AUM does not reduce much when gold prices come down: George Alexander, Muthoot Finance
Gold loan business continues to be one of the best lending businesses because there are no NPAs there. AUM is always growing and there is always liquidity in the market. Our focus will continue to be on the core gold loan business. In the next 3-5 years, share of non gold business may grow to 15-20% from 10% at present.
Meet the Bengali refugees who now dominate businesses, farms in Chhattisgarh's tribal belt
They control three commercial hubs in and around P...
There's no free lunch, can't promise to grow 20% in sectors with negative growth: Dinanath Dubhashi, L&T Finance
We do not think there will b...
Telling investors to gradually tilt towards mid, smallcaps: Harsha Upadhyaya
Wherever the mandate allows, we have been selectively adding to mid and small caps.
Voda Idea jumps 13% as lenders expect govt intervention in AGR issue
ET NOW reported quoting agencies that Vodafone Idea and Bharti Airtel said to have seeked more time from the Supreme Court for repayment of dues.
Hallmarking now a must for gold jewellers
The rule is mandatory from today but jewellers get a year's time to register with BIS, clear their old stock.
Are you ‘sober curious’? You can now 'dabble' in alcohol by trying these delicious non-alcoholic cocktails
“Dry January” has gone from punchline to mantra for bars nationwide.
Now, cash recharge option for FASTags
The government will roll out the option of cash recharge for FASTags to accelerate its adoption.
SEZ eligibility may now depend on new jobs, R&D and not forex
The commerce department has proposed to replace the positive net foreign exchange (NFE), a primary requirement for SEZ units, with the new eligibility criteria in the wake of the extant SEZ policy being challenged in the World Trade Organisation (WTO), and a panel led by industrialist Baba Kalyani suggesting a revamp of the policy, officials aware of the development said.
Will stick to EPC in road projects for now: Nitin Gadkari
“We will do more of EPC projects at the moment,” Gadkari told ET in a brief interaction. With the ministry’s priority being monetisation of assets, engineering, procurement, construction (EPC) — which is entirely funded by the government —is the preferred mode of project award, Nitin Gadkari said.
1,000% return in 10 years! This stock now stares at an uncertain future
There is no good news for the stock, which delivered a solid 58% return in the last one year.
Hallmarking of gold jewellery mandatory now. Here's what you need to know
The way you buy gold changed from January 15 as hallmarking has now become mandatory. There are four components that you should look for on the hallmarked gold jewellery to ensure the purity of gold. Here is a look at each of them in detail.
FASTag mandatory now. Here are banks' customer care numbers for help
FASTags are currently issued by 23 certified banks through various channels such as Point-of-Sale (POS) at National Highway toll plazas and select bank branches. They are also available on e-commerce platforms such as Amazon and on Paytm.
IITs now turn more to alumni for funding
With insufficient govt funding, institutes are setting up alumni development offices, forming alumni boards to reach out. From setting up alumni development offices in India and abroad and forming teams and alumni boards with outside professionals to advising on fundraising to launching pro-active alumni outreach activities, IITs are going all out to attract their wellplaced former students to give back to their alma mater.
Won't hear Sabarimala reviews for now: Supreme Court
A nine-judge bench, led by CJI SA Bobde, justified its decision to have an early hearing on the limits to which right to religion can be claimed especially when it impinges on the rights of another section to do the same – in this case, the right of a woman to pray.
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