Finance

Banks’ investment portfolio: RBI pitches for new classification, valuation norms

Aiming to align the investment portfolio of banks with the global prudential framework and accounting standards, the Reserve Bank of…

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Applying for your first personal loan? Five points to keep in mind

Personal loans are one of the most popular unsecured borrowing tools available in the market. They are easy to avail…

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Growth to slow down in Q4, small companies to be hit

With the third wave of the pandemic likely to disrupt businesses and households, economists are paring their growth estimates for…

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MNC royalty payments continue to moderate

Royalty payments by multinational corporations (MNCs) contracted by about 10 per cent in FY21 compared to a contraction in the…

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Rajya Sabha MP asks FM to stop Central Electronics sale

Rajya Sabha Member of Parliament John Brittas has written to Finance Minister Nirmala Sitharaman asking her to stop the sale…

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Privatisation can kicked down the road, push in health & PLI

Among the key reforms unveiled in Budget 2021-22, the privatisation of two state-owned banks and downstream oil major BPCL is…

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Over 4 lakh ombudsman complaints; most on cards, phone/e-banking

The Reserve Bank of India (RBI) witnessed a 22.27 per cent rise in the volume of complaints under various ombudsman…

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India, Korea agree to ‘impart fresh momentum’ to bilateral trade pact

India and South Korea are set to accelerate discussions on upgrading their bilateral trade agreement signed in 2009, said a…

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FM meets PSB chiefs, says credit demand to pick up pace

Credit demand is expected to pick up in the economy on account of growth in retail segments, better macroeconomic prospects…

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In meet with FM, states push for GST compensation extension by 5 years

With the Covid pandemic impacting states’ revenues, they have urged the Central government to consider increasing its share in Centrally-sponsored…

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