Finance Minister Piyush Goyal said the instances of people running away and evading the legal process was increasing and this needed to be stopped, as the current laws do not allow fully dealing with the severity of the problem.
No religion or God says that you have to visit pandals and temples and mosques to pray, Vardhan underlined.
Office space rentals in India are expected to fall up to 20 per cent in the next three quarters, with key cities like Delhi and Mumbai slated to witness a sharp decline of 50 per cent.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.
'A tornado... when it lands, it swirls through the body, causing chaos, confusion, coughs, wreaking damage to each organ it touches.'
Two fire officials were seriously injured while trying to contain the blaze which broke out around 1.45 am.
Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.
Other bidders include Abu Dhabi Investment Authority.
In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to "block" Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans.
The assets have been attached as part of five separate orders issued by the central probe agency under the Prevention of Money Laundering Act, it said.
Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'
The ED slapped criminal charges of money laundering on the basis of the Mumbai Police FIR that was filed in August this year, which itself was filed on the basis of a similar complaint by the state economic offences wing.
The Janata Dal-United, Rashtriya Janata Dal and Congress legislators on Wednesday created ruckus in both Houses of Bihar legislature over recovery of Rs 1.14 crore, $600 and ornaments stolen from the house of Bharatiya Janata Party MP Giriraj Singh and demanded his arrest and termination of Parliament membership alleging it as "black money".
The two-and-a-half-foot idol was looted from the Sivan Temple in Tamil Nadu's Sripuranthan village.
Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter.
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
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RBI on Wednesday surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
'Civil matters like loan recovery are being connected with criminal allegations, without any basis.'
The lawyer also claimed "there is no evidence to prove any of the charges levelled against my client."
Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Hudco had in 2006 given a loan of Rs 62.38 crore to Bakshi's private venture, Ascot Hotels and Resorts, for a commercial project in Noida. The loan, however, turned NPA in 2011.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
Penalties for undisclosed foreign income and assets extend up to 300%.
The Debt Recovery Tribunal, Mumbai, has issued a fresh notice regarding the bankrupt Daewoo Motors India Ltd, placing
The report further noted that inflation is expected to fall to 4.5 per cent by quarter ended March 2017.
To ensure faster recovery of dues for entities hit by the Rs 5,600-crore (Rs 56-billion) fraud at NSEL, the government last month ordered the merger of the bourse with its parent firm Financial Technologies (India) Ltd.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
In worldwide trade, the US dollar retreated from its recent multi-year highs to trade subdued against major rival currencies
The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies.
Lakhs of people were rendered homeless as cyclone Amphan cut a path of destruction through half a dozen districts of West Bengal, including state capital Kolkata, Wednesday night, blowing away shanties, uprooting thousands of trees besides swamping low-lying areas.
Green vegetables contain a high amount of soluble and insoluble fiber to balance your good and bad gut bacteria.
