Banking & Finance

60-day GST refund to help MSMEs   The roll back of the higher tax on foreign investors and the release of funds to recapitalise public sector banks will go a long-way in easing liquidity and further giving a much needed...

In a major boost to the slowing economy that comes literally in the nick of time, the Finance Minister Nirmala Sitharaman has hit a sixer with a slew of announcements for the banking and financial sector including NBFCs, HFCs and...

In a bid to check with weakening economic growth, Finance Minister Nirmala Sitharaman announced on 23 Aug 2019 withdrawal of enhanced surcharge on Foreign Portfolio Investments (FPIs), Goods and Services Tax (GST), Non-Banking Finance Companies (NBFCs), Automobile and property sectors.

The 'golden years' of Indian residential real estate are well and truly over, at least in the short to mid-term.

The private industry has been urged to take advantage of the Government’s policy initiatives and engage with defence services, Defence Public Sector Undertakings (DPSUs) and Ordnance Factory Board (OFB) for meeting the army’s indigenisation demands.

The Insolvency and Bankruptcy Code (IBC) has brought a new era of reform, declared Dr Mukulita Vjayawargiya, Whole Time Member, Insolvency and Bankruptcy Board of India (IBBI).

With increased trade and financial linkages with rest of the world, India has become more susceptible to the vagaries of heightened global economic uncertainties, the Reserve Bank of India Governor Shaktikanta Das has cautioned.

The Government has taken measure to reduce the cost of the capital raised by companies through issue of debentures which is expected to significantly deepen the Bond Market.

The National Housing Board’s (NHB) recent directive to housing finance companies to refrain from giving loans under subvention schemes was not as crippling as was initially assumed, writes Anuj Puri, Chairman of ANAROCK Property Consultants.

Most Indian companies present in China are planning to continue to invest in that country in 2019, according to a new survey by Confederation of Indian Industry (CII) and Evalueserve.