Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.
Hockey coach Ramesh Parameswaran applies for Dronacharya Award
Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
Jewellers went on strike for three days from March 2.
The RBI has lowered interest rates by 1.25 per cent since January.
Protesting farmers owing allegiance to different farmers' bodies blocked state and national highways at several places on Saturday, causing inconvenience to commuters.
The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.
Subramanian, 33, who was on Tuesday the toast of the astronomy world, managed what ISRO and NASA couldn't through his close examination of before and after images of the scheduled landing.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
How you can undo perils of too much screen time!
The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.
Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.
Remembering an incomparable actor by re-visiting his finest films.
Curator Daljit Singh has retired a happy man after 22 years of service to Indian cricket. The groundstaff are no longer seen as gardeners and are getting due respect, a change that pleases him the most.
Maharashtra, the country's largest cane and sugar producer after Uttar Pradesh, had, over the past few years, weathered adverse market dynamics brought about by a domestic and global sugar glut, mounting arrears and muted exports.
'Common sense says if one can afford, servicing the loans during this period is a better bet than postponing it by three months,' says Tamal Bandyopadhyay.
The Reserve Bank has permitted PNB to make provisions against the fraud amount.
The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
Though chief executive officers from Google, Yahoo and Facebook have declined to attend the summit, the Apple CEO Tim Cook will address the meeting during which he will announce his intent to fold the government's cyber security recommendations into its own cyber strategy.
The Supreme Court on Friday dismissed a plea seeking stay on further sale of electoral bonds ahead of assembly elections.
'We will see a kind of disaster which the country has not seen in the last 100 years.'
Investors say they see large companies going through the grind, as their promoters struggle with liquidity because they are levered up at the holding company level and are starting to get margin calls thanks to the crashes in the stock market, and in the next six months, the targets that will come up for PE companies will make for a harvest season like never before.
While it is not clear whether the new form will be applicable from this year, some chartered accountants say that things can go both ways. The new deadline for filing ITR is November 30.
The central government wants to impose the levy; many states are opposed - at least, to the Centre doing so
Hindi cinema lost some of its most celebrated faces in 2019, leaving a void in the fraternity as well as in the hearts of the audiences. We take a look at those who passed on.
A round-up of results from the Ranji Trophy matches played on Sunday.
Investors sinking lump sum money in equities seem to have applied the brakes.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
In a statement, the central bank said heightened volatility in capital markets in reaction to Covid-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom.
Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.
Former India captain Sourav Ganguly is impressed with the form exhibited by pacer Umesh Yadav in the ongoing Test series against Australia.
The government has been waiting for the expansion by the private sector, Finance Minister Nirmala Sitharaman said while reminding India Inc of various measures including corporate tax rate cut, policy consistency, ease of doing business, among others to facilitate investment.
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