The Employees Provident Fund Organisation (EPFO) and the Union labour ministry will retail the interest rate of 8.65 percent in spite the finance ministry’s concern that the rate is... Read more »
The Indian manufacturing sector growth moderated in June, largely owing to softer increase in new work intakes, which in turn translated into slower rises in output and employment, a... Read more »
Fund transfer systems RTGS and NEFT is set to become cheaper from Monday after the Reserve Bank of India decided it will not impose any charges on such transactions.... Read more »
As GST implementation completes two years, the finance ministry will on July 1 come up with further reforms in the indirect tax system with introduction of new return system,... Read more »
Cox & Kings has defaulted on commercial paper worth Rs 150 crore, the company told stock exchanges on Thursday. The tour operator has been facing cash crunch for some time... Read more »
The proposed spectrum auctions in India, also includes radio waves for 5G technology, and are likely to be held only in the second half of 2020 or later, given... Read more »
Shares of Dewan Housing Finance Corporation Ltd (DHFL) dropped nearly 7 percent after the company deferred its March-quarter earnings announcement date. They had earlier scheduled to announce earnings on... Read more »
The government seeks to launch an exchange-traded fund (ETF) consisting of stocks of PSU banks, insurers, and financial institutions this fiscal and has invited bids from advisors to explore... Read more »
The country’s financial system is stable amid setbacks with NPA cycle and the sharp reduction in the ratio of dud assets to 9.3 percent, the Reserve Bank of India... Read more »
India’s largest private sector lender, HDFC Bank, is looking at an initial public offering (IPO) of its non-bank lending unit, HDB Financial Services, that could see the company raise more... Read more »