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The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.Business
JLL India revenue grows 17 pc to Rs 4,000 cr in FY19; to hire 2,000...

JLL India had posted a revenue of Rs 3,420 crore during the financial year 2017-18.

28 July 2019 4:48 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.Business
Flipkart CEO sees UP becoming India's first trillion-dollar state...

Thousands of artisans, small businesses and women entrepreneurs are finding partnership with Flipkart beneficial, said...

28 July 2019 2:55 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)Business
Finance Minister Nirmala Sitharaman says no rethink on overseas...

I am not doing any review. I have not been asked by anybody to do a review, said FM Nirmala Sitharaman.

28 July 2019 2:20 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI report on development of secondary market for corporate loans...

RBI is also likely to release another report on housing finance securitisation by August-end.

28 July 2019 1:24 PM IST

Govt merge the said Regional Rural Banks in to a single Regional Rural Bank with effect on and from Jan 1, 2019.Business
Govt identifies 3-4 regional rural banks for IPOs; public issue likely...

The bank consolidation exercise is going on to bring the number of RRBs to 38 from the current 45, sources said.

28 July 2019 1:12 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPI outflow crosses Rs 3,700 crore in July

FPIs have been on a selling spree since the announcement of super-rich tax, said Morningstar's Himanshu Srivastava.

28 July 2019 12:12 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
Four of top-10 cos lose Rs 84,433 cr in m-cap; HDFC twins hit hard

RIL and SBI were the other frontline companies that suffered a drop in their m-cap for the week ended on Friday.

28 July 2019 11:16 AM IST

The Kia Seltos will be offered with two petrol and one diesel BS6-compliant engines.Business
Kia Motors to launch 'Made in India' car on Aug 8

KIA Motors plant would produce three lakh cars a year.

28 July 2019 11:07 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.Business
Earnings, macro data, Fed decision to dictate market trend this week:...

Benchmark indices managed to snap their six-session losing streak -- the longest since early-May -- on Friday.

28 July 2019 10:53 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
Boost for electric vehicles, GST cut to 5 from 12 per cent

The GST rate on all EVs has been reduced from 12 per cent to 5 per cent.

28 July 2019 6:29 AM IST

Electric vehicle is the future transport.Business
GST Council trims rate on electric vehicles, chargers to 5 per cent

The council also approved GST exemption for hiring of electric buses by local authorities.

27 July 2019 1:06 PM IST

Subhash Chandra GargBusiness
Garg says none in govt questioned offshore bonds issue when he was DEA...

The sovereign bond issuance was basically intended to ease the pressure on the domestic availability of resources.

27 July 2019 11:32 AM IST

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