The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
Are we running a cricket match using football rules, asks Ajit Balakrishnan.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
The advice your mother gave you about choosing your friends wisely got a whole new meaning with lenders looking at your social media posts
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Around 1,267 private companies posted a 10.8 per cent rise in sales at Rs 3,58,446 crore (Rs 3,584.46 billion) in fiscal 2002-03 while interest payments declined by 11.7 per cent.
Many hurdles that investors could have faced after enrolling for the scheme have been removed.
If you ever face a situation where your card transaction is declined, it is advisable to call your bank and check with them for the cause. In most cases, unless it's a fraudulent issue, the problems will be resolved on the phone.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
Kingfisher Airlines said it would "vigorously challenge" the bank's decision.
UIDAI has asked police to investigate, it was not fully convinced about nature of the incident
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
SBI declared a dividend of 2.60 per cent for financial year 2015-16.
All these were done on the basis of forged papers.
You require a credit score to get fresh debt and you must have existing debt to get a credit score... Confused? Well, here's how they are related.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
The government on Tuesday night announced that Rs 500 and Rs 1,000 will be no longer legal tender after November 8, midnight. Here are the details you need know
National auditor says a significant part of NPAs was due to fraud and may never be recovered
Sectoral cyber security teams to be set up to curb attacks, cyber coordination centre likely be set up in New Delhi by June.
These institutes, while expensive, are a viable alternative to studying abroad.
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Jaitley said the Congress has given to the people many slogans but very little resources to implement its election promises.
After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life
The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.
Rajan tells RBI colleagues he will be returning to academics
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The rupee depreciated by 19 paise to trade at almost seven-month low of 61.94 against the US currency in early trade today at the Interbank Foreign Exchange on capital outflows amidst the dollar's gain against other currencies overseas.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
