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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Effective steps' on anvil to deal with frivolous bids under IBC, says...

Srinivas also said a time would come when the Code becomes the last resort to deal with stressed assets.

26 Feb 2019 2:18 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Avoid buying life insurance just to save income tax

The life insurance business has grown manifolds in India because of the efforts put up by million agents, lakhs of...

26 Feb 2019 1:34 PM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Iran buys Indian raw sugar for the first time in five-years: sources

Iran is buying the sugar from India to use up the rupees it has received for oil sales to India.

26 Feb 2019 1:01 PM IST

Indra Nooyi joins Amazon Board of Directors

Nooyi was elected to PepsiCo's board of directors and became its President and Chief Financial Officer in 2001.

26 Feb 2019 10:07 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee outlook looks up on thaw in trade war

At the interbank foreign exchange market, the rupee opened on a positive note at 71.03 against the US dollar.

26 Feb 2019 4:58 AM IST

NBFCs would increasingly find it difficult to profitably lend under these categories.

Real estate cash crunch risk for struggling NBFCs

Developers in the north have been jailed and home prices in the Mumbai dropped in 2018 for a second year.

26 Feb 2019 2:12 AM IST

In a significant move in this direction, the Supreme Court in August last year had pronounced that any person who has purchased goods or services through online channel will be allowed to initiate legal proceedings against the seller at the place from which the booking or purchase was done online, which would usually be the place where he resides.

Govt to set up consumer courts on e-commerce

China too has established e-consumer courts which work virtually.

26 Feb 2019 1:58 AM IST

President Donald Trump speaks before signing a USD 716 billion defense policy bill named for Senator John McCain Monday, in Fort Drum, New York on Monday. (Photo: AP)

Donald Trump triggers hope, delays tariff hike on Chinese goods

The White House did not provide specific details on the kind of progress that had been made.

26 Feb 2019 1:47 AM IST

The long-awaited shake-up arrives ahead of another year of potentially bruising battles over Brexit, as talks with the European Union enter a key new phase amid continued divisions in the Conservative party. (Photo: AP)

Banks losing battle to be no-deal Brexit ready

Sources at three investment banks said their efforts would not be completed by Brexit Day.

25 Feb 2019 7:37 PM IST

There are many reasons why Thailand is one of the most famous tourist destinations in the world.

Indian tourist footfalls to Oman grew by 12.37 per cent in 2018

In 2017, 317,844 Indian tourists visited Oman, Ministry of Tourism, Oman said in a release issued here.

25 Feb 2019 7:12 PM IST

Sugar prices staged a smart comeback at Rs 150 per quintal.

Sugar production may exceed demand of 26 MT in SS 2018-19

Sugar production is likely to decline to around 30 million tonne in SS 2018-19 from the record high of 32.3 million...

25 Feb 2019 7:02 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

India lacks good economic, jobs data due to informal economy: Debroy

It is difficult to draw an inference as to what is happening on labour and employment: Debroy.

25 Feb 2019 6:22 PM IST