Consumer durables retailers and manufacturers may end up bearing the cost of the Reserve Bank of India's (RBI's) tightening on easy personal loans, as their margins are expected to be impacted by higher borrowing costs. During the recently passed festival season, consumer durables companies started offering longer tenure loans, zero down payments, and zero interest on a wider assortment of products than ever before, making the products more affordable. While 18- and 24-month easy monthly instalment (EMI) options were available earlier, companies offered them only on select products; now, they are being extended to a larger section of products.
'Farmers have been sent notices in which the government is threatening that if you will join the movement, then we will impound your ancestral properties.' 'We will seal your bank accounts.' 'We will revoke the passports of your kids.'
The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.
KKR CEO Venky Mysore justifies Mitchell Starc's huge pay check from skill-set standpoint
'You can't be just bowling the orthodox line when someone is sweeping you.'
When it comes to fashion, the sisters know how to have fun.
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.
In one of the worst ceasefire violations by Pakistan, 5 villagers were killed and 34 injured on Monday in heavy mortar shelling and firing from across the international border and Line of Control in Jammu and Poonch sectors, triggering strong condemnation by India
Royal Dutch/Shell, world's third largest oil and gas firm, on Thursday said its $600-mn Hazira liquefied natural gas import terminal in Gujarat was fully operational and the company had no plans to sell it off.\n\n
The Congress vice president, who began his three-day visit to Jammu and Kashmir, spoke to the families of six civilians including a headman and a teacher who were killed in ceasefire violations by Pakistan in Balakote on Independence day.
Reliance is seeking help from Shell to rectify glitches in D6 block in the Krishna-Godavari basin.
US short seller Hindenburg Research has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg stood by its last week's report that said its two-year investigation found Adani Group "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
Who do you think should be part of India's playing XI for Wednesday's must-win second ODI against Bangladesh?
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their $6.9 billion in Adani group stocks, saying does the market regulator need help of investigating agencies for this? The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies. They came into focus once again in January when a US short seller alleged that Adani Group used offshore shell companies to inflate stock price.
Speaking at a press conference in New Delhi, Polikha said, "We're suffering a lot of civilian casualties. According to official information of our ministry, already 16 children were killed from bombings, shellings and so on as a result of Russian peace-fighting operation."
Speaking at a press conference in New Delhi, Polikha said, "We're suffering a lot of civilian casualties. According to official information of our ministry, already 16 children were killed from bombings, shellings and so on as a result of Russian peace-fighting operation."
Billionaire Gautam Adani's group on Monday listed out details of the $2.87 billion stake sales in group firms since 2019 and how $2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'. While investors such as Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC) invested $2.593 billion in group firms such as Adani Enterprise Ltd and Adani Green Energy Ltd (AGEL), promoters sold stake in Adani Total Gas Ltd and AGEL to raise $2.783 billion. "These funds were reinvested by promoter entities to support the growth of new business and in portfolio companies such as Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Transmission Ltd and Adani Power Ltd," the group said.
Shubman Gill said the intent within the Indian team, in the build-up to the World Cup, was to improve their chasing record.
Shell is closing 15 of its retail outlets in south India from Wednesday, in the absence of any assistance for private oil companies in the face of rising global crude oil and product prices, the company said on Monday.
Aseem Chhabra rates the movies he's watched in 2023, and tells you where you can watch them!
Electing to bat, India's batting line-up came undone against South Africa's pace battery on a bouncy Perth wicket as they were reduced to 49/5 before Suryakumar Yadav played the rescue act.
All about India's favorite summer beverage/dessert indulgences.
'They just say we agree to your demands in the meetings, which is lip service. But on the ground they do not implement anything.'
'There was not a moment when the guns were out of action.'
The World Photography Organisation has revealed the winners for the Sony World Photography Awards 2024.
A 67-year-old resident, Mangat Ram and a BSF jawan was injured in the firing.
Oil and Natural Gas Corporation will shell out Rs 5,023 crore (Rs 50.23 billion) to subsidise kerosene and LPG in the second quarter of current fiscal.
Olympic medallist Mirabai Chanu will undergo tests on October 3 in Mumbai to find out the severity of the thigh injury she suffered at the Asian Games in Hangzhou.
The Pakistan army used heavy weaponry, firing 120 mm mortars targeting civilian hamlets and forward posts since 5.30 pm on Tuesday, said an army officer.
The song Naatu Naatu from S S Rajamouli's RRR has been nominated in the Best Original Song category at the 95th academy Awards. But that's not all.
World boxing champion Lovlina Borgohain locked an Olympic quota for herself by advancing to the final in the women's 75kg category at the Asian Games.
The Enforcement Directorate on Wednesday continued raids for the seventh day as it visited 17 locations across the country, including four shell companies in Mumbai, even as the Income Tax department attached assets worth Rs 145 crore in the alleged Rs 11,400-crore Punjab National Bank fraud.
The agency filed its affidavit in response to Goyal's habeas corpus (produce the person) petition in which he claimed he was illegally arrested by the ED in the case.
Shell gets govt's nod to import petrol, diesel
For an annual dividend income of Rs 10 lakh or more, the investor will pay a DDT of 10 per cent
Violating the ceasefire again, Pakistani troops pounded Indian posts and civilian areas along the LoC with 82 mm mortar shells and fired from automatic weapons in Poonch district.
The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.
India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.
According to the apex court website, a bench comprising Justices Surya Kant and Dipankar Datta will hear the PIL filed through lawyer Barun Kumar Sinha on July 25.
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