finance

229 taxmen died of COVID; MoS Anurag Thakur says nations will remain grateful

229 taxmen died of COVID; MoS Anurag Thakur says nations will remain grateful

Minister of State for Finance Anurag Thakur on Saturday condoled the death of 229 taxmen in the line of duty due to COVID-19 complication...Read More

Citigroup planned an exit from 13 markets: Now is planning new operations in one of these 13 markets

Citigroup planned an exit from 13 markets: Now is planning new operations in one of these 13 markets

After announcing an exit from 13 markets including India and China, Citigroup is planning a comeback. But this return is only to China, a...Read More

Sensex zooms 800 points: Banking, metal and finance stocks witness healthy buying

Sensex zooms 800 points: Banking, metal and finance stocks witness healthy buying

The BSE Sensex surged over 800 points tracking a rise as traders returned to the market after three days. Rise in the Asian markets also ...Read More

Banking and finance sector in budget 2021: Are we putting the cart before the horse?

Banking and finance sector in budget 2021: Are we putting the cart before the horse?

The finance minister has been lauded for her decision to create a bad bank and thus clean up the books of public sector banks (PSBs). Man...Read More

Budget 2021: Touted as growth-oriented budget

Budget 2021: Touted as growth-oriented budget

Indian stocks markets are hitting all-time high and if one were to look at fundamentally on earnings basis, it’s trading close to one of...Read More

Supreme Court asks banks to finalise proposals to finance unfinished Amrapali projects

Supreme Court asks banks to finalise proposals to finance unfinished Amrapali projects

The Supreme Court on Monday directed the counsel representing various banks, along with officials concerned, to meet the court-appointed ...Read More

DPIIT sends PLI proposal for LEDs, ACs to expenditure finance committee for approval

DPIIT sends PLI proposal for LEDs, ACs to expenditure finance committee for approval

The Department for Promotion of Industry and Internal (DPIIT) has sent a proposal for providing incentives to ACs and LED lights under th...Read More

By Diwali, NBFC’s collection efficiency to normalise

By Diwali, NBFC’s collection efficiency to normalise

CNew Delhi, Sep 9 (PTI) NBFCs have ramped-up their collection infrastructure aggressively and growth is visible across product segments, ...Read More

Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs

Debt recast: FIDC suggests dropping additional provisioning requirement for NBFCs

The Finance Industry Development Council (FIDC), a representative body of non-banking finance companies, on Monday urged Finance Minister...Read More

UK public debt breaches 2 trillion-pound mark for the first time

UK public debt breaches 2 trillion-pound mark for the first time

Britain's government debt has breached the 2 trillion-pound (USD 2.6 trillion) mark for the first time after heavy borrowing to support t...Read More

More finance instruments needed to attract investments to India

More finance instruments needed to attract investments to India

During the COVID-19 crisis, the Indian government and regulators are mulling over various mixes of finance instruments to revive the Indi...Read More

Near-term recovery of NBFIs is a distant dream

Near-term recovery of NBFIs is a distant dream

Non-bank financial institutions (NBFI) was already struggling with liquidity issues adding to it for the COVID-19 strike. It does not see...Read More

Paytm to acquire Raheja QBE General Insurance

Paytm to acquire Raheja QBE General Insurance

Financial technology platform, Paytm is set to acquire Mumbai-based private sector general insurer, Raheja QBE. However, the company will...Read More

From defence to mining: Old wine in new bottle which FM Nirmala Sitharaman passed off as COVID-19 announcements

From defence to mining: Old wine in new bottle which FM Nirmala Sitharaman passed off as COVID-19 announcements

Over the last five days, the finance minister Nirmala Sitharaman, had announced a series of measures to give a boost to the Indian econom...Read More

Regulator SEBI is offering internship

Regulator SEBI is offering internship

Markets regulator Sebi on Wednesday invited applications for internship programme in its economic and policy analysis department for one ...Read More

Women Jan Dhan a/c holders to receive next installment from Monday

Women Jan Dhan a/c holders to receive next installment from Monday

Women Jan Dhan bank account holders will start getting the second installment of Rs 500 from Monday in line with the announcement made by...Read More

Air India manages to keep afloat despite deteriorated finance

Air India manages to keep afloat despite deteriorated finance

"Air India has been passing through a critical financial condition much before the Covid19 onslaught.

Maha Budget 2020: Loan waiver stressing state's finances

Maha Budget 2020: Loan waiver stressing state's finances

Furthermore, the growing expenditure commitment due to increased spending in the social sector has also added constraints on state financ...Read More

Mumbai: Director beaten up for seeking refund of commission

Mumbai: Director beaten up for seeking refund of commission

According to the complainant, he had approached the accused to arrange for finance of at least Rs 5 crore

Lower GST mop-up

Lower GST mop-up

A lower GST mop-up is set to strain government finances and make it difficult to meet fiscal target. Besides, the burden would increase o...Read More

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