Jaya is a woman of steel in the truest sense of the word. Despite being the first lady of filmdom, she's as real and rooted to the ground as anyone can get, notes Subhash K Jha on the actor-politician's 74th birthday.
A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
"Let's wait see what happens. This is the last quarter of the year where rates normally tends to increase. It would be unwise to say how rates will move in the next six weeks. We have also to see the demand-supply gap," Chief Executive Officer K V Kamath, told reporters in Mumbai.
Managing your money in January will set the trend for rest of the year, says Adhil Shetty.
Public sector banks, including the country's largest lender State Bank of India (SBI), have come out with a templated approach for restructuring retail and small business loans of up to Rs 25 crore under the Reserve Bank of India's (RBI) Covid restructuring package 2.0. They have also come out with standardised products to make funds available to business entities for improving healthcare infrastructure and to individuals for meeting Covid treatment expenses. Business loans have been divided into three categories.
The additional cash will now give the Centre more headroom for stimulating the economy.
Injured New Zealand all-rounder Corey Anderson joined the Mumbai Indians squad at its optional practice session in Mumbai on the eve of their crucial Indian Premier League match against Delhi Daredevils at the Wankhede Stadium, on Monday.
The announcement by Standard & Poor's (S&P) on Wednesday to cut its outlook for India from stable to negative should cause no surprise, even though it comes barely five days after a similar exercise by Moody's, which had retained its outlook on India as stable.
Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.
This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.
Beijing's growing assertiveness as kingmaker in Kabul has suffered a setback with Washington quietly moving in, observes Ambassador M K Bhadrakumar.
The loss of income has severely dented the loan repayment ability of small borrowers
A top-up loan could come to your rescue in an emergency. Here's why
While it is not clear whether the new form will be applicable from this year, some chartered accountants say that things can go both ways. The new deadline for filing ITR is November 30.
The stress in the banking sector, which mirrors the stress in the corporate sector, has to be dealt with in order to revive credit growth.
Inter-state supply may come under GST composition
Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.
Individuals and entities, whose accounts are not required to be audited, were mandated to file I-T returns by July 31.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
Becoming a unicorn is surely a marker for a company in its growth story, but it's not a major achievement nor is it a turning point of any significant worth.
'We have learnt lessons from Mamata Banerjee who overcame the BJP's canard by reciting Chandi Path and playing up her Brahmin origins in her campaign. We need to adopt strategies like asking Muslims to lie low and distributing tickets prudently so that we are not accused of favouring one community.' Radhika Ramaseshan reports.
They have cited higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules by the Reserve Bank of India (RBI) as some of the reasons.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Digital commerce operators advertising on global social media, which earlier did not pay Google tax on their operations in Jammu & Kashmir, may now have to cough it up at 6 per cent.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
One of New Zealand's most successful coaches who is now currently director of cricket at the Royal Challengers Bangalore, Mike Hesson expects Rohit and Gill to open but wants Agarwal, who lost his spot in the eleven after two Tests in Australia, to be given a chance.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
I M Vijayan is amazed at Indian football's leap from amateurism to professionalism.
Bihar Chief Minister Nitish Kumar on Wednesday lamented that a section of people start "chanting" 'Jungle Raj' after every incident of crime in the state and said the government has decided to set up a battalion for safeguarding banks and other such establishments.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
A bench of Justices D Y Chandrachud and Hemant Gupta, in its detailed verdict rejected the submission of the then Kamal Nath government that governor at best can call session of assembly but cannot direct for holding floor test in the running house.
The study showed that 50 per cent of households have reduced the number of meals ever since the lockdown was imposed
If Indian football is dreaming big, much of the credit goes to Colm Toal who has been working with the age-group teams as the technical director in Goa since 2007.
The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.
Dhoni remained not out on 42 off 31 balls, having hit the only six in the Indian innings, compared to England's 13.
India has expressed concern that foreign fighters involved in the conflict in Syria have moved to other places as mercenaries, as New Delhi underlined that it is ready to play a constructive role in the Security Council to help realise the objective of the West Asian country reclaiming its place in the comity of nations.
'The writer remains the most creative force in the process.' 'Producers need to be inventive in how they reward good writing.'
As a percentage of the aggregate Budget expenditure, it is 12 per cent.