Banking & Finance

The Reserve Bank of India (RBI) has cancelled registration of 31 non-banking finance companies (NBFC) operating in a financial-strapped sector.

The Union Cabinet has approved the filling of Padur Strategic Petroleum Reserves (SPR) at Padur in Karnataka state by overseas National Oil Companies (NOCs).

The Cabinet Committee on Economic Affairs has given ‘in principle’ approval for strategic disinvestment of 100% Government of India's shares in Dredging Corporation of India Ltd (DCIL) to consortium of four ports namely, Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar...

SpiceJet Ltd will get the first of the three 737 MAX 8 aircraft in December 2018 under a long-term lease signed with CDB Aviation.

Recognizing the importance of strategic partnership with India and reconstruction of Afghanistan, the United States has exempted New Delhi for its development of Chabahar Port, a competition to China-led Gwadar Port in Pakistan, from Iranian economic sanctions.

Indian exporters are among more than 3,000 companies from over 130 countries participating in the six-day China International Import Expo being held in Shanghai.

Tata Motors Ltd's India operations of 39.5%, albeit on a lower base, and a 10%-12% depreciation in the Indian rupee seem to have tempered the impact of decline in Jaguar Land Rover Automotive PLC (JLR).

The Federation of Indian Export Organizations (FIEO) wants banks to move proactively to increase the flow of export credit.

One of India’s biggest challenges is to protect brands amidst illegal trades while there is an urgent need to increase capacity building and training of judiciary in order to expedite cases related to economic offences.

Buying a property is still a mark of prestige and accomplishment for any Indian, regardless of where they are in the world. Nor will most Non-Resident Indians (NRIs) ever entirely shed a feeling of responsibility towards their families back home.