Don't unscramble scrambled egg, govt tells SC on note ban

Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of......

RBI proposes to allow banks to fund acquisitions

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

Companies like PhonePe are entitled to an annual incentive for the promotion of low-value UPI transactions. This incentive has been coming down over years. Key Points Tiger Global and Microsoft......

How Winter Session Sets Stage For Budget

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A......