As per the revision in funding pattern, both the Centre and Delhi government will share the land cost of Metro Phase-IV in the ratio of 50:50

Amendments to the IBC aim to remove bottlenecks, streamline the Corporate Insolvency Resolution Process (CIRP) and protect last mile funding in ordet to boost investment in financially distressed sectors

The window for one-time partial credit guarantee offered by government will remain open till 30 June, 2020 or till such date by which Rs 1 lakh crore assets get purchased by the banks, whichever is earlier

With the help of Big Data, the Microfinance Industry will reach a position where they will have the ability to provide products that customers exactly need

Paytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC unless it's a subsidiary of the bank; The Centre has changed the composition of its Group of Ministers (GoM) on the Integrated Goods and Services Tax (IGST) after Union Finance Minister Nirmala Sitharaman decides to opt-out of the ministerial panel headed by her; Sales of passenger vehicles declined 0.84% to 263,773, compared with 266,000 in the year-earlier period, ADB lowers FY20 growth forecast for India to 5.1% and more on the daily business news wrap News Blast.

Paytm founder Vijay Shekhar Sharma steps down as Paytm Financial Services directorPaytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC (non-banking finance company) unless it's a subsidiary of the bank. While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue...

While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms

The offshore route will allow better-placed NBFCs to further diversify funding sources after fairly volatile domestic liquidity conditions over the past year

India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter

Among other things, Raghuram Rajan called for reforms to liberalise capital, land and labour markets, and spur investment and growth

DHFL owes close to Rs 1 lakh crore to the system, mostly to banks and retail investors of its debt instruments

DHFL that had outstanding deposits of Rs 6,136 crore in June has seen its deposits reducing to Rs 5,232 crore as of September 2019

Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities

Ujjivan SFB IPO: The Ujjivan Small Finance Bank has launched the IPO with a price band of Rs 36-37 per equity share. Each share will have a face value of Rs 10

While Sensex has gained 5,037 points since corporate tax rate was cut on September 20, data for 2,398 firms listed on BSE indicate deteriorating earnings performance of corporate India

Q2 GDP growth rate: India's swift growth is not only significant for the country but for the world economy too as India accounts for 7.7 per cent of the world GDP

Of 5,037 points gain on Sensex since September 20, these 12 stocks have added 4,437 points, translating into 88.10% contribution to the mega market rally on the key index

With residential sales hitting the trough and prices stagnant, the realty market can look forward to better times

Why the Sensex is on fire even as the economy hurtles downhill

Experts advise investors to formally approach the respective exchanges and Sebi for the resolution