Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
The project will house 3,000 residential units across 10 towers in the first phase on a 20-acre land parcel that Raymond owns in Thane
Get Ahead reader Ravindra G from Bengalooru tells why he chose a term insurance policy instead of a money back/endowment policy and unit linked insurance policy. What's more he is happy with the life cover he has now bought for himself.
Reliance Retail's shareholders will get one share of its listed parent, Reliance Industries, in exchange for every four shares, according to the scheme of arrangement.
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
The central bank's move will infuse Rs 20,000 crore (Rs 200 billion) into the markets.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
DGCA has told the airline that only "air worthy" aircraft, which are completely fit for flying, should be used in operations.
Reserve Bank of India (RBI) Governor Raghuram Rajan spoke on a host of issues at his last post-policy interaction with the media
Reliance Mutual Fund topped the AUM chart with its AUM in excess of Rs 660 billion, while ICICI Prudential Mutual Fund came second with an AUM of Rs 487 billion.
Consolidated net profit rose to Rs 3,465 crore in its fiscal third quarter to December 31.
Capital gains exemption benefits are available under Section 54 and 54F of the Income Tax Act. Individuals, however, need to be aware of the conditions attached to these provisions, suggests Archit Gupta, founder and CEO, ClearTax.
Malcolm Wood, Asia Pacific Equity Strategist at Morgan Stanley is not too positive on the financial sector in India.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.
Significant investors in government bonds FIIs have been net sellers since May 22.
Heed your liquidity needs before investing in an FMP.
If India sustains long-term growth, you could make good money off the stock market.
One of the reasons is that the retail prices are not bench-marked to crude but their respective international benchmark prices.
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.
'Tax cuts will have only marginal effects in the short run and significant positive effects in the medium term,' says Shankar Acharya, former chief economic adviser to the Government of India.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
The rupee got a boost as stock market investors cheered the Reserve Bank's steps. Fresh dollar sales by exporters amid sustained capital inflows also supported the local currency.
Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
Results of some blue-chip companies exceeded expectations, providing additional thrust, traders said.
The ranking is done on following parameters depending on the asset class.
In September, the headline inflation accelerated to a seven-month high of 6.46 per cent, while the retail inflation quickened to 9.84 per cent.
