The Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets

The petition, filed by advocate Prashant Bhushan for NGO Common Cause, also sought a direction to the central government to appoint a director for the agency 'in a transparent manner and strictly in accordance with the law'

The probity watchdog expressed deep concerns over prolonged delay in filing of such details by the government officials and set the November 30 deadline for 100 per cent compliance

Coronavirus lockdown extension live updates: From Tuesday, Haryana will restrict movement to satellite cities of Gurugram and Faridabad. Borders in Sonipat and Jhajjar have already been tightened

Lockdown in India latest updates: In a tweet on Saturday, PM Narendra Modi assured that there is no need to panic, adding that people should keep taking precautions

Coronavirus live news update India: Both Egypt and South Africa reported their first cases of coronavirus infections, almost three month after the outbreak was first identified

The Department of Investment and Public Asset Management (DIPAM) will soon hold inter-ministerial talks and outline the methods and strategies of bringing the government's stake down to 51% in the PSUs.

Lok Sabha Election 2019: Following the exit polls, the Opposition parties have put up a brave face, with many leaders saying that they do not believe in poll prediction.

Verma had resumed duty as CBI director on Wednesday, a day after the apex court paved his return with some riders.

Verma termed it \"sad\" that he was transferred to another post pursuant to the orders of the committee on the basis of \"false, unsubstantiated and frivolous allegations made by only one person, who was inimical to him\".

\"Our Constitution provides a delicate balance of power between various institutions of the state. This balance has to be maintained,\" says Mukherjee.

According to some sources, close to the Prime Minister, he avoided meeting the CEO because of the ongoing proceedings against the global retail company in the US. In 2015, the reports suggested that Walmart paid bribes -from $5 to $200, totally millions - to push their goods and real estate permits.

PNB hunts for detectives to find whereabouts of loan defaulters The Punjab National Bank (PNB), it seems, is leaving no stone unturned to recover the dues which have been classified as NPAs. The second largest public sector lender is soliciting services of detective agencies to get hold of absconding loan defaulters. The significant move comes amid reports that diamantaire Nirav Modi may be hiding in New York. The celebrity jeweller who owns Firestar Diamond is the main accus...

UltraTech's board had earlier agreed to issue a 'comfort letter' to provide the above-mentioned amount in return for 98.43 per cent stake in Binani Cement provided the company came out of insolvency proceedings.

The Cabinet decided to not discuss the matter as Jaitley, who was supposed to table the proposals for revised allowance rates, is on a 4-day trip to South Korea.

A number of women leaders have made it to the corner office in the past year. Interestingly, the state-owned banks have been in the lead in promoting them to the top job. A list of the best known among them.

India's overseas oil and gas exploration has been floundering for a while. The latest in the litany of troubles involves the biggest player, ONGC Videsh Ltd, which has 30 assets in 15 countries. Could this have been avoided?

Systemic corruption in India can be fixed by making public servants accountable, argues Nagarajan Vittal.

While getting a good price for a product or a service makes for a savvy buyer, it is equally important to be an intelligent consumer, by getting value for your money.