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BusinessToday.In
October 28, 2020
India Stock Market Highlights Today: Global equities were negative today as worries about a surge in coronavirus cases and dwindling hopes for a U.S. stimulus package kept investors gloomy


BusinessToday.In
October 28, 2020
Stocks to watch today on October 28: Hero MotoCorp, Bharti Airtel, Wipro, ICICI Prudential, Tata Motors among others are the top stocks to watch out for in Wednesday's trading session


BusinessToday.In
October 27, 2020
Last week, the government had directed banks to credit the difference between compound interest and simple interest collected on loans of up to Rs 2 crore by November 5


BusinessToday.In
October 27, 2020
Yes Bank had taken 'symbolic possession' of Reliance Center after company failed to repay dues worth Rs 2,892 crore in July; Reliance Group says matter is sub-judice and it'll take all effective steps to protect its interests


BusinessToday.In
October 27, 2020
The scheme authorises ex-gratia payment to a specific class of borrowers by way of crediting the difference between simple and compound interest for the period between March 1, 2020, and August 31, 2020, by respective credit establishments


BusinessToday.In
October 27, 2020
Debt instruments have been approved to bond subscribers at 5.83 per cent per annum; interest on bonds is payable annually for a period of 10 years with a call option after 5 years and on anniversary date thereafter, says SBI


Reuters
October 27, 2020
Reported pretax profit for Europe's biggest bank by assets came in at $3.1 billion for the quarter ended Sept. 30, down from $4.8 billion in the same period a year earlier


Aprajita Sharma
October 26, 2020
Revival in sentiments is attributed to the remarkable upturn seen in the real estate business, especially in the residential segment, in the third quarter of 2020 as a result of the unlocking process


BusinessToday.In
October 26, 2020
Extending the benefits of interest waiver to all borrowers also allays feeling of unfair treatment that borrowers could have otherwise harboured, CRISIL said


Rukmini Rao
October 26, 2020
Thanks to the shift to work from home, a section of the home buyers market is looking  for larger homes with a renewed sense of urgency


Vivek Punj
New Delhi, October 26, 2020
Airlines allowed to fly 12,983 weekly domestic flights in winter scheduleThe Directorate General of Civil Aviation has approved 12,983 weekly domestic flights for the winter schedule. This schedule began on Sunday and will end on March 27 next year. In last year's winter schedule, the aviation regulator had approved 23,307 weekly domestic flights. Currently, airlines in India are allowed to operate a maximum 60 per cent of pre-COVID weekly domestic flights.Coronavirus vaccine: AstraZeneca, ...


PTI
October 25, 2020
The lender is experiencing delays in loan recovery efforts as big defaulters are approaching courts, its new chief executive and managing director Prashant Kumar said


PTI
October 25, 2020
Highlighting the importance of infra development, the finance minister recently said money spent on infrastructure and asset creation has a multiplier effect on the economy


Naveen Kumar
October 24, 2020
Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal


Vivek Punj
New Delhi, October 24, 2020
Finance Ministry issues guidelines for implementation of interest waiverFinance Ministry has approved guidelines for a scheme granting ex-gratia payment against the difference between compound interest and simple interest for six months on loans up to Rs 2 crore. The guidelines came after the Supreme Court directed the Centre to implement as soon as possible the interest waiver on such loans during the RBI moratorium. As per the operational guidelines by Department of Financial Services, the...


PTI
October 24, 2020
Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme


PTI
October 24, 2020
Days after his arrest, he tested coronavirus positive and underwent treatment at hospital as per the direction of the court. He recently recovered from the infection and was then remanded in judicial custody


BusinessToday.In
October 23, 2020
The states and UTs that received the first tranche of GST compensation are Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand, Delhi and Jammu and Kashmir


Nirbhay Kumar
October 23, 2020
The meeting is crucial given that no private investor has so far shown keen interest in acquiring the debt-laden carrier forcing the government to extend bidding date thrice


BusinessToday.In
October 23, 2020
The minimum purchase price is Rs 1,50,000. Modes of annuity offered by LIC are yearly, half-yearly, quarterly and monthly, with the minimum annuity being Rs 12,000 per annum


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