net Worth Individual (HNWI) population and wealth in 2014.

Finance Minister to address the Singapore Summit during four-day visit to Singapore and Hong Kong to meet prominent leaders and investors

India’s Finance Minister Mr Arun Jaitley has embarked on a four-day visit to Singapore and Hong Kong to meet prominent leaders, investors and fund managers and also hold talks with pension funds regarding their participation in National Investment & Infrastructure Fund (NIIF).

Gujarat firms lead India’s most attractive brand list

As many as eight Gujarat-based brands (Amul, Amul Butter, Sintex, Ajanta, Symphony, Vadilal, Rasna, Fortune Foods Products from Adani Wilmar) have emerged as category leaders in attractiveness in India's Most Attractive Brands list of 2015.

RBI issues 10 small bank licences

The Reserve Bank of India (RBI) has granted in-principle licences to 10 applicants to open small finance banks, which will help expanding access to financial services in rural and semi-urban areas, thereby giving fillip to Prime Minister's financial inclusion initiative.

NHAI global arm to build roads in Iran, Sri Lanka, Nepal and Bhutan

Mr Nitin Gadkari, Minister for Roads, Highways and Transport, has announced to set up National Highways Authority of India (NHAI) International, with a view to tap road building opportunities in countries such as Iran, Sri Lanka, Nepal, and Bhutan.

Railways, Maharashtra government to set up Special Purpose Vehicle for railway infrastructure

State government of Maharashtra has planned to set up a Special Purpose Vehicle (SPV), Maharashtra Railway Infrastructure Development Company, with a view to boost railway infrastructure projects in the state.

Government removing dead wood to push up investment: Nirmala Sitharaman

The government is working towards removing obstructions and addressing issues in order to streamline procedures and policies which will promote domestic and foreign investments and put the country on a high growth trajectory, as per Ms Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry.

Loans available to small-time entrepreneurs under MUDRA scheme from September 25 to October 2

Entrepreneurs of small scale businesses in India will be able to avail loans from September 25 to October 2, 2015 under Pradhan Mantri MUDRA Yojana (PMMY), said Union Minister Mr Rajyavardhan Singh Rathore.