The promoters of Dewan Housing Finance Corp Ltd (DHFLNSE 5.22 %), gripped by a liquidity crisis amid allegations of financial irregularities, have mandated Barclays Group Plc and
RBI minutes: Feb rate review minutes reflect RBI worry over growth slowdown – The Economic Times
In a major policy shift, the six-member MPC headed by Governor Shaktikanta Das on February 7 had lowered the repo rate by 25 basis points
India GDP: View: To call inequality India’s main problem is to miss the whole picture – The Economic Times
By Amit Varma Steven Pinker, in his book Enlightenment Now, relates an old Russian joke about two peasants named Boris and Igor. They are both
Importers, Tax dept approach Supreme Court over GST “self-assessment” – The Economic Times
If an importer has paid higher tax can he get a refund after finding his own mistake? About 25 importers are fighting the tax department
Scrap The Angel Tax, Don’t Just Dilute It–Economic Times
The government’s reported move to ease the rules on angel tax is welcome, but insufficient to allow free flow of venture capital to startups. Any
Pledged shares and real estate loans are worrying – The Financial Express
Pledged shares and real estate loans are worrying The somewhat reckless lending by NBFCs to promoters against shares of their companies is bound to take
What made India the fastest growing major economy? These govt reforms, says NITI Aayog – The Financial Express
The host of reforms undertaken by the government has transformed India into the fastest-growing major economy along with the macroeconomic stability not witnessed in the
Interim relief | Business Standard Editorials
In its latest board meeting on Monday, the Reserve Bank of India (RBI) decided to transfer an interim dividend of Rs 28,000 crore to the government in
Failure of duty – The Hindu BusinessLine
The Supreme Court’s ultimatum to Anil Ambani ordering him to either pay up dues his company owes Swedish telecom equipment maker Ericsson or face jail
What stops rural women from getting involved in entrepreneurship? | The Indian Express
In Dhani Shankar village, Bhiwani, Renu makes colourful bangles and cosmetic creams using natural ingredients. Renu was lucky to have received the support of her
More black money present within India than outside: Secret govt report – India Today
This report on black money was ready by December 2014 but its existence has been kept under wraps. A secret study commissioned by the finance
Rupee goes from best performing Asian currency to worst as oil, Kashmir puncture sentiment–The Print
India’s rupee has gone from being the best-performing Asian currency last quarter to the worst this year as rising crude prices and tensions over Kashmir
Jet Airways bailout puts focus on India banks’ debt-to-equity losses – The Economic Times
By Rahul Satija From cloth makers to shipyards, Indian banks are getting stuck with shares of companies that are rapidly losing value even as the
Giriraj Singh: When a Union Minister could not get banks to lend to small businesses – The Economic Times
Citing how it has always been difficult for people in SMEs to amass funds, Giriraj Singh urged bankers to align themselves with the needs of
Time for unity, stop sectarian attacks
It is welcome that last Saturday, the central government issued an advisory to the states, in the wake of reports of attacks on Kashmiris, particularly
IL&FS case| IL&FS probe: ED registers money laundering case, raids underway in Mumbai, Gurgaon–Economic Times
The Enforcement Directorate (ED) has registered a money laundering case in the matter concerning alleged financial irregularities in Infrastructure Leasing and Financial Services (IL&FS) Ltd. Raids are underway in Mumbai and Gurugram, atleast
Job crisis: Here’s how you can know actual employment scenario – The Financial Express
By Abhirup Bhunia The Indian jobs crisis has been brewing for some time now. The recently revealed NSSO data, confirming a 45-year-old high unemployment rate of
Soft on promoters, still | Business Standard Editorials
Jet Airways is selling a majority stake to its lenders for Rs 1, under a complicated arrangement that is on track to be put on
Why India needs a seriously tightened population policy to reduce poverty | Business Standard Column
Last month, I discussed China’s control of population growth rate that enabled it to dive below India — from the late 1960s — with a
GST Council extends deadline for sales returns till February 22, defers decision on real estate tax – The Hindu BusinessLine
GSTR 3B filing date extended till Feb 22 The Goods & Services Tax (GST) Council, for the first time on Wednesday, adjourned its meeting to