Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

Coronavirus lockdown: Ashwajit Singh, Managing Director, IPE Global says that the loan moratorium will only defer but not solve the economic crisis faced by businesses

India badly needs a stimulus. Here's how to find the money

There are many lenders who have gone for default EMI moratorium and not asked borrowers. Some have given the option to borrowers to contact the bank and allow EMI deduction

The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss

Varma and Hivju join Tom Hanks, Rita Wilson, Idris Elba, Olga Kurylenko, and Rachel Matthews among the Hollywood celebrities who contracted coronavirus

Coronavirus outbreak news updates: Prime Minister Narendra Modi said that social distancing is important and useful to prevent the spread of the virus

Amazon in India believes in scaling up faster using technology, simplifying processes and rigorously auditing itself to disrupt and reinvent HR industry standards

The country's coal imports in February last year stood at 19.82 MT, according to a provisional compilation by mjunction services, based on monitoring of vessels' positions and data received from shipping companies

Modi, who has allegedly defrauded state-run Punjab National Bank of over Rs 14,000 crore, is on the run and was last spotted in the UK

PNB case: A Rolls Royce, a Porsche Panamera S, luxury handbags including Birkin, Chanel, Louis Vuitton, a Raja Ravi Varma painting, a Patek Phillipe Nautilus Gold and Diamond Wristwatch will all go under the hammer

Vijender Gupta will contest from Rohini; rebel Aam Aadmi Party (AAP) leader Kapil Mishra will contest from Model Town; Suman Kumar Gupta will contest from Chandni Chowk and Rekha Gupta will contest from Shalimar Bagh

Coal imports in November declined by marginal 0.8 per cent to 17.80 MT, against 17.95 MT in the same month last fiscal

Contrary to the market's current optimism that growth has likely bottomed, Nomura believes it will slide further

The museum organises art engagement programmes with Piramal employees in Mumbai, and in over 40 schools. Over 5,000 students visit the exhibitions each year

In his new role at the board, Aditya will focus on five key areas, including safety and security, customer experience, corporate governance, revenue management and stakeholder communications