Reliance Group lenders promise not to sell shares till September 1Anil Ambani-led Reliance Group has reached a 'standstill agreement' with more than 90 per cent of its lenders under which they will not sell any of the shares pledged by promoters till September. Under the pact, the group will pay the principal and interest amounts to the lenders as per the scheduled due dates, while it has also appointed investment bankers for part placement of the group's direct 30 per cent stake in Reliance ...

Reddy says such ideas can lead to \"irreversible fiscal deterioration\" and \"conflicts\" between the Centre and the states.

The revoking of the Most Favoured Nation to Pakistan is just the beginning of the pain for Pakistan. After decades of treating its dangerous neighbour with kid gloves, India is waking up to Chanakya's famous aphorism: \"The antidote of poison is poison, not nectar.\"

Upper caste Hindus own 41 per cent of India's total wealth: studyEverybody knows that income inequality in India not only has a rural-urban and gender bias but also a socio-religious component. What's worrying is the extent of disparity in the latter. According to a recent study, titled Wealth Ownership and Inequality in India: A Socio-religious Analysis, the population belonging to Hindu High Castes (HHCs) boasts four times more wealth than those classified as Scheduled Castes (SCs). Moreove...

Prime Minister Narendra Modi is chairing a meeting of the Cabinet Committee on Security (CCS) at his residence. Apart from Jaitley, Home Minister Rajnath Singh and External Affairs Minister Sushma Swaraj are in attendance

The Minister highlighted that post-GST, tax rates have come down to 12 per cent which was 20 per cent earlier. To boost the affordable and mid-segment housing, availability of credit is essential for growth, he added.

CAG Report on Rafale: India has managed save 17.08 per cent money for the India Specific Enhancements in the 36 Rafale contract, says report.

On the bright side, the Interim Budget puts more disposable income in the hands of the middle class, farmers and the workers in the unorganised sector and is expected to boost the economy with a spur in demand and consumption. 

Government's new pension scheme is being considered by many as the rechristened version of the old scheme and has come under the lens over little or no clarification on critical areas of concern outlined in it to benefit the unorganised sector which constitutes half of India's GDP.

Despite the existing pressure on its finances, government seems to be considering a pay hike for central government employees under 7th Pay Commission before the 2019 Lok Sabha polls.

The Budget session of Parliament ends on February 13, and debate on the Interim Budget has been taken up in the Lok Sabha.

The senior Congress leader appeared before the probe agency on Friday morning at 11:00am and answered question for five hours, with only a one-hour lunch break in between.

\"With higher SOTR (state's own tax revenue) growth, coupled with the phasing out of the impact of Ujwal Discom Assurance Yojana (Uday) and pay revision, the state expects to bring down the revenue deficit in the coming years,\" says Deputy Chief Minister O Panneerselvam