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.
Why PM has given debt relief to richest people, and not to the people who have built this country, he said.
The Congress on Friday promised that if the party is voted to power in Gujarat, where assembly elections are due by the yearend, it would waive farm loans of up to Rs 3 lakh and provide free electricity for 10 hours daily to farmers in the state.
Uptick in growth projected in second half of current fiscal based on 10 factors including higher FDI flows, build up of demand pressure, positive GST revenue growth
Amarinder Singh failed spectacularly in these assembly elections -- his new party failed to open its account, his ally BJP fell flat and he failed to even win his own constituency.
Former corporator Yashodhar Phanse posed as Shiv Sena MLA Gautam Chabukswar and visited the constituency of Chabukswar, after party chief Uddhav Thackeray had directed all MLAs of the drought hit areas to meet farmers.
A total of 22,27,506 farmers have obtained loan of about Rs 10,736 crore from cooperative banks in the state.
Finance Minister P Chidambaram today announced a Rs 60,000-crore relief package for farmers, including complete waiver of loans given to small and marginal farmers.
All that happened in India in the past week, in photos.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
The 79-year-old widely respected and popular leader steered the Congress in 2017 to a landslide victory in the 117-member assembly to occupy the chief minister's post for the second time.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Sidhu asserted that he will continue to appear on The Kapil Sharma Show.
Farmer leader Sarwan Singh Pandher on Tuesday said the Centre should convene a daylong Parliament session to bring a legislation on the minimum support price (MSP) for crops, a key demand of protesting farmers.
'This has always been a trend by the ruling party, that they give assurances but never fulfill it.' 'The BJP is known for it as it is their character.' 'They agree when the farmers' movement is on, but turn their backs when the farmers leave.' 'We have to keep a constant pressure on the government for our demands.'
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
P V Subramanyam takes a hard look at the pros and cons of both options.
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At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.
A countrywide call for a 'gram bandh' between June 1 and 10 is set to be centred on Mandsaur district of the state.
Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the state machinery and his poll-fuelled populist schemes running.
Vijay Baghel and Jogi accuse the chief minister of prompting liquor vends across the state.
The finance minister has delivered a Rs 60,000 crore (Rs 600 billion) handout to farmers. How much of that will go to the farmers who are truly debt-stressed is a moot question. But is this the tonic that our farmers need in order to restore agricultural growth to the 4 per cent plus level that the Eleventh Plan wants? Are we addressing the right problems in our agriculture and food policy?
We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.
The Finance ministry is believed to have thumbed down the proposals of waiving interest payments on loans taken by states from the Centre.
Farmers, who are pressing for fair price and loan waivers, will march through Madhya Pradesh, Maharashtra, Gujarat, Rajasthan, Uttar Pradesh and Haryana
Sebi has proposed waiving off stamp duty on e-issuance of bond to the ministry of finance.
In case MGNREGA is expanded, officials said the total expenditure on farming-related works could reach up to 80 per cent of MGNREGA budget, as against the current 67 per cent.
Congress party in Maharashtra has its hopes pinned on a 'newly recharged' vice-president Rahul Gandhi for its revival.
Consultants who help lease these properties say this is the steepest decline at least in a decade.
The government on Wednesday sought Parliament's approval for additional net cash spending of nearly Rs 43,060 crore (Rs 430.60 billion) for 2007-08. This includes Rs 10,000 crore (Rs 100 billion) for creating a Farmers Debt Relief Fund for waiving the debt of small farmers. The expenditure outgo is part of the third and final batch of supplementary demands of grants for the current fiscal that was tabled in the Lok Sabha on Wednesday by Finance Minister P Chidambaram.
An interview with Amit Mitra, the finance minister of West Bengal.
The Congress, out of power in UP for 27 years is making a big pitch to bounce back, on a cocktail of caste politics and promises of agriculture debt waiver worth Rs 49,000 crore and power rate reduction for farmers hit by high input costs and diminishing returns., reports Amit Agnihotri.
Although the Opposition has been making a hue and cry over demonetisation, the BJP's programmes have been attracting crowds.
Trinamool Congress supremo Mamata Bannerjee on Friday rubbished allegations of understanding between her and Bharatiya Janata Party, stating that she attended the IISCO programme along with Prime Minister Modi as it was related to the state's development.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on Wednesday) announces that it has acquired an additional 39,644,346 ordinary shares in United Breweries Ltd (UBL) taking its shareholding in UBL from 46.5 per cent to 61.5 per cent," Heineken said in a statement. UBL, with its flagship brand 'Kingfisher', is the leading player in the beer market in India.
