RBI and Sebi are close to reaching an agreement for providing waiver of existing norms to banks.
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
As the curtain comes down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
Currently, Housing.com makes Rs 1.2-1.5 crore a month, against a burn of Rs 10.05 crore.
Karnataka tax dept may attach assets of dealers; new retailers not being registered
'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
Jack Ma, China's billionaire and founder of e-commerce giant Alibaba, has travelled to Europe for an agriculture study tour, his first trip abroad since he ran into trouble with the Chinese government last year over violating anti-monopoly regulations.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
'The Khalistanis get bulk of the money from abroad.' 'Where did Amritpal's Mercedes come from, which costs well over Rs 60 lakhs?' 'Where does his fleet of vehicles come from?' 'Local Punjabis can certainly not contribute this kind of money.'
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
'The state government does not believe in disallowing non-Hindus to do business outside Hindu temples.'
This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
Countries with abundant resources are faring worse in terms of development than those with less.
Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.'
'He is my friend, role model, mentor and superhero.'
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
Given the dismal show of the Congress in the recently concluded assembly polls and the JMM eating into its vote bank, the possibility of Congress MLAs switching sides is not bleak, reports R Krishna Das.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Even today when news organisations and their owners have stooped before the powers that be when they were only asked to bend, Prannoy is still standing tall, asserts Sanjay Ahirwal, , former managing editor, NDTV Worldwide.
Irked by ICICI Bank's 'callous and devil-may-care attitude', a district consumer court has directed it to pay a compensation of Rs 125,000 to one of its customers against whom it had lodged a criminal case for non-payment of a car loan which he never took.
RBI has appointed R Subramaniakumar, the ex-managing director of Indian Overseas Bank as the administrator of the third largest pureplay mortgage lender.
The American university, once the envy of the world, is in crisis, notes Ajit Balakrishnan in his latest column.
The Reserve Bank of India (RBI) is likely to keep monetary policy steady in June despite sluggish economic activity as inflation remains elevated, a Reuters poll showed on Wednesday.
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HC restrains Nokia from selling, transferring ownership rights in India.
It is nearly after 13 years that a foreign brokerage has resumed holistic coverage on stocks of public sector banks (PSBs). To that extent, Morgan Stanley's report dated March 3, where the analysts have listed their order of preference for PSB stocks, is an indication that the state-owned banks may once again be attracting some interest, thanks to three back-to-back quarters of good results in FY21 so far. "State-owned banks' balance sheets have improved, and bad loans formation should moderate going forward," the analysts note and this is the key reason for them to relook at their stance on PSBs. While State Bank of India (SBI) remains their preferred pick, stocks of Bank of Baroda (BOB) and Punjab National Bank (PNB) have been upgraded from 'underweight' to 'equal-weight'. The brokerage maintains its underweight recommendation on Bank of India and Canara Bank.
Two issues dog the sale of the national carrier. One is the $2 billion bank guarantee the winning bidder will need to furnish. The other is the nearly 5000 lawsuits filed against Air India, many of them overseas. Anjuli Bhargava reports.
The strengthening of regional outfits may weaken the grand old party's chances of leading a joint opposition front for the 2019 general elections.
Jaishankar said China, in violation of the 1993 and 1996 agreements not to mass troops on the Line of Actual Control, chose to do so, and added that its attempt was obviously to unilaterally change the LAC.
The largest stock bourse in the country, NSE on Wednesday said trading across segments came to a halt at 11.40 am due to connectivity issues.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
Take a look at top picks of all 10 IPL teams
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