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Indias general government debt-to-GDP ratio is likely to be at 80 per cent of GDP by FY30. (Representative Image)

Government debt-to GDP ratio to be at 80% by FY30: Report

The report also finds that the government support to real GDP growth in the 2020s decade would be lower than in the past...

27 Aug 2020 12:52 PM IST

RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be self-defeating. (PTI Photo)

Extreme risk aversion can be self-defeating: RBI Governor warns banks

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

27 Aug 2020 12:25 PM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Government to forego Rs 46,000 crore of interest on delayed GST...

But businesses that had already paid their taxes are likely to claim a refund

27 Aug 2020 10:43 AM IST

Accenture plans to reduce workforce. (Photo- PTI)

Accenture to lay off 5% of its 'low performing' workforce

Accenture has a global workforce of around 5.13 lakh people and out of them, about 2 lakh are in India

27 Aug 2020 3:29 AM IST

FSSAI to soon issue order for reducing trans-fat in food items to 2 pc by 2022. (Representative Image)

FSSAI plans to limit trans-fat in food items to 2% by 2022

Currently, bakeries, sweet shops and other food business operators can voluntarily display 'trans-fat-free' logos on...

26 Aug 2020 7:40 PM IST

Sensex recaptures 39,000-mark after six months; Nifty closes above 11,500. (PTI Photo)

Sensex ends above 39,000 for first time in 6 months, Nifty crosses...

IndusInd Bank was the top gainer in the Sensex pack, rallying 5.93 per cent

26 Aug 2020 6:04 PM IST

TRAI issues show-cause notice to Vodafone Idea on priority plan. (PTI Photo)

TRAI sends show-cause notice to Vodafone Idea, says priority plan is...

TRAI had been probing priority plan RedX and Platinum offering to see if network preference leads to deterioration of...

26 Aug 2020 4:06 PM IST

Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Gujarat tops Export Preparedness Index 2020, Maharashtra comes second

Six coastal states -- Gujarat, Maharashtra, Tamil Nadu, Odisha, Karnataka and Kerala -- feature in the top ten rankings

26 Aug 2020 2:10 PM IST

Former Reserve Bank governor D Subbarao

Former RBI governor D Subbarao backs setting up of a bad bank to...

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset...

26 Aug 2020 12:36 PM IST

A Bata worker sanitises a showroom to make it coronavirus free. (Twitter/@BATA_India)

Bata to open franchise stores in small cities to expand semi-urban...

The footwear giant plans to open 100 more stories this year

26 Aug 2020 11:26 AM IST

The newly-issued Rs 2000 notes. (Photo: PTI)

Don't jump, Rs 2000 currency notes slowly being phased out

As per RBI's latest annual report, the big note was not printed at all during 2019-20

26 Aug 2020 9:24 AM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

We've good news: Crooks stole only Rs 28k crore during corona quarter

Bank frauds down from Rs 43k crore seen in the April-June quarter of 2019

26 Aug 2020 8:58 AM IST