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The government has received Rs 40,000 crore in this financial year as surplus transfer from the RBI, lower than the budgeted amount of Rs 45,000 crore for 2018-19, he said.

The committee will review the existing status of digitisation of payments in the country, identify the current gaps in the ecosystem and suggest ways to bridge them and assess the current levels of digital payments

The MCA order of January 7 directing an investigation into the three Birla firms is based on a September 2018 inspection report of the RoC that has alleged diversion of funds by these three firms.

The decision was taken at a three-hour marathon meeting between civil aviation ministry officials and representatives of the airlines and Pratt & Whitney to review the situation about the engines.

According to Kelkar, in order to make the NITI Aayog more effective, it is essential to ensure that the institution is at the “High Table” of decision making of the government.

The loan stacking study shows that default rates in borrowers taking multiple loans from multiple lenders within a period of 60 days have increased from 2.5 per cent to 4.4 per cent from September 2015

The goods and services tax (GST) was rolled out on July 1, 2017. As per the GST law, the Centre compensates states to ensure that their revenue is protected at the level of 14 per

The committee, which will have 90 days to submit a report, will review the existing status of digitisation of payments in the country, identify the current gaps in the ecosystem and suggest ways to bridge

The incentives from the government such as lower GST rates and infrastructure status to affordable housing have fuelled the demand in the sector, Knight Frank India CMD Shishir Baijal said.

Air India had failed to pay to its over 20,000 employees on time for most of the months last year. Like other public sector enterprises, the airline is supposed to pay the salaries on the

The 11th chief economist of the IMF, Gita Gopinath in a recent interview to The Harvard Gazette described her appointment at the IMF as a “tremendous honour”.

Prosecutors in Tokyo charged Ghosn with falsifying financial reports in underreporting his income. Ghosn was to get his first chance to directly tell his side of the story at the courtroom hearing.

The share exchange ratio agreed by both boards is 568 equity shares of face value of Rs 10 each of Bandhan Bank to be issued for every 1,000 equity shares of Rs 2 face value

This is despite a robust 43.5 per cent year-on-year (y-o-y) growth in number of income tax e-returns filed for the first nine months of the fiscal, which stood at 6.25 crore.

Essar Global has now repaid around Rs 6,300 crore to ICICI Bank, Axis Bank and Standard Chartered Bank.

Supreme Court seeks response from RCom Chairman Anil Ambani on a plea by Ericsson seeking contempt proceedings against him for failing to clear dues.

Currently among the large airlines in India, turbo-prop aircraft are operated by IndiGo, Air India-arm Alliance Air and Jet Airways, which operate ATR airliners and SpiceJet that flies the Bombardier Q400 plane.

The RBI Governor also said that the liquidity requirement of economy and financial institutions are met to a “great extent” and has already announced Open Market operations of Rs 60,000 crore based on inputs from

For UDAN 3.0, the government received 111 proposals from 15 airlines including existing bidders such as Air India-subsidiary Alliance Air, IndiGo, SpiceJet, Jet Airways, Turbo Megha Airways and new airlines such as Andaman Airways, Aarya

During April-September, the GDP growth was recorded at 7.6 per cent. With GDP growth estimated to be 7.2 per cent for the full year, the GDP growth will work out to be 6.8 per cent

“For sanctions/ enhancement of limits for working capital/ term loans, the time limit for sanction may be fixed at 15 days from the date of application and for disbursement, the time limit may be fixed

According to the CSO data, the expansion in activities in 'agriculture, forestry and fishing' is likely to increase to 3.8 per cent in the current fiscal from 3.4 per cent in the preceding year.

Gautam Singhania had filed the suit in September 2018 seeking an injunction on the proposed book, and also sought a copy of the book's manuscript.

NPS allows tax benefit under both Section 80(C) and 80(CCD), allowing you a total tax deduction benefit up to Rs 2 lakh.

Ericsson had moved initiation of contempt proceedings for the second time against Reliance Communication chairman Anil Ambani for allegedly not complying with its order to clear dues of Rs 550 crore.