Maha governor announces financial relief for rain-hit farmers
The relief entails Rs 8,000 per hectare up to two hectares for agricultural Kharif crops and Rs 18,000 per hectare up to two hectares for horticulture/perennial crops.
New IBC rules to cover financial service providers
The corporate affairs ministry has notified the Insolvency and Bankruptcy Rules, 2019. It will provide a generic framework for insolvency and liquidation proceedings of systemically important Financial Service Providers (FSPs) other than banks, an official statement said.
Importance of a Financial Planner
Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. The first step in developing ...
Fed says US financial system resilient; flags low rates, 'stablecoin' as risks
Business credit has continued to grow faster than the economy.
7-year-old girl wins ‘Doodle for Google’ 2019 competition in India
A 7-year-old class 2 student, Divyanshi Singhal from Gurugram has won 2019 ‘Doodle for Google’ competition in India. She doodled her hope to...
To Mumbaikars' surprise, this year's Alphonso mangoes came from Malawi, not Konkan
Fruit and corruption are not just an Indian tradition, as a recent scandal in Japan showed.
How trust deficit at multiple levels is hampering animal spirits and growth in India
India’s economy and businesses are facing many measurable, well-understood challenges. But an invisible crisis that is just as corrosive and harder to fix is underway: the erosion of trust. This is playing out at multiple levels.
After 131 years, Financial Times set to get its first woman editor
Roula Khalaf earlier served as deputy, foreign and Middle East editor at FT.
India, Switzerland ink pact on sharing financial information
India has entered into an agreement with Switzerland under which the latter has already begun sharing information on accounts of Indian nationals in Switzerland. Dealing with the issue of black money in foreign jurisdictions has been one of the key priority area for the Indian government.
Govt will be forced to slash spending this year too: Crisil's DK Joshi
"Fiscal policy doesn't have much space. Government is avoiding any fiscal stimulus to the economy and revenues are falling short. They will have to cut expenditure again just as they did last year unless they are able to realise a lot of money by privatisation or divestment or asset sales," Joshi said at an S&P Dow Jones Indices event.
Radha Soami chief admits to financial dealings with Singh brothers
According to a 74 page affidavit filed in the High Court, chief of Radha Soami Satsang Beas (RSSB) Gurinder Singh Dhillon has said that in 2010, RHC holdings Ltd (respondent 19) through Singh brothers had approached him to assist them in subscribing for the rights issue, suggesting that they would finance Dhillons to subscribe to the rights issue.
Wall Street Weekahead: Sagging consumer discretionary shares look for a spark
65 per cent of the companies in the sector that have reported earnings have topped expectations.
Buy and forget top 4-5 PSU banks for next 2 years: Ajay Bagga
Earnings are picking up after 4-5 years of flat lining and are also expecting multiples expansion.
US charges another ex-JPMorgan executive with alleged market manipulation
Indictment also alleged that Ruffo and his ex-colleagues defrauded JPMorgan's clients.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service