The Opposition and farm experts demanded the government spell out that formula to be adopted to determine cost of production.
Gross non-performing assets (NPAs) of banks declined marginally to 9.8 per cent at the end of September 30 over the previous quarter, government has said.
SBI reported Rs 23,239 crore divergences for FY19 and slippages jumped to Rs 25,000 crore. In FY19, the bank also plans to raise Rs 20,000 crore from the market
In a bid to end SGX Nifty and Sensex futures trading in Dubai, Indian exchanges have come together and issued a press release. Henceforth, they will not provide data on Indian indices to foreign exchanges. In an interview with CNBC-TV18, Vikram Limaye MD and CEO of NSE discussed the same.
The NITI Aayog in association with the World Bank has put out an index rating states on various health parameters. Kerala tops the rankings, it is the number one state when it comes to the statewise health index. In an interview with CNBC-TV18, Amitabh Kant, CEO, NITI Aayog explained how this survey has been conducted and what will happen now with the readings that have come in from this index.
Oil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, last month completed the acquisition of HPCL for Rs 36,915 crore.
In an interview with CNBC-TV18's Rituparna Bhuyan, World Bank India Director Junaid Ahmed said that India's improvement in ranking is purely based on ground realities.
RBI has invited comments and suggestions by email or post before February 28, 2018
It’s been less than 2 years that Insolvency and Bankruptcy Code, 2016 (IBC) came into force and with number of changes it is progressing in the right direction of the NPA clean-up
The customary post-budget meeting is taking place this time against the backdrop of hardening bond yield and apprehensions that interest rates may rise.
"Sugar production is estimated to rise nearly 24.9 million tonnes in 2017-18 season (October-September) from 20.2 million tonnes in the previous year," Paswan told reporters.
The positive outlook reflects upward pressure that could develop on these banks' long-term ratings, if their capital positions continue to improve over the next 12-18 months
It also cautioned eligible trusts, political parties and associations to file their income tax returns by this final deadline and "come clean".
Corporate loans worth nearly Rs 2 trillion may turn bad in the next 12-18 months India Ratings said in a report on Thursday, adding that the overall additions to the non-performing loans category are seeing a downward trend.
Badal said the government has doubled the budget outlay for the ministry to Rs 1,400 crore for next fiscal and the amount would be used to improve processing infrastructure and setting up of cold chain grids.
If the development follows through, this would get the non-tax paying entities such as the not-for profits, trusts or societies and other non-profit entities to apply for a PAN number.
The Reserve Bank of India (RBI) kept its key policy rates unchanged on Wednesday and retained its "neutral" stance in an attempt to maintain a delicate balancing act and nurture growth.
Here's what to do on the weekend
Banks are also compelled to raise deposit rates so they can attract more funds. Typically, a deposit rate hike is followed by a rise in lending rate too
Yesterday, the delegation met US Energy Secretary Rick Perry and held talks, ahead of his visit to India later this month. The meeting was organised by the US India Strategic and Partnership Forum (USISPF).
"The total cost of relief to salaried class is Rs 8,000 crore, to the pensioners and senior citizens it was Rs 4,000 crore, Jaitley said.
Economic Affairs Secretary Subhash Chandra Garg touched upon the reasons why the Budget 2018 proposals will be beneficial for the India's economic growth.
The Stamp Duty Act states that the stamp duty meant to be applied on the transaction of financial securities were to be decided by the Central government.
Finance Minister Arun Jaitley defended India’s growth history and his Budget math in parliament today.
A panel of financial regulators has said there is a need for a standalone law on data protection and privacy in the country.