Jaspal Bindra, executive chairman, Centrum Group, told Sandeep Singh that the thrust on infrastructure, creation of Bad Bank are very positive and it will provide appetite for credit exposure to banks.
The challenge of job creation in India, specifically in the transition of the over half its workforce employed in agriculture, gets much tougher keeping in view the overreliance on service to drive this growth. Globally, such
Land acquisition problems, as a reason for stalling of project implementation, have come down to under seven per cent over the last two years, down from 16 per cent in 2013-14 and 13 per cent in 2012-13.
A source close to the development revealed that since the quantum of work to be done by each city is huge, the government wants to announce the names of the next set of cities in order to give them ample time to start work an
According to the data sourced from Association of Mutual Funds of India, the industry paid a total of Rs 1,832 crore in salaries for the year 2014-15 and it was 105 per cent of the total amount that the industry earned in pro
The success of the Centre’s ambitious project to add five new ports and develop the existing ones hinges mainly on co-ordination between the National Highways Authority of India (NHAI) and the Ministry of Railways.
If the Kingfisher Airlines loan default case unravels the alleged nexus between bankers and businessmen, a close look into the list of wilful defaulters disclosed by Credit Information Bureau (India) Limited (CIBIL) and banks
The Department of Telecommunications (DoT) has come down hard on RailTel for slow progress of work relating to the National Optical Fibre Network (NOFN) project, which it said holds high importance for Prime Minister Narendra
The Securities and Exchange Board of India’s (Sebi) latest move asking mutual funds to disclose the actual amount paid as commission to distributors and also to provide details of expense ratio of direct and regular plans i
Budget 2016: Around 3.7 crore EPF members may be fretting over the government’s proposal to tax 60 per cent of the corpus unless it is diverted into an annuity plan, but there is conspicuous cheer from one corner — life i
Budget 2016: The govt has specifically said that the contributions made in employees' provident fund until March 31, 2016 will attract no tax at the time of withdrawal. It will be only applicable on contributions made on or a
Budget 2016: To boost demand in the affordable housing category and provide more tax benefits to home buyers, the government proposed an additional deduction of Rs 50,000 on interest component of home loan EMI for first-time
The BSE Sensex has witnessed a 23% fall in the past 11 months. However, experts believe that investors should stay put through this period of mayhem while new investors should look at new opportunities to enter the market
Punjab & Sind Bank posted the biggest decline of 35 percentage points, from 81.8 per cent to 46.8 per cent, in the provisioning coverage ratio. Andhra Bank followed with a decline of 25 percentage points.