Finance

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

In the aftermath of the court order, banks may turn more to the 'Project Sashakt' to deal with stressed assets above Rs 500 crore.

Apr 3, 2019

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

Another round of rate cut, the second tranche of dividend payment to government and a rupee-dollar swap auction are on the cards.

Apr 2, 2019

All you wanted to know about the pension scheme for private sector employees

Supreme Court's order dismissing an EPFO challenge of a High Court order removing pension ceiling paves the way for retiring private sector employees to receive the full pension.

Apr 2, 2019

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

India's Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in connection with an ongoing investigation into the lender, a government official said on Monday.

Apr 2, 2019

How much will it cost Boeing to compensate for all grounded B737 MAX planes?

The monthly cost of substituting a grounded B737 MAX plane is estimated at $250,000 and all the nearly 350 delivered MAX planes are now grounded

Mar 17, 2019

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Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Berkshire Hathaway boss joins economists trashing MMT that advocates printing currency to sustain government expenses.

Mar 16, 2019

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Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved.

Mar 15, 2019

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Sales of rupee-designated corporate bonds plunge to pre-2016 levels as effects of IL&FS crisis sink in amid rising election uncertainties driving up the spreads of top-rated 10-year corporate paper to highest levels since the global financial meltdown.

Mar 15, 2019

Troubled BSNL may get DoT package, nod for 4G services rollout

The Rs 13,000 crore package may include Rs 6,767 crore equity infusion in lieu of 4G spectrum allocation and real estate assets sales.

Mar 13, 2019

L&T gets ready for hostile bid on Mindtree amid talks for Siddhartha's stake

The CCD founder has raised loans from various lenders amounting to about Rs 3,000 crore that equals the entire value of more than 20% stake he controls in Mindtree.

Mar 13, 2019

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Startups cheer as rule changes ease path for receiving new investments

CBDT clarifies relief like an increase in the limit to Rs 25 crore and raising of benefit period to 10 years will be available from February 19

Mar 8, 2019

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ED may recover 'fraudulently gained' wealth from Chanda Kochhar and family

Investigation allegedly reveals funds that ICICI Bank sanctioned to Videocon group were routed to husband Deepak Kochhar's firms.

Mar 7, 2019

No Indian 'retaliation' to Trump decision to curtail duty-free trade benefits

The removal of India from countries enjoying the generalised system of preferences (GSP) list will mainly hit $5.6 billion duty-free exports of agricultural and handicraft products.

Mar 5, 2019

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Economic growth for FY19 at 7% projected to be lowest for Modi years

GDP growth estimated to hit a six-quarter low of 6.6% in the third quarter with the expansion falling in all key sectors, CSO data show.

Mar 1, 2019

Finance Ministry asks tax panel to rationalise existing income-tax slabs

Panel will look at tax slabs, particularly the 20% slab, and revise them in the light of international best practices.

Feb 28, 2019

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Finance

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

All you wanted to know about the pension scheme for private sector employees

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

How much will it cost Boeing to compensate for all grounded B737 MAX planes?

Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Troubled BSNL may get DoT package, nod for 4G services rollout

L&T gets ready for hostile bid on Mindtree amid talks for Siddhartha's stake

Startups cheer as rule changes ease path for receiving new investments

ED may recover 'fraudulently gained' wealth from Chanda Kochhar and family

No Indian 'retaliation' to Trump decision to curtail duty-free trade benefits

Economic growth for FY19 at 7% projected to be lowest for Modi years

Finance Ministry asks tax panel to rationalise existing income-tax slabs

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]