Finance

Interim Budget 2019: Tax rebate for those earning up to Rs 5 lakhs per annum

Railways Minister Piyush Goyal will present the budget in place of Union Finance Minister Arun Jaitley due to the latter's absence for medical reasons. The presentation of the budget will begin at 11 am.

Feb 1, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

UPI 2.0 gets ready to push growth as digital transactions plateau

UPI transactions' value shot up by 700% last year despite a 1% drop in total digital payments

Jan 15, 2019

Syndicate Bank's agricultural sector NPAs rose fourfold in five years

The bank, which is a likely candidate for merger and consolidation with some other public sector lenders, accumulated NPAs to the tune of Rs 10,253 crore until March 31, 2018.

Jan 9, 2019

RBI's economic capital framework faces a crude shock

India's dependence on imports for meeting 80% of the oil demand makes it susceptible to oil shocks, a central bank study says.

Jan 8, 2019

India GDP agriculture gdp estimate rural demand

Markets edgy as Modi govt considers massive farm relief package

Prime Minister Modi mulling programmes costing Rs 2.3 lakh crore including direct benefit transfer (DBT) of Rs 4,000 per acre and Rs 50,000 interest-free loan per hectare.

Jan 3, 2019

Sensex down 320 points, auto stocks slump

The weakness in the domestic indices came on the back of a similar trend in the Asian markets along with a sharp decline in rupee and a slowdown in the manufacturing PMI data.

Jan 2, 2019

India retains crown as 'world's fastest growing economy'; China a close second

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth. In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 percent, after 7.7 percent in the first three months of the year.

Jan 1, 2019

Massive banking frauds eclipse record recovery of bad assets in FY18

New regulatory framework helps recover Rs 40,400 crore of bad loans while frauds increase 72% to Rs41,200 crore.

Dec 31, 2018

Public sector banks' Rs 28,000 crore recapitalisation to ease liquidity

Lenders hit by massive farm loan waiver unlikely to benefit from capital infusion amid fear of rural lending cycle disruption.

Dec 28, 2018

Jalan panel faces tough task of deciding adequate RBI reserves

Growing global uncertainties in a multi-polar world will make it difficult to arrive at the right amount of risk provisioning.

Dec 27, 2018

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

The Union Finance Minister says excessive competition has led to a decline in tariffs affecting GST collection from several service industries.

Dec 26, 2018

Modi govt eyeing GST regime with a single slab, says Arun Jaitley

Maximum 28 per cent category a 'dying slab' as most items now moved to two middle slabs; priority to bring cement down to 18 per cent slab.

Dec 25, 2018

Global cues, derivatives expiry to chart stock market's course

Globally, concerns over a slowdown in international growth and the ongoing partial US government shutdown are expected to be major themes during the truncated weekly trade.

Dec 23, 2018