PUBLIC SECTOR BANKS
Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee
The author of "Good Economics for Hard Times" added that the slowdown in the economy will also adversely impact poverty alleviation in the country as urban and rural sectors are interdependent.
Why govt should opt for public-private partnership to uplift telecom sector
There are only three big players left in the field, so Bharti Air...
Need to ease norms for fintech sector in India, says a lawyer
While regulations are critical to ensure that fintech solutions are not used fo...
HDFC Q3 results preview: Profit may jump 3-4 times on one-time gain
Edelweiss expects HDFC to post a net profit of Rs 8,417.1 crore, a rise of 298.2 per cent.
Goyal-Amazon row: UKIBC says e-commerce sector misunderstood, India should welcome investments
The comments from the UK India Business Council, lobby grouping, come after there was a sharp criticism of Goyal for saying Amazon was not doing India a favour by the investment announcement. India's GDP growth is set to slow to a decadal low of 5 per cent for 2019-20 and all eyes are set on the strategy deployed by the government in the upcoming Budget.
Sachin Bansal bets Flipkart fortune on banking services
Bansal, through his microfinance firm Chaitanya India, has applied for a banking licence.
ITI Ltd to raise Rs 1,400 crore through FPO, use Rs 607 crore for loan repayment
The issue will open on January 24 and close on January 28, said the company in a statement.
Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF
The issue is likely to open for anchor investors on January 30.
'Malvinder and Shivinder Mohan Singh used public money to settle personal liabilities'
Religare Finvest executives approved loans to shell companies within 2 hours of getting requests, says EOW.
Where's the money? Search on for solutions of India's shadow bank crisis
Vital projects are starved for funds following the crisis. The desperation for solutions is palpable.
The Week That Was in 10 Stocks: Voda Idea rebounds, ITI slides; YES Bank inches up
The scrip made a strong comeback, rallying 34.15 per cent to Rs 6.10 during the week.
Public spending's crowding-out effect short-term in India: Study
There is a clamour for increased government spending to give a thrust to the slowing Indian economy and spur private investment that has historically helped GDP grow faster than public investment. But public investment always comes with the risk of crowding out of private investment.
Banking sector set for more pain, deratings likely: Hemang Jani, Sharekhan
In terms of the NPL cycle and loan growth, there is a huge disconnect between what is being reported by banks and what is generally being expected and that continues to be a major worry. Also, there is over-ownership across private banks as the weightage is still very high and most of the investors are hiding in very few banks.
PIL filed in SC against DoT for not taking coercive action on AGR dues
The petition states that telcos have “willfully” “disobeyed” paying their AGR dues by the January 23 deadline.
Tax dept conducts survey on Air India's engineering arm
Income tax officials have recently turned towards the government-owned airline Air India, to check in on its subsidiary AIESL (Air India Engineering Services). The airline, which has been delaying salary payments and even GST, however, said nothing was amiss. The TDS survey was done to ensure that it was depositing the taxes deducted at source.
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