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'Public going through hell' due to interest on interest: Borrower tells SC on loan moratorium issue

A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of petitions on waiver of interest on deferred loans, was told that paying interest on interest is a "double whammy" for borrowers and banks cannot charge it

Biyani's Future Group firm defaults on interest payment to Franklin debt funds

The four shuttered debt schemes of Franklin Templeton Mutual Fund (FT MF) witnessed a default from Rivaaz Trade Ventures (RTVL), a Future group entity

RFL scam: Shivinder Singh gets bail in bank fraud case, but will stay in jail; here's why

Even after receiving bail in the case, Shivinder will not walk free from Tihar jail, where he is currently lodged, as his bail appeal in another case opposed by the Enforcement Directorate (ED) is pending in the Supreme Court

Hero MotoCorp share falls 4% despite rise in August sales

Hero MotoCorp stock has fallen 6.83% in one week. Market capitalisation of the firm stood at Rs 58,846 crore as of today's closing session

PM CARES Fund received donations worth Rs 3,076 crore in 5 days

Congress slams PMO for not revealing names of donors; Chidambaram asks why government is shying away from revealing names of these generous donors

 
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From The Magazine

Infra Falters

Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

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