Though bankers point out that the quantum of NPAs in the housing sector is well below one per cent mark in Gujarat, they say most of the defaults happen in cases where a home buyer

The 30-share index was trading 158.33 points, or 0.40 per cent, lower at 39,792.13 at 0940 hours. Similarly, the broader NSE Nifty was quoting 44.95 points, or 0.38 per cent, down at 11,920.65.

Raising questions of propriety and conflict of interest, the internal probe report reveals that while IFIN extended questionable loans to Ansal Group companies, Bawa had financial links with Ansal Group companies through AAA Infosystem that

Arvind Subramanian, in a recent research paper published at Harvard University that formed the basis of his piece in The Indian Express Tuesday, concluded that the country’s growth has been overestimated by around 2.5 percentage

According to the complaints from the two state-run banks, Mehta allegedly cheated Bank of Maharashtra to the tune of Rs 323.40 crore while Union Bank of India suffered a loss of Rs 264.15 crore, sources

The committee will review the existing structures and patterns of costs, charges and interchange fees for ATM transactions, the overall patterns of usage of ATMs by cardholders and assess the impact, if any, on charges

Together the 3 projects are expected to develop total of about 3 trillion cubic feet of discovered gas resources, RIL said

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.

On June 5, rating agencies downgraded the rating on DHFL to the ‘D’ category indicating that certain debt instruments of DHFL are in “default or are expected to be in default soon”.

Carmakers including Maruti Suzuki, Tata Motors, Mahindra & Mahindra (M&M) had cut production during April-May between 4 to 10 days. The idea was to reduce unsold inventory piled up from the previous years’ festive months,

Reduction in direct tax rate to a maximum of 18 per cent, reducing the dividend distribution tax and reform of land and labour laws were among the suggestions made by industry ahead of the Budget.

Once notified by the Health Ministry, the CDSCO will be able to prohibit the manufacture, sale and distribution of these Electronic Nicotinic Delivery Systems

As per the new returns system, the existing monthly summary returns GSTR-3B shall be completely phased out from January, 2020 and will be replaced by the new form ‘GST RET-01'

Arvind Subramanian, in an article published by The Indian Express, said his research found that the actual annual growth rate may have been about 4.5 per cent, below the official estimates of 7 per cent.

The dairy firm will offer all products in its kiosks, including products from Safal and Dhara. Mother Dairy currently operates around 900 booths and 250 kiosks at various locations and societies in the National Capital

The scrip tumbled 14.41 per cent to Rs 107.15 -- its 52- week low -- on the BSE. At NSE, shares plunged 14.82 per cent to hit one-year low of Rs 106.30.

Speaking over a conference call, Ambani said that this amount included inter alia debt servicing payments by Reliance Capital Group, Reliance Power group and Reliance Infra Group, and their respective affiliates.

Domestic car sales were down 26.03 per cent to 1,47,546 units as against 1,99,479 units in May 2018, according to data released by SIAM on Tuesday.

Domestic indices extended gains as investors sentiment remained positive amid easing concerns over a global trade war after the United States dropped its threat to impose tariffs on Mexico, traders said.

IL&FS had a total outstanding debt of Rs 99,354 crore April-end, and the quantum of DHFL debt recently downgraded to D category recently is Rs 1,02,563 crore.

The move follows a probe by the Serious Fraud Investigation Office’s (SFIO), which found that auditors failed to present the “true and fair” state of affairs of IFIN.

On the Gross Domestic Product (GDP) estimates, the Ministry said the revision in GDP estimates occurs when data coverage from administrative sources improves over time and these improvements get well documented.

Earlier, additional facilities made BSBD accounts like a normal savings account, thus attracting requirement of maintaining minimum balance and other charges.

According to data released by the Association of Mutual Funds in India (AMFI), credit risk funds witnessed Rs 4,155 crore worth of outflows in May.

Despatches to dealers had fallen by 24 per cent y-o-y, among the steepest monthly declines in at least seven years.