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Reuters
New Delhi, October 19, 2019
CEA Krishnamurthy Subramanian said that one of the measures on the table is aimed at easing personal taxation and making the whole tax administration simpler.


PTI
New Delhi, October 19, 2019
The chief economist at Goldman Sachs indicates that consumption has been falling since January 2018, which is much before then the end August 2018 default by IL&FS which triggered the liquidity crisis for NBFCs.


Rashmi Pratap
Mumbai, October 17, 2019
Stakeholders continue to be pessimistic due to overall economic slowdown, slump in domestic consumption and drying credit flow to developers


Manu Kaushik
New Delhi, October 14, 2019
Business confidence rises a bit as business leaders expect improvement in economic growth following the corporate tax rate cut. Their willingness to invest and the outlook for private consumption remain weak though, finds the latest Business Today-C fore Business Confidence Survey.


Reuters
October 13, 2019
The number of property developers falling into bankruptcy has doubled during the past nine months, piling pressure on NBFCs. Potential implosions of these NBFCs could expose banks


Sumant Banerji
New Delhi, October 11, 2019
The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy


Rashmi Pratap
Mumbai, October 10, 2019
Excluding gold loan companies, which have seen a rally in stock price, promoter wealth in the sector has halved to $7.7 billion from $15.6 billion at FY18-end


PTI
United Nations, October 9, 2019
India paid 23.25 million dollars in regular budget assessments by January 31, 2019, the 30-day due period specified as per UN's Financial Regulation rules


PTI
New Delhi, October 7, 2019
Icra believes that demand headwinds would continue in the near-term with likelihood of limited pre-buying ahead of the roll-out of BS-VI emission norms.


Dr Arun Singh
October 7, 2019
Enabling effective monetary transmission would not only increase the credibility of the Central Bank but also help in strengthening the financial structure.


Nevin John
New Delhi, October 7, 2019
The benchmark Sensex that had surged over 3000 points in two days after the corporate tax cut announcement has pared most of its gains; it fell by 433 points on Friday after the announcement of the repo rate cut


Rashmi Pratap
Mumbai, October 4, 2019
The value of this inventory at Rs 9.38 lakh crore is more than the gross state domestic product (GSDP) of most states including Kerala, Haryana, Madhya Pradesh, Andhra Pradesh, and is almost double the GSDP of Bihar


BusinessToday.In
New Delhi, October 4, 2019
Defending the RBI's action in the PMC case, Shaktikanta Das said the central bank acted very swiftly and promptly after it was brought to its notice


Rashmi Pratap
Mumbai, October 4, 2019
RBI monetary policy: While the RBI and the government have taken several measures to aid the supply side in the recent past, it is the weak consumer sentiment and spending inability that is the fundamental problem of the current economic slump.


BusinessToday.In
New Delhi, October 3, 2019
The RBI promised to keep an eye on the position of the Punjab and Maharashtra Co-operative Bank and take necessary steps in the interest of its depositors


BusinessToday.In
New Delhi, October 3, 2019
YES Bank Group CEO Ravneet Gill, who replaced Rana Kapoor in March after the latter's tenure was cut short by the RBI, said the possibility of Monga taking a sabbatical was discussed but he decided to move on


Reuters
October 2, 2019
PMC Bank crisis: The complaint names the bank's Chairman Waryam Singh and its Managing Director Joy Thomas, along with other bank officials, and accuses them of criminal breach of trust, forgery and falsification of records.


PTI
New Delhi, September 29, 2019
Real estate companies will be spending more on performance, marketing and sales related efforts than building brand and accordingly have cut their ad spends by almost 50 per cent, according to a media and digital marketing communications company


PTI
New Delhi, September 29, 2019
Parekh says the perception about the entire sector witnessing a slump was wrong as phenomenal sales were happening in the affordable and mid-market segment


BusinessToday.In
New Delhi, September 28, 2019
Joy Thomas says the bank didn't report the matter to the RBI even though repayment from HDIL was irregular for the past three-four years because it held security, which was worth twice the loan amount


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