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GST rates set to increase in biggest tweak since its launch

Move will increase burden on consumers but may generate close to Rs 1 lakh crore of extra revenue.

IL&FS and Essel Infrastructure

Dec 07, 2019, 12.13 PM IST

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IL&FS AND ESSEL INFRASTRUCTURE

RBI monitoring NBFCs to prevent systemic shocks; better companies getting pre-IL&FS rates

Central bank’s watching the top 50 NBFCs much more closely and is making deep dive into their books, their balance sheets and other numbers wherever necessary, says Governor Shaktikanta Das. He said that RBI has a fairly good idea of where the vulnerabilities lie. It is holding periodic discussions with the management and promoters of NBFCs.

IL&FS reports Rs 22,527 crore loss for FY19, revenue plunges 47%

This is the first earnings announcement after the government sacked its boar...

IL&FS takes InvIT route to sell nine road projects

An InvIT is like a mutual fund that allows a project’s promoter to monetise revenue-genera...

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