For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
In his four-page letter in Hindi, the PM said that better infrastructure and rule of law are imperative for social and economic prosperity and only the NDA can provide that in Bihar.
While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.
Priyadarshini Maji evaluates the impact that payment banks are likely to have on your financial life.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The seventh round of talks between protesting unions and three central ministers ended inconclusively on Monday as the farmer leaders insisted on the repeal of the three contentious farm laws right from the beginning, even as the government listed various benefits from the Acts.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
Bharti will move FIPB soon for increasing Axa's stake to 49%
Running a multi-billion dollar business is no mean task. It calls for immense energy. We list five super-toned billionaires who know that to stay wealthy, they need to be both wise and healthy.
Saturday will be the last time the Mumbai Mirror will hit newsstands as a daily. Two Saturdays ago, its owners, the Times of India group, shocked the city by deciding to convert the Mirror into a weekly newspaper. Jyoti Punwani salutes the Mirror and its editor, Meenal Baghel, for its pathbreaking journalism.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Men who see themselves as playboys are more likely to have psychological problems than men who conform less to traditionally masculine norms, a new study observed.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
As the pandemic spreads and the urgency for effective treatment of COVID-19 mounts, several countries, including the US, have started relying heavily on HCQ, majorly used in the treatment of malaria and rheumatoid-arthritis.
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
A confident, assertive single woman is finding her way into popular advertising narratives.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Unlike other SM sensations, 'Khan Sir' became a star with well-researched news-related videos, not 30-second inanities. Syed Firdaus Ashraf tracks down the elusive coach to IAS aspirants.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
For India's upstream sector that has seen no new discovery coming into production.
Jio and Ericsson tested the limits of 5G by demonstrating multi-gigabit speeds and super-low latency capabilities that are making new offerings such as remote control of machines and 360-degree 4K video streaming.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
'Sakshi Maharaj hasn't kept a single promise... and we're fed up.' 'Annu Tandon is the only one whom we can turn to in distress.'
Mukesh Ambani-controlled Reliance Petroleum Ltd will raise $1.5 billion (nearly Rs 6.9 billion) through Syndicated Term Loan Facility to finance its new 580,000 bpd refinery and a 0.9 MT polypropylene unit.\n\n
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
With the induction of these four systems, the underwater surveillance capability of the Indian Navy will get a boost, besides providing a fillip to the quest for self-reliance in this critical area of technology.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
Insurance firms have designed amazing retirment plans to lure more customers.
The revival of feature phones in India is driven by low-cost access to the internet, but the 'dumb phones' are learning to get smart and create a niche, says Veer Arjun Singh.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Japan's Orix Corporation, which was in talks with Reliance Industries (RIL) to sell its 23.87 per cent stake in Infrastructure Leasing and Finance Company (IL&FS), has bowled a googly.
Reliance Group Chairman Mukesh Ambani has admitted to differences with his brother Anil over 'ownership issues,' but said "they are in the private domain."
Modi had last month launched the 'Give-it-Up' campaign.
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