- Moody's shocker for Yes Bank ahead of fund raising plans
Global Rating Agency Moody has downgraded the ratings of Yes Bank on the counts of asset quality concerns and the shrinking capital buffers.
- GDP downGDP at 4.5% stays lowest in last six years
The Indian economy has refused to revive itself as it remained at 4.5% in the September quarter, lowest since March 2013, according to the data released on Friday.Fraud alertBank alert: Fraud messages to trap investors, eat up money
Fraudsters trying to snatch your money online are not new, but the way they are opting this time may confuse many in believing that they are not fraud companies. In a bid to ensure safety of its users the banks have issued an alert mail to the users notifying about it in detail.FM in Rajya SabhaGrowth down, but there cannot be a recession in India: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday acknowledged that the India is growing at a slower pace but she also ensured that there will not be a recession in India.Saudi AramcoSaudi Aramco IPO set to value company up to $1.7 trillion
Saudi Aramco on Sunday came up with a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion that the Saudi crown prince had previously targeted, making it potentially the world's biggest IPO.Inflation spikeRetail inflation for October spikes to 4.62%, breaches RBI target of 4%
Indian Economy is passing through one of its tough phases and to make it worse, the retail inflation for the month of October has surged to 4.62%, according to the official data. The surge in inflation is mainly due to rising prices of food and especially onion.Real Estate boostCentre announces Rs 25,000 fund for stalled real estate projects
Finance Minister Nirmala Sitharaman on Wednesday addressed a press conference over centre's plan to give economy a boost amid the crisis hit time.Rupee vs DollarRupee slips 15 paise to 70.84 against US dollar in early trade
The Indian Rupee started on a cautious note and fell 15 paise to 70.84 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities.Finance reforms soonSops for home buyers, senior citizens soon: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharama on Tuesday hinted that sops are coming soon for home buyers and senior citizens amid declining interest rates of the banks.Finance and MarketsCBDT extends last date of filing ITR in Jammu and Kashmir, Ladakh
On the day when two new Union Territories – Jammu and Kashmir and Ladakh – were formed, the Central Board of Direct Taxes (CBDT) announced an extension in the last date of filing the Income Tax Return to November 30. Apart from ITR, Tax Audit Report can also be filed on November 30 for all categories.Finance and MarketsNo proposal to launch gold amnesty scheme: Report
The government has no plans of any kind of amnesty scheme as a part of efforts to unearth unaccounted wealth stashed in the form of yellow metal, said a report on Thursday.Finance and MarketsIndia to get 100 new airports by 2024, other investments to revive economy
In a plan to revive economic growth, India is planning to open 100 new airports by the end of 2024, said a news report by a leading daily.Finance and MarketsWhen and how can an instant personal loan help you?
An instant personal loan can also be availed online. Online instant loans are much more convenient as it is less time-consuming and easy to avail. You can access these loans through the websites and mobile applications of the financial institution of your choice as well.Finance and MarketsDecoding GST on Diwali offers
Diwali is around the corner and the markets are all geared up for the festive season. In order to attract more customers and increase sales, businesses offer various discount and incentive schemes. This time it is expected that businesses will roll out more offers to counter the economic slump. It is therefore important that we understand the GST treatment of these schemes. Here is a list of some of the common promotional schemes and their GST treatment.Finance and MarketsHome renovation gets easy with Bajaj Finserv personal loans
Home renovation during a festive season is a norm that is followed across the country. However, the renovation and repair work of your house for the festive season usually demands a huge chunk of money. You may even want to paint your house and replace the existing furniture with new ones to upgrade the aesthetics.Finance and MarketsFour banks with over 8% Fixed Deposit interest. Check now
It is always a better idea to make one with the maximum interest rates and to ease the quest of better offer; we bring to you four banks which are offering an interest rate of over 8% on the Fixed Deposits.Finance and MarketsIMF cuts India's growth forecast, still fastest growing economy
Despite a cut of straight 1 per cent, India remains the world’s fastest growing economy with a projected growth of 6.1 percent for the current fiscal year.Finance and MarketsMan with 90 lakh fixed deposit in crisis-hit PMC bank dies after protest
An account holder at the Punjab Maharashtra Co-operative (PMC) Bank with a bank deposit of over Rs 90 lakhs in the crisis-hit bank passed away on Monday. He died of a heart attack hours after he took part in a protest outside a Mumbai court against the bank.Finance and Markets5.52 crore returns checked out of 5.87 crore for FY 2018-19
A total of 5.52 crore Income Tax Returns (ITRs) out of 5.87 crore have been checked by the Central Board of Directors (CBDT) for the Assessment Year (AY) 2018-19 (Financial Year 2017-18) under the individual category.