Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.

December 06, 2019 04:10 IST
As uncertainties surround the financial system — especially in the backdrop of failure of large institutions like IL&FS, DHFL, PMC Bank and some smaller NBFCs — banks are yet to fully pass on the rate reductions to customers.
Sat, Dec 07, 2019
December 05, 2019 01:01 IST
Debt ETF allows conservative investors to own securities of government-owned firms along with the facility of liquidity.
Thu, Dec 05, 2019
November 30, 2019 01:39 IST
Government expenditure was the key component supporting GDP growth, rising by 15.6 per cent in July-September 2019 (Q2FY20) as against 10.8 per cent in July-September 2018 (Q2FY19).
Sat, Nov 30, 2019
November 29, 2019 03:00 IST
Stake sale in THDC India Ltd and NEEPCO is expected to be completed by the end of the fiscal year.
Fri, Nov 29, 2019
November 21, 2019 04:30 IST
Sources said the Centre wants to retain 24 per cent stake in CONCOR given its importance in the railway sector, but will transfer entire management control to a private player since its remaining stake will be below the critical threshold of 26 per cent.
Thu, Nov 21, 2019
November 21, 2019 04:25 IST
Compared with bank fixed deposits that generate a post-tax return of around 5.5 per cent, this product could generate a return of over 7 per cent for the investors.
Thu, Nov 21, 2019
November 19, 2019 02:30 IST
Rs 1 lakh is all that a depositor can expect in the unlikely event of her bank failing. But this could change.
Tue, Nov 19, 2019
November 18, 2019 20:48 IST
The Supreme Court’s order is being seen as bringing the rigour and momentum back into the IBC as an effective tool to deal with stressed assets in the economy.
Tue, Nov 19, 2019
November 09, 2019 04:38 IST
While Moody’s has maintained the country ratings and only lowered the outlook, it still poses risks of capital flight unless the government improves its fiscal health materially through aggressive stake sale in state-owned companies.
Sat, Nov 09, 2019
November 08, 2019 09:35 IST
Moody's cuts India outlook to negative; government says India among fastest growing major economies in the world.
Fri, Nov 08, 2019
November 08, 2019 05:13 IST
The notification will allow existing consortium of lenders and the existing resolution professional to take the financial service provider or the NBFC to the NCLT and seek a resolution plan that is binding on all parties.
Fri, Nov 08, 2019
November 08, 2019 00:22 IST
Industry insiders say the special funding window may help completion of around 40 per cent of nearly 5 lakh housing units that currently stand stalled.
Fri, Nov 08, 2019
November 07, 2019 04:35 IST
Only for net worth positive projects, those classified as NPAs, before NCLT.
Thu, Nov 07, 2019
November 07, 2019 01:00 IST
The recent attachment of Bhushan Power & Steel Ltd’s (BPSL’s) assets by the Enforcement Directorate (ED) has created fresh doubts among bankers for using the IBC.
Thu, Nov 07, 2019
November 04, 2019 02:06 IST
While the proportion of unrated loans to total loans has stayed constant at around 40 per cent in last four years, NPAs in unrated exposures have surged steadily each year.
Mon, Nov 04, 2019
October 15, 2019 02:07 IST
While depositors holding less than Rs 1 lakh of deposits in a bank are covered by the deposit insurance, depositors holding more than Rs 1 lakh in an account have no legal remedy in case of the collapse of a bank.
Tue, Oct 15, 2019
October 08, 2019 04:03 IST
While economic growth in the state has steadily declined after an initial boost during the first year of the present government, the state’s fiscal performance has improved over the years.
Tue, Oct 08, 2019
October 03, 2019 04:42 IST
The growth in external debt over the last one year is the highest seen in the last five years since the 11.8 per cent growth recorded in June 2014.
Thu, Oct 03, 2019
September 26, 2019 04:35 IST
The reduction in corporate tax rates is set to cost Rs 1.45 lakh crore annually. The government has maintained that it would keep its fiscal deficit target of 3.3 per cent of GDP by March 2020.
Thu, Sep 26, 2019
September 25, 2019 04:45 IST
Through this month, regional provident fund offices have been sending out queries in a specified format to companies seeking “employment data of the proportion of SC & ST employees in total employment”.
Wed, Sep 25, 2019
September 21, 2019 05:01 IST
The government further announced a rollback back of the higher surcharge on capital gains on sale of equity shares announced in this Budget for individuals, HUFs, Association of Persons (trusts).
Sat, Sep 21, 2019
September 21, 2019 00:56 IST
When asked about the impact of the measures on the fiscal deficit, Finance Minister Nirmala Sitharaman said the government is conscious of the impact and expects the economic buoyancy resulting from these changes to generate significant resources.
Sat, Sep 21, 2019
September 17, 2019 01:05 IST
While the projects that have not turned into non-performing assets and are not under NCTL will benefit, analysts note that most stressed projects will not get any funding support.
Tue, Sep 17, 2019
September 14, 2019 01:34 IST
Elaborating further on community data, the committee argued that “degree of involvement of larger community in building the body of data” challenges the notion of “individual control over personal data”, the Ministry said in its order.
Sat, Sep 14, 2019
September 12, 2019 00:20 IST
PSBs have put up nearly Rs 10,000 crore worth of bad loan assets for sale to ARCs since July, more than double of total bad debt of Rs 4,000 crore that was sold to ARCs in April-June.
Thu, Sep 12, 2019


