In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
Reserve Bank of India on Thursday said the bank would use all its instruments to manage liquidity in the system following increased FII inflow.
There has been demand to hike the PF interest rate to 8.90 per cent.
'Hope they don't tinker around with capital gains tax in any way.'
Banks shall not charge fees for transactions settled on IMPS and UPI in excess of rates charged for NEFT for transactions above Rs 1,000, the order said.
Economy improving but long way to full recovery, says FSDC.
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The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'
Over 18 crore workers are expected to participate making this a much bigger strike than last year.
Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".
Chief Minister Charanjit Singh Channi had convened an emergency meeting of newly reconstituted Council of Ministers in view of the 'Bharat Bandh' call given by the Samyukt Kisan Morcha (SKM) to protest against the three agri laws, an official statement said after the cabinet meeting.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
The norms, say industry experts, are not sufficient to weed out fly-by-night contractors.
These schemes are expected to perform in the next 2-3 years.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
the connection between the sunflower mystery and the 'rotatable solar trees' India plans to develop.
The Airports Authority of India (AAI) has asked for selective exemption from the order to seek permission from the Union cabinet before the sale or long-term lease of any land of the government or a government-controlled statutory body.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.
'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others
Water flowing into Pakistan from the Sutlej, Ravi and Beas can be stopped only if three dam projects on this side of the border are completed.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
A court has stayed an order to Reserve Bank of India to publicly name top 100 loan defaulters.
As per the existing process of law under the PMLA, the ED could confiscate the assets only after the trial in a case finishes which usually takes many years.
Uddhav said there was no point in Modi becoming emotional at a time when people have tears in their eyes.
The one thing holding back the plucky youngster who has never hesitated to plunge into unknown territory, is funds
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
All this is happening at a time when aluminium prices in the world market are firming up.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
