Banking & Finance
Yes Bank plans $1bn share sale
Yes Bank, the country’s fifth-biggest private sector lender by assets...
Check your new Income Tax assessment range before filing returns
With income tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the Income Tax department...
Yes Bank Q4 net profit rises 28% to Rs 551 crore
Yes Bank today registered 28.1 per cent rise in its standalone net profit at Rs 551 crore for the fourth quarter ended March 2015 on higher interest income...
Up next, PAN card to be issued in 48 hours flat!
The government will soon launch a facility under which a PAN card will be issued within 48 hours of applying.
Indian rupee gains 7 paise against US dollar
The Indian rupee rose by seven paise at 62.78 against the US dollar in early trade today at Interbank Foreign Exchange...
As forebearance ends, CDR cell sees no fresh referral
Starting April, any fresh restructured loan attracts the same provisions as non-performing assets (NPAs) at 15%
‘Tie-ups with e-commerce players can help banks deepen reach’
A day after RBI deputy governor HR Khan said banks can tie-up with e-commerce players for better customer reach, a report by an industry...
RBI advisory panel takes stock of money, bond market developments
An internal technical advisory committee of the RBI met on Tuesday to take stock of recent developments in the money, bond and forex...
Indian rupee slips to 3-month low, recovers; RBI intervention seen
The rupee bounced back after hitting an over three-month low intraday as public sector banks were seen selling dollars, possibly at the behest...
Tie-ups with e-commerce players can help banks deepen reach
A day after Reserve Bank of India (RBI) Deputy Governor H R Khan stressed on the need for collaboration between lenders and rapidly growing e-commerce players...
Govt retains interest rate for General Provident Fund at 8.7% for current fiscal
The government has retained the rate of interest for General Provident Fund (GPF) and other related schemes at 8.7 per cent for the current fiscal.
Indian rupee recovers from initials losses, up 6 paise vs US dollar
Indian rupee recovered from its sharp initial losses against the American currency in late morning deals...
Banks may soon assess you on your phone, power bill records
The move would be a major boost to credit eligibility of low-ticket borrowers.
Indian rupee down 55 paise vs US dollar, logs biggest fall in 2015
Logging its biggest fall of the year, the rupee plunged by 55 paise to close at over one-month low of 62.91 against the greenback...
Dollar loans rise, but hedging doesn’t
ECBs jump massive 92% in five years, but largely unhedged
Digitisation the central theme: Romesh Sobti
We go by sensing customer requirement and, later, engaging with them... We feel a satisfied customer will always be a good brand ambassador
With gold prices on a steady decline, it makes sense to buy
With gold prices on a steady decline, it makes sense to buy in a staggered manner than at one go
Tax implications of owning more than one house
The deduction for interest paid on purchase of a self-occupied property is restricted to R2,00,000. However, for a let-out or deemed-to-be-let-out property, the entire interest paid for purchase of th
Food inflation: Eyes on the sky
The Indian Meteorological Department will put up a provisional forecast for the course of the southwest monsoon this week, which should provide a better picture of food inflation...
Real estate evaluation: Crossing the ‘insurmountable’ hurdle
Unlike in the West, there are no standard agencies in India that value real estate properties.
Mutual funds: Dividends, long-term capital gains on ELSS are tax-free
Fixed-maturity plans (FMPs) typically invest in good rated (AAA & AA rated) corporate debt instruments with tenures matching...
EPIC or Aadhaar document enough to get PAN card
An EPIC or Aadhaar document will now be enough for any individual to obtain PAN card as the Income Tax Department has relaxed...
RBI, lenders huffing & puffing over interest rate cuts
Even after two interest rate cuts by the Raghuram Rajan-led RBI, except for State Bank of India, other state owned banks are yet to announce any reduction in their lending rates.
Indian rupee down 19 paise against US dollar
The Indian rupee declined by 19 paise at 62.55 against the US dollar in early trade at the Interbank Foreign Exchange...
Freedom fighter pensions to be given as per 1995 GR
In the wake of some recent bogus pension cases of freedom fighters, Maharashtra government has decided...
LIC gains sway in Axis Bank, buys 0.18% at Rs 243 cr
Building up its stake in private lender Axis Bank, country's biggest insurer LIC has bought over 43 lakh shares...
Most expensive private islands owned by celebrities
Oscar-nominated actor Leonardo DiCaprio is gearing up to construct another environment-friendly project, which is set to open its doors in 2018. This time, it is on his very own private island adjacen
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