As much as 90 % of this debt is owed by firms from either investment-linked or commodity sectors.
A DFC formula requiring airlines to earn credits by deploying capacity on home routes is one way.
A day after Minister of State for Finance Jayant Sinha pitched for enhancing the EPFO’s exposure to the stock markets,…
Following the prevailing uncertainties in the global markets and in line with growing calls to defer its interest rate hike…
The CBT also recommended removing the condition of continuous employment of one year under current employer before being eligible for…
Bharatiya Mazdoor Sangh (BMS) has decided to opt out of the countrywide strike on September 2 proposed by 10 central…
HDFC Chairman Deepak Parekh on Friday cautioned against undercutting interest rates in order to gain market share, saying it’s “a…
SBI chairman Arundhathi Bhattacharya said the Centre should think about “ways and means” to sustain social schemes like Pradhan Mantri…
The Pension Fund Regulatory & Development Authority (PFRDA) has sought the government’s clarification on the issue of regulating the pension…
Four grandchildren have asked the court to direct all concerned parties not to deal with the properties and wealth mentioned…
An unexpected move by China — to devalue yuan by over 3.5 per cent in two days to support its…
With demand for loans not showing any signs of pick-up, the growth in non-food bank credit offtake has fallen further…
Reserve Bank Deputy Governor SS Mundra has said the RBI would like to see, among other things, as to how…
Low capacity utilisation is the key challenge faced by most industrial sectors.
‘The day is not far off when the banks would be viewed more as technology companies offering banking products and…
The meeting comes just days after the finance ministry released a revised draft of the Indian Financial Code that would…
Finance minister Arun Jaitley also sought additional funds to the tune of Rs 12,010 crore for bank recapitalisation as part…
The government said that it will “soon” decide whether the FIIs would have to pay the MAT on the capital…
