The Reserve Bank of India (RBI) announced on Wednesday that the asset reconstruction companies (ARCs) committee has solicited feedback and suggestions from market participants and other stakeholders.

The Finance Ministry has permitted additional borrowings of Rs 1.06 lakh crore as at March-end to those states which have carried out some key institutional reforms.

The government may waive Goods and Services Tax (GST) on Covid-19 vaccines to reduce their cost—up to ₹1,200 a dose in private hospitals starting May 1 depending on the vaccine and this is in an attempt to ease the burden on people and encou.....

Retail loans restructured under a central bank scheme announced last year were more than thrice the corresponding figures for corporate loans, initial data released by the top private sector lenders showed. HDFC Bank Ltd, ICICI Bank Ltd and...

As technology has taken the front seat in our lives, our tastes, preferences and lifestyles have changed magnificently.

Urban Company has raised a fresh $188 million (Rs 1,410.16 crore) in funding from a clutch of investors led by Prosus Ventures (formerly Naspers), according to the company’s filings with the Registrar of Companies sourced from business...

The government has allowed businesses to check monthly GST returns filed until May 31 using an electronic verification code.

While the Centre has announced an asset reconstruction (ARC) and asset management company backed by government guarantee to address the problem of NPAs with public sector banks, the existing ARC industry has registered a lackluster performance so...

The Securities and Exchange Board of India (SEBI) has strengthened its regulations for provisional rating for debt instruments by credit rating agencies. As per the new norms, all provisional ratings for debt instruments shall be prefixed as..

The Indian rupee appreciated by 14 paise to reach 74.59 against the US dollar in opening trade on Tuesday, supported by positive domestic equities...