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Aprajita Sharma
October 12, 2020
FM Sitharaman on her part has put forth the suggestions but the discretion lies with states and private organisations. At least some of them are expected to offer similar benefits


BusinessToday.In
October 12, 2020
The court has asked the lenders for their opinion on a plea by the younger Ambani brother requesting them to be included in his challenge to a separate bankruptcy case against him in India


Dipak Mondal
October 12, 2020
For boosting consumer spending, the government today announced special tax exemption for Central government employees, who get Leave Travel Concessions (LTC) in a block of 4 years leave encashment of 10 days


BusinessToday.In
October 12, 2020
Under this LTC Cash Voucher Scheme, government employees can opt to receive full cash payment on leave encashment plus three times the ticket fare, to buy items which attract a GST of 12 per cent or more


BusinessToday.In
October 12, 2020
Finance Minister Nirmala Sitharaman said that under the Special Festival Advance scheme will be available up to March 31, 2021 and will be given as a prepaid RuPay card


BusinessToday.In
October 12, 2020
Nirmala Sitharman announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy


BusinessToday.In
October 12, 2020
LTC cash voucher scheme is expected to generate additional consumer demand worth Rs 1 lakh crore, says Finance Minister Nirmala Sitharaman


Anand Adhikari
October 12, 2020
State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company


Madhusudan Ekambaram
October 12, 2020
In the post-pandemic era, lenders will increasingly become more conservative, despite a growth in the demand for credit from both retail and institutional customers like SMEs and MSMEs


PTI
October 11, 2020
As 90 per cent of its branches are in non-urban areas, Shriram Transport Finance Company has not been impacted much by the COVID-19 pandemic


PTI
October 11, 2020
In August 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,20,439 crore, as against Rs 78,646 crore in the year-ago period


BusinessToday.In
October 10, 2020
The RBI said that a loan moratorium exceeding six months would vitiate the overall credit discipline that would have a debilitating impact on the process of credit creation


PTI
October 9, 2020
CBI alleged that YES Bank had given loan to a company named Mack Star in which HDIL was a minority shareholder


BusinessToday.In
October 9, 2020
The economists at SBI believe that India's GDP will remain in negative territory in all the four quarters of FY21 and any positive growth will be seen only in FY22


Rupa Burman Roy
October 9, 2020
For the second time in a row, RBI maintained status quo in the face of high inflation, and left the repo rate unchanged but maintained an accommodative stance


BusinessToday.In
October 9, 2020
MPC meet: RBI also decided to continue with the accommodative stance of monetary policy as long as necessary -- at least during the current financial year and into the next year, said Governor Das


BusinessToday.In
October 9, 2020
Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards


BusinessToday.In
October 9, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Joe C Mathew
October 8, 2020
\"The biggest concerns of the business owners of micro and small enterprises are payment of bonus and cash advances to staff during the ensuing festival seasons,\" says KE Raghunathan, Convenor of Consortium of Indian Associations


Delano Furtado | Nistha Sonee | Jagata Swaminathan
October 7, 2020
Whether the ensuing corporate tussle between the Tata Group and the SP Group will see the SC uphold the rights of a shareholder to pledge their shareholding or from being forced out by the majority, remains to be seen


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