India, Pak agree on military CBMs

India and Pakistan, on Thursday, made steady progress in their efforts to initiate confidence-building measures between the two armies by agreeing to finalise border ground rules, arrange frequent......

Why govt expenditure is set to rise before elections

The central government’s deposits with the RBI had fallen to just Rs 100 crore as of June 8. Illustration: Uttam Ghosh/Rediff.com A heavily spending government in an election year seems to......

After lull during notes ban, banks return to CD market

According to bond dealers, the spike in CD issuance could indicate that liquidity won’t remain as comfortable by the end of the financial year (March 31) as it now is. After a......

Key factors that dented DLF's performance in Q3

Realty giant DLF's net debt has increased by nearly Rs 400 crore (Rs 4 billion) during the third quarter of the current fiscal to Rs 20,336 crore (Rs 203.36 billion). According to investors'......

DLF debt-cut plans to be delayed by 2 years

DLF plans to halve its debt would be delayed by up to two years, a statement from the realty company said on Friday. Early last year, the company had said it aimed to reduce its debt, which stood......