India ranks 47th out of 56 countries in housing price appreciation: Report
The report ranked India at the 47th spot among the 56 countries/territories tracked, in terms of appreciation in residential real estate prices, with a marginal 0.6 per cent year-on-year (YoY) rise in home prices.
UTI Mutual Fund gets Rs 20.50 crore from Altico Capital
UTI Credit Risk Fund had an exposure of about Rs 200 crore in debt security of Altico...
Trump safe as Republicans unlikely to break ranks: Alastair Newton
Donald Trump is likely to turn his attention increasingly to the European ...
Offshore bond craze rolls on after record issuance in 2019
The firms sold a record $22 billion of notes overseas in 2019.
India's fintech adoption fairly advanced: Monsoon CreditTech's Ashwini Anand
Monsoon CreditTech is one of the seven fintech companies to be part of Mastercard Start Path programme. Talking to ET Online, the startup CE...
Telecom companies won’t get input tax credit refund: Sushil Modi
Demand for Rs 36,000 crore relief not considered, says convener of the GoM on Integrated GST. Telecom service providers have been urging the government to refund the input tax credit or adjust the amount against their statutory dues. They have sent several requests to the finance ministry. Adjustment of credit refund against the dues would've helped telcos.
Good to see PM intervening in economy, we wait to see action: Ajay Piramal
A lot of changes have taken place in the environment for doing business in India. All of these measures are geared towards improving corporate governance practices. Sometimes, one may feel that the changes which are being suggested are much too rapid and these could have been put in place more gradually but this is the way the world will be.
US: Armed man inside Illinois bank with at least 1 hostage
Authorities in Illinois said customers or employees were stuck inside a bank with an armed robber Friday. Police surrounded Heritage Credit ...
Diamantaires, jewellers may get dollarised credit limits
The move will help these borrowers shield themselves from fluctuations in the dollar-rupee exchange rate.
8 credit card misconceptions versus the reality
Credit cards offer free credit till the end of the 30-day billing cycle and the payment is due in about three weeks. Also, credit card debt is the costliest form of borrowing. When you withdraw cash using it, the interest charged is 2-3% a month.
Bank credit grows 7.10% to Rs 99.47 lakh cr; deposits up 10% to Rs 130 lakh cr
On a year-on-year basis, banks' credit growth slowed to 7.2 per cent to Rs 86.73 lakh crore in November 2019 from 13.8 per cent increase to Rs 80.93 lakh crore in the year-ago period.
Sebi tweaks rating withdrawal norms for CRAs
Sebi said at the time of withdrawal, the CRA should assign a rating to such instrument and issue a press release mentioning the reason for withdrawal of rating.
High input tax credit mismatch under I-T lens
Revenue secretary Ajay Bhushan Pandey has directed senior income tax officials to identify cases of suppression of personal income or tax evasion, and take stern action, but without troubling genuine tax payers.
Realty sector: System-wide credit losses to lenders jump to 7.33% in June 2019
System-wide credit losses have jumped from 5.74% in June 2018, according to the RBI data.
Spice production has jumped in India, says PM Narendra Modi
PM Modi also said that South India has a large share in the production of pulses, oil and coarse grains. “Seed hubs have been built to promote pulses production in India, of which more than 30 centers are located in Karnataka, Andhra, Kerala, Tamil Nadu and Telangana itself,” he said.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service