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Realty sector to witness upto 60 pc decline in residential sales volume in FY21. (Representative Image)

Realty sector expects 60% decline in residential sales volume in FY21

According to Icra, higher rated clients maintained considerable liquidity buffers, which is used to meet project costs...

28 Aug 2020 9:17 AM 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

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

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

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

Some states may cut stamp duty rates to push realty sales: Anarock

Property consultant says Karnataka, Maharashtra considering revision of registration charges

25 Aug 2020 4:56 PM IST

Government asks gencos, telcos to cap late payment surcharge at 12 pc. (PTI Photo)

Power ministry advises telcos to cap late payment surcharge at 12%

In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened...

23 Aug 2020 9:07 AM IST

Modi government is considering hiking the basic salary of central government employees to Rs 21,000.

Wage bill sees lowest growth in 18 years

The wage bill of 1,560 listed companies analysed by think tank CMIE recorded a 2.9 per cent increase in the June 2020...

22 Aug 2020 12:11 AM IST

Yes Bank sells asset management, mutual fund businesses to Khemkas White Oak. (PTI Photo)

YES Bank signs deal to sell two subsidiaries to Prashant Khemka's GPL...

The revenue contribution of Yes Asset Management in FY20 was Rs 33 lakh and net worth contribution totalled Rs 49.7...

21 Aug 2020 4:04 PM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 2:06 PM IST

Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan. (PTI Photo)

3 Chinese banks may get Rs 7,000 crore from RCom resolution plan, DoT...

The NCLT had directed the DoT to file their submission by Friday, when the matter will be heard

21 Aug 2020 9:36 AM IST

Indias crude imports fall to lowest in over a decade in July. (AFP Photo)

India's crude imports drop to decade low in July

Crude oil imports last month slumped about 36.4% from a year earlier to 12.34 million tonnes, or 2.92 million barrels...

21 Aug 2020 8:57 AM IST

Sometimes ventilators are not giving the results doctors expect from them. (File photo:AP)

Do you see med tech companies flocking to India? Industry is sceptical

Union government is seeing visions of Rs 77,900 crore of manufacturing investment

20 Aug 2020 11:32 PM IST