Economy
Finance Minister Nirmala Sitharaman is expected to present the interim Budget on February 1. This is going to be her sixth Budget
Commercial papers are an unsecured form of short-term debt issued by corporations, which serves as a financial tool primarily directed at addressing i
These banks are offering better returns on fixed deposits with tenors more than just 7 days
The Allahabad High Court has observed that the Reserve Bank of India has been a "mute spectator" while banks are imposing arbitrarily high interest ra
The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank, as per an exchange filing
The number of tax payers filing income tax returns has more than doubled to 7.78 crore in the past 10 years, as per government data. Releasing key st
Private sector lender Karnataka Bank on Tuesday reported a 10 per cent rise in net profit to Rs 331 crore for the third quarter ended December 2023.
Meanwhile, 37 per cent business leaders expect the growth to remain below 6 per cent, as they cite rising inflation rates, supply chain challenges, an
The central bank in its draft framework had said that the industry needs to answer the question of how an SRO-FT would create incentives for membershi
Affordable housing finance company SMFG Grihashakti on Tuesday said it has secured Rs 300 crore funding from the National Housing Bank (NHB). This is
Banks will see a big ATM refresh cum addition cycle in the next 12-18 months, involving replacement of nearly 40,000 ageing ATMs. During 2022-23
Gold loan company Indel Money, which aims at initial public offering (IPO) in 2026-27, on Tuesday announced public issue of debentures worth Rs 200 cr
The ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated completion c
India's top priorities for the MC13 include securing a permanent solution for its public stockholding (PSH) programme. This programme seeks flexibilit
The government is planning to increase the number of projects under the Parvatmala Pariyojana, which is the national ropeways development programme, t
India was viewed favourably by major global corporations attending the recently concluded World Economic Forum (WEF) meet at Davos (Switzerland), a to
Union Petroleum Minister Hardeep Puri stated that the Indian economy is set to reach USD 5 trillion in the next financial year (2024-25) and aims to d
Senior citizen FD: On fixed deposits, most of the public and private sector banks offer 0.25% to 0.50% higher interest rates than what they offer to t
Expecting a fall in India's sugarcane production due to drought conditions in Maharashtra and Karnataka, India has banned use of sugar syrup and B-hea
Many individuals are not aware that even non-Indian passport holders or ‘devotees living abroad’ like OCIs (Overseas Citizen of India), PIOs (Pers
