New Delhi (IANS) The IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a report.
The report is based on inspection of IL&FS and IFIN and this has been conveyed by the…
Mumbai (IANS) The Sensex and Nifty on Wednesday traded on a flat note awaiting a stimulus package from the Union government.
The Sensex opened slightly lower at 37,298.73 from its Tuesday's close of 37,328.01.
At 10.07 a.m., the…
Mumbai (IANS) Market regulator Sebi on Wednesday eased the rules for foreign portfolio investors (FPI) doing away with the broad-based eligibility criteria for FPIs and announced that the registration for the multiple investment manager structure…
New Delhi (IANS) Broadcasters have raised concerns over the Telecom Regulatory Authority of Indias (TRAI) decision to review the issue of pricing, barely eight months after implementing the new tariff order.
They fear that the intrusive…
New Delhi (IANS) The government would sanction all the targeted 1.12 crore houses under the Pradhan Mantri Awas Yojana (PMAY) by March 2020, said Union Minister for Housing and Urban Affairs Hardeep Singh Puri at the 15th annual convention of the…
New Delhi (IANS) In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddharthas death, as it brought to light the dark side of the Indian entrepreneurial environment.
Although…
Mumbai (IANS) The Sensex on Monday opened slightly higher over gains by finance and banking stocks.
At 9.32 a.m., the benchmark Sensex was trading 73.45 points or 0.20 per cent higher at 37,423.78.
It opened at 37,485.92, higher from…
New Delhi (IANS) With the direct tax code (DTC) being in the works for years and report of the task force expected anytime now, tax experts hope the new draft law would ease the compliance burden and reduce future litigations by incorporating orders…
Mumbai (IANS) Indicating a softer approach on rate cuts in the wake of economic slowdown, RBI Governor Shaktikanta Das on Monday said growth is the top priority at a time when the Indian banking system is facing many challenges.
In his inaugural…
New Delhi (IANS) Low-cost carriers SpiceJet and IndiGo would shift their operations to the Indira Gandhi International Airport's T3 from T2 from September 5.
While SpiceJet would shift its entire operations, largest private carrier IndiGo…