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Modi's 'redistribution' charge against Cong gets Pitroda's booster

Prime Minister Narendra Modi on Wednesday seized on Congress leader Sam Pitroda's remarks on inheritance tax to step up the ruling Bharatiya Janata Party's blistering attack on the issue of 'wealth......

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

Trinamool Congress MP Mahua Moitra on Tuesday launched a stinging attack on the government over the Adani-Hindenburg issue and said the billionaire businessman had 'topi-pehnau-ed (duped)' the......

Cong, govt spar in LS over donations to PM Cares Fund

The Congress and the government traded barbs in Lok Sabha on Monday over donations to the PM Cares Fund, with the opposition party alleging that LIC gave money to the corpus instead of providing......

EXPLAINED: How chit fund scams work

'Around 15 crore poor people have lost their money.' The political stand-off between West Bengal Chief Minister Mamata Banerjee and the Narendra Damodardas Modi government after a Central Bureau......

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent......

'Our Aim Is Housing Finance's Siginficant Role In Economic Growth'

'We are working with a few housing finance companies to drive affordable lending because that's where we believe our sweet spot is.' Illustration: Dominic Xavier/Rediff.com Indian Mortgage......

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank......

Hemmed in by interest rate hikes, HFCs see 19% dip in Q2 net profit

Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest......

IDBI Bank bidders need to seek MHA nod

In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the......

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