PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
The markets regulator made it easier for banks to acquire control in listed companies.
The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.
Home sales in the top 10 cities - Ahmedabad, Bengaluru, Chandigarh, Chennai, Hyderabad, Kochi, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - have declined at a compound annual growth rate of 8% since 2011.
ONGC was the top performer while private banking major ICICI Bank extended gains
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, says Tamal Bandyopadhyay.
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Because of corrections in property prices and oversupply in the office segment, the rich are investing in hospitals, warehouses, ATMs and other alternatives to traditional investment options.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Ask your HR department for details about the fund, trustees and returns
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
'Clearly, the depositors of cooperative banks need the maximum protection.'
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
Subrata Roy turned up at a New Delhi stadium, best known for hosting the Commonwealth Games, last week as part of his country wide Abhaar Yatra.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Finance minister tries to put house in order before reforms are unveiled in February.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Health insurance has almost 23 per cent market share in the general insurance space.
May be the strong United States growth will lead the world back to a period of growth and help us all put this painful recrimination behind us.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Right steps you can considerably reduce the tax outgo.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
What is the road ahead for Rahul Gandhi? Shehzad Poonawalla offers a blueprint.
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The government has provided a long-term vision.
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