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Realty sector to witness upto 60 pc decline in residential sales volume in FY21. (Representative Image)

Realty sector expects 60% decline in residential sales volume in FY21

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs...

28 Aug 2020 9:17 AM IST

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Delhi High Court stays insolvency resolution proceedings against Anil...

Ambani in his plea has challenged the constitutionality of the IBBI Regulations, 2019.

27 Aug 2020 5:02 PM IST

Uber launched 24x7 Auto Rentals service. (AFP Photo)

Uber launches 24x7 auto rentals service in six cities

Uber launched a comprehensive set of safety measures, such as the Go Online Checklist, a mandatory mask policy for both...

27 Aug 2020 1:22 PM IST

Indias general government debt-to-GDP ratio is likely to be at 80 per cent of GDP by FY30. (Representative Image)

Government debt-to GDP ratio to be at 80% by FY30: Report

The report also finds that the government support to real GDP growth in the 2020s decade would be lower than in the past...

27 Aug 2020 12:52 PM IST

RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be self-defeating. (PTI Photo)

Extreme risk aversion can be self-defeating: RBI Governor warns banks

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

27 Aug 2020 12:25 PM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Government to forego Rs 46,000 crore of interest on delayed GST...

But businesses that had already paid their taxes are likely to claim a refund

27 Aug 2020 10:43 AM IST

Accenture plans to reduce workforce. (Photo- PTI)

Accenture to lay off 5% of its 'low performing' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

27 Aug 2020 3:29 AM IST

FSSAI to soon issue order for reducing trans-fat in food items to 2 pc by 2022. (Representative Image)

FSSAI plans to limit trans-fat in food items to 2% by 2022

Currently, bakeries, sweet shops and other food business operators can voluntarily display 'trans-fat-free' logos on...

26 Aug 2020 7:40 PM IST

Sensex recaptures 39,000-mark after six months; Nifty closes above 11,500. (PTI Photo)

Sensex ends above 39,000 for first time in 6 months, Nifty crosses...

IndusInd Bank was the top gainer in the Sensex pack, rallying 5.93 per cent

26 Aug 2020 6:04 PM IST

TRAI issues show-cause notice to Vodafone Idea on priority plan. (PTI Photo)

TRAI sends show-cause notice to Vodafone Idea, says priority plan is...

TRAI had been probing priority plan RedX and Platinum offering to see if network preference leads to deterioration of...

26 Aug 2020 4:06 PM IST

Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Gujarat tops Export Preparedness Index 2020, Maharashtra comes second

Six coastal states -- Gujarat, Maharashtra, Tamil Nadu, Odisha, Karnataka and Kerala -- feature in the top ten rankings

26 Aug 2020 2:10 PM IST

Former Reserve Bank governor D Subbarao

Former RBI governor D Subbarao backs setting up of a bad bank to...

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset...

26 Aug 2020 12:36 PM IST