Ind-Ra keeps YES Bank on rating watch negative
Ind-Ra continues to await developments on Yes Bank's equity raising which in the agency's opinion is critical for providing sufficient cushion to the possible credit cost impact from the stressed asset pool on regulatory capital requirement in the short- and medium-term.
Fed likely to keep interest rates on hold, focus on balance sheet
US President Donald Trump on Tuesday repeated his call for even lower rates...
Sword of Damocles: Fiscal Deficit and Sovereign Rating
India's fiscal deficit is at the centre of debate after many years of calm. Finance mi...
Gold rate today: Bullion slips as traders move to riskier assets
Gold futures were down 0.34 per cent to Rs 40,105 per 10 gram.
What to expect from Budget 2020: Tweaks in I-T rates, DDT & LTCG
Few analysts say an income-tax rate cut may not materialise this time around.
Banks approve reduced fees for UPI, RuPay
After a letter from the Indian Banks’ Association (IBA) on removing entire fees on these transactions, which would have meant significant revenue loss for its owner National Payments Corporation of India (NPCI), the two parties have reached an understanding for now.
More infectious but less fatal than SARS
As per WHO statistics, 202 laboratory-confirmed cases of nCoV including three deaths were reported till last week. During the period of infection in the 2003 SARS outbreak, 774 deaths were reported. Public Health Foundation of India president Dr K Srinath Reddy said, “At present nCoV seems less virulent than SARS but looking at the quick spread it is more infectious than SARS.”
Expect Fed to hold rates steady while big ideas swirl outside
President Donald Trump has also called for negative interest rates, and said the US is missing an opportunity.
Revised property tax rate will not burden ordinary men: Kozhikode corporation mayor
Houses having 660 square feet need not remit any type of tax hence there will not be any burden of tax on the ordinary men.
Gold rate today: Bullion dips amid firm rupee, China virus concerns
Bullion counters may trade sideways, said brokerage SMC Global.
Gold rate today: Bullion jumps as investors rush to safety
Spot gold rose to its highest since January 8 at $1,586.42
Nomura maintains reduce rating on CEAT, raises target price to Rs 936
High capex and rising debt is likely to keep earnings growth subdued.
Ind-Ra cuts rating on Voda Idea debentures
“India Ratings and Research (Ind-Ra), has downgraded its rating on Non-Convertible Debentures of Rs. 3,500 crores of erstwhile Vodafone Mobile Services Limited (since merged with the Company),” said the telco in a regulatory exchange on Friday .
Government may get Rs 45,000 crore cushion on corporate tax cut
The govt is estimating a Rs 1 lakh cr loss due to a reduction in corporate tax, lower than what was expected.
ETRise Dialogues: Smart ways to raise funds. Join this panel discussion to know
MSMEs in the country face a plethora of challenges, but the primary issues hover around the availability of land, problems with labour and access to capital. In fact, these problems have persisted for decades and solutions often proved elusive.
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