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

July 06, 2019 02:01 IST
Finance Secretary Subhash Chandra Garg said that the government expects Rs 90,000 crore as dividend from the RBI in the current fiscal. This is 32 per cent jump from the previous fiscal, when the central bank paid Rs 68,000 crore to the government including Rs 28,000 crore as interim dividend.
Sat, Jul 06, 2019
July 06, 2019 01:54 IST
Union Budget 2019: The Centre has tried to lower cost of capital through policy measures and steps aimed at attracting foreign funds to trigger investment cycle.
Sat, Jul 06, 2019
July 05, 2019 04:35 IST
Suggests sunset clause in incentives for MSMEs, tax-payer friendly policy
Fri, Jul 05, 2019
July 05, 2019 03:00 IST
The survey pointed out that EPU index shows peaks in few months of 2011 and 2012, reflecting the policy paralysis during that period.
Fri, Jul 05, 2019
July 02, 2019 03:06 IST
Sources said some regulatory changes and measures relating to NBFCs sector are likely to be announced in the Union Budget slated on July 5. The RBI has already reduced the periodicity of the NBFC supervision to 12 months from 18 months earlier.
Tue, Jul 02, 2019
June 25, 2019 03:08 IST
Finance Ministry keen on substantial transfer of funds to the government.
Tue, Jun 25, 2019
June 21, 2019 04:55 IST
The move is critical at a time when the government needs to raise resources to spend and push growth without derailing its fiscal consolidation roadmap.
Fri, Jun 21, 2019
June 21, 2019 03:05 IST
In total 94 cases that were successfully resolved under the IBC till March-end 2019, 16 steel companies accounting for over half of the stressed debt yielded recovery of 53 per cent and haircut of 47 per cent.
Fri, Jun 21, 2019
June 17, 2019 01:02 IST
MFs and investors have started differentiating between wholesale and retail NBFCs. While earlier MFs had been investing heavily in commercial papers and NCD (non-convertible debentures) of all NBFCs, now they are doing pick-and-choose based on the kind of business model,” an industry source said.
Mon, Jun 17, 2019
June 12, 2019 01:17 IST
In an interview with The Indian Express, Vikram Kirloskar, president, Confederation of Indian Industry, said the government should reduce tax on equity to encourage asset creation will lead to employment generation.
Wed, Jun 12, 2019
June 08, 2019 04:32 IST
While credit rating agencies downgraded its debt papers this week, sources within DHFL said that it has repaid Rs 100 crore of commercial paper liability maturing Friday.
Sat, Jun 08, 2019
June 07, 2019 02:59 IST
Despite the worsening financial performance of IFIN over the years, the key managerial personnel kept getting salary hikes and incentives, the fraud office stated in its chargesheet.
Fri, Jun 07, 2019
June 06, 2019 03:36 IST
The chargesheet alleges that the audit committee effectively connived with the management of IFIN in misrepresenting its half-yearly accounts, and thereby getting favourable ratings from credit rating agencies.
Thu, Jun 06, 2019
June 04, 2019 00:10 IST
A panel by Ministry of Corporate Affairs had suggested adopting the United Nations Commission on International Trade Laws on cross-border insolvency.
Tue, Jun 04, 2019
June 01, 2019 04:35 IST
This is the lowest growth rate in 20 quarters and puts India behind China after almost two years. The rate was lower than this at 5.3 per cent in the last quarter of UPA II or January-March 2013-14.
Sat, Jun 01, 2019
June 01, 2019 02:01 IST
Sitharaman would draw upon her experience of serving the previous Narendra Modi government, as a Minister of State for Finance, then Corporate Affairs and later as a Minister of State (Independent charge) for Commerce and Industry.
Sat, Jun 01, 2019
May 31, 2019 01:40 IST
Key challenge for the ministry will be to push economic activity to arrest fledgling GDP growth.
Fri, May 31, 2019
May 30, 2019 04:30 IST
In his letter, Jaitley, who has been undergoing treatment, said he has faced serious health challenges in the last 18 months and needs to recuperate.
Thu, May 30, 2019
May 30, 2019 03:07 IST
As Arun Jaitley underwent a surgery in the US in January for a reported soft tissue cancer in his left leg, the Modi government’s sixth and final budget of its current term was presented by Railway and Coal Minister Piyush Goyal, who was the stand-in finance minister.
Thu, May 30, 2019
May 29, 2019 13:31 IST
In a letter addressed to Prime Minister Narendra Modi, Jaitley made a "formal" request to not be given any responsibility in the new government so that he can concentrate on his "treatment" and "health."
Wed, May 29, 2019
May 24, 2019 03:05 IST
The next phase of reforms roadmap is expected in the backdrop of a cyclical downturn. Gross Domestic Product (GDP) growth figures for January-March, to be released on May 31, are expected to depict a loss of momentum in India’s growth.
Fri, May 24, 2019
May 20, 2019 01:23 IST
The consensus is that the next government will have to step up capital infusion into public sector banks, two senior officials in the Finance Ministry told The Indian Express.
Mon, May 20, 2019
May 13, 2019 03:41 IST
The IBC requires a corporate insolvency resolution process (CIRP) to be completed in 180 days, which can be extended by another 90 days to a maximum of 270 days.
Mon, May 13, 2019
May 08, 2019 03:59 IST
NBCC plans to complete construction of the flats in phases between April 2021 and July 2023.
Wed, May 08, 2019
May 08, 2019 03:52 IST
The planned changes in rules are aimed at ensuring that mutual funds act as investors on behalf of the unit-holders, and not as lenders or bankers as has been found in recent cases.
Wed, May 08, 2019



