Finance

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FACTBOX: Business impact of Qatar-Gulf rift

Here are some business deals that have either been affected by the rift or could be affected.

Jun 5, 2017

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Small businesses suffer as India's bruised banks sit on deposits

Banks' worsening asset quality is making them reluctant to grant new loans, especially to small- and medium-sized enterprises (SMEs).

May 17, 2017

Priyanka Gandhi distances herself from Vadra land deals after panel says he made profits of Rs 50.5 crore

The Justice SN Dhingra Commission has said Robert Vadra made profits of Rs 50.5 crore from land and property deals, and a property of Priyanka was among them. Read to know more.

Apr 28, 2017

Planning for early retirement? This is how you calculate if you can do that now!

If you want to retire early and fulfil your dreams of travelling the world and spend time with your loved ones, the 4 percent rule might just be the answer to all your early retirement woes.

Apr 20, 2017

'I hope Australian PM's visit to India is as productive as it has been for Steven Smith's batting,' says PM Modi

Steven Smith had smashed three Test centuries in the recently-concluded tour, a rare achievement for an overseas batsman in India.

Apr 10, 2017

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Lucky Grahak Yojana: Central Bank of India customer wins Rs 1 crore in lucky draw; PM Modi to felicitate winners on April 14

In the consumer category, three mega prizes of Rs 1 crore, Rs 50 lakh and Rs 25 lakh went to people using Rupay debit cards to make digital payment of less than Rs 1,000.

Apr 9, 2017

Pranab Mukherjee calls for unstinted support to PM Modi's mission of a less-cash India

President Pranab Mukherjee also said that the Aadhaar card initiative is a watershed event in the development story of India.

Apr 9, 2017

The new £1 coin: In numbers

On 28 March the new high security 12 sided £1 coin is being introduced as legal tender, replacing the round pound that has been in circulation since 21 April 1983. The new coin is claimed to be ‘the most secure coin in the world’ as it boasts anti-counterfeit measures, as the Royal Mint claims one in every 30 coins returned in change are fake.

Mar 27, 2017

Keystone XL Pipeline: Trump approves controversial US-Canada oil pipeline rejected by Obama in 2015

Keystone XL Pipeline will span nearly 1,200 miles across six US states, moving over 800,000 barrels of carbon-heavy petroleum daily from Canadian oil sands through Nebraska to refineries on the Gulf Coast.

Mar 24, 2017

How the 'fintech' approach to data science and machine learning is changing finance

A fintech approach – collaboration, open-sourcing code – is helping to gradually change the culture of finance, even in some hitherto heavily guarded domains.

Mar 1, 2017

IBT Media to host Artificial Intelligence and Data Science event in London

The upcoming event will focus on creating awareness about new technologies and developing the right framework for the use of AI in capital markets.

Feb 27, 2017

West Bengal offers new loan scheme: Borrow Rs 1 lakh, but return only Rs 70,000!

West Bengal Self-Help Group and Self-Employment Minister Sadhan Pande has said that the scheme will be implemented from FY 2017-18.

Feb 22, 2017

Can NBFCs fill the void as banks' appetite to lend deteriorates after NPA woes?

NBFCs have built substantial AUM in the personal loan and housing finance segments, which so far have been the bread and butter for retail banks.

Feb 7, 2017

Why LIC offering 8% interest rate on FDs for senior citizens is bad news for banks

LIC, apart from the post office, offering a higher interest rate would mean banks may not be able to lower their deposit rates from current levels.

Feb 6, 2017

SC orders Central government to frame rules to stop SIM card misuse

The Centre has told the apex court it will link all SIM cards to Aadhaar cards within a year.