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Since January 2018, over 100 firms have come out with bonus share issues.

Tax rules kill joy of bonus shares

Investors are now seeking amendments to Section 2 (42A) of the Income Tax Act.

8 April 2019 1:20 AM IST

Mukesh Ambani's East West Pipeline in money laundering row

The pipeline project, it said, was implemented by a consortium of independent contractors from India, China, Russia and...

8 April 2019 1:14 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Commodity turnover up 20 per cent in FY19

The FY19 turnover is the highest since the commodity transaction tax was introduced in 2013.

6 April 2019 1:43 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

11 cross-border reinsurers allowed to do business in India

Apart from the domestic reinsurer GIC Re, a few international reinsurers operate in the country by opening their...

6 April 2019 1:43 AM IST

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

Bank of India to sell 25 per cent in Star Union Dai-ichi

The Reserve Bank of India had removed BoI from its prompt corrective action (PCA) framework in January, easing some...

6 April 2019 1:43 AM IST

Philippines national carrier Philippines Airlines has appointed Bird Travels as its general sales agent.

Airfares in India see sharp rise in last few months: report

Fitch said it expects growth in Revenue Passenger Kilometres to weaken further until supply increases.

5 April 2019 3:29 PM IST

Tata Sky on Wednesday said it has paid Rs 561 crore as licence fee to the government for 2017-18 financial year.

Tata Sky makes U-turn on NaMo TV; says its special service, not a news...

Main opposition Congress party, as well as AAP, alleged that the channel violated the model poll code.

5 April 2019 1:15 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

5 April 2019 8:40 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Most analysts expect another rate cut in June

Economists at Japanese brokerage Nomura said they expect another rate cut in June with a 40 per cent probability.

5 April 2019 8:30 AM IST

L&T Finance NCD public issue size is Rs 1000 crore, with a base issue size of Rs 500 crore and an option to retain over subscription of up to Rs 500 crore.

NBFCs enter retail market with NCDs, offer high rates

NCDs proposed to be issued by Shriram City Union Finance have been rated AA by rating agencies Crisil and CARE.

5 April 2019 1:14 AM IST

Economic Affairs Secretary Shaktikanta Das

New NPA framework soon

Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.

5 April 2019 1:13 AM IST

Shaktikanta Das

RBI slashes repo rate, lowers GDP growth forecast

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

5 April 2019 1:13 AM IST