Coronavirus in India: The government has said that the recovery rate continues to improve and has reached 67.19 per cent. The fatality rate has dropped to 2.09 per cent

Loan book under moratorium have declined sharply across most lenders; however, the last ten percentile of this book will remain the key to the extent of asset quality pain, says ICRA

India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit

The CBDT circular extending the timeline for verification of all previous years' ITRs is a well-structured move by the government as it is doing its every bit to ease the cash flow for citizens

When NPAs are going to accelerate, ARCs should be a natural choice for meaningful engagement in enhancing their functional effectiveness to deal with growing stress

The Delhi State Trade and Taxes Department under Deputy Chief Minister Manish Sisodia has served notices to all defaulters under (Form) 3A of GST Act to pay taxes due within 15 days failing which it will proceed with further action

MSMEs body says the industry is not back on its feet yet and needs more support from the regulator to overcome the current crisis

Following the approval, the decision was communicated to the Director General of Foreign Trade (DGFT), which then issued a notification allowing the export of indigenously manufactured ventilators

Chinese President Xi Jinping, in a series of remarks over the past few weeks, has been talking about the so-called \"dual circulation\" development whereby a self-sufficient domestic economy serves as a model for growth

Global studies show ownership does not make enterprises efficient, factors like competition, autonomy, regulation and institutional development do. Evidence also shows that private sector thrives on public hand-outs in normal times and public bail-outs in crises

Most bankers, including myself, believe that there is no need for a moratorium beyond August 31, says SBI Chairman Rajnish Kumar

US is the host country of the United Nations and there is a possibility that Trump could travel to New York to address the General Debate of the 75th session of the Assembly on September 22

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

The study further revealed that air pollution posed the greatest risk to human health before the coronavirus pandemic and will continue to remain so if the territories around the world don't turn to stricter clean air policies

A second wave of consolidation is imminent, as sweeping changes in business practices, evolution of new strategies, reforms in product design and shifts in consumer behaviour have taken centre stage, pushing smaller players out of the equation

The salary cuts, job losses and medical expenses incurred due to COVID-19 pandemic explain the significant increase in EPFO withdrawals by retirement fund's subscribers

Profit-driven enterprises are ill-suited to protect the health and life of a vast majority of people, as the US and Indian governments experience, but do precious little, thereby failing in their primary duty

The decision will affect almost 200,000 Google employees, including contractors and full-time workers

The company had posted a consolidated net profit of Rs 87.66 crore in the same period last fiscal, Escorts Ltd said in a regulatory filing

Foreign Minister AK Abdul Momen thanked India for offering Bangladesh the diesel locomotives as a mark of enduring friendship