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Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

Credit flow to NBFCs to go up

The RBI has aligned the risk weights for bank exposures to all categories of NBFCs other than Core Investment Companies...

8 Feb 2019 1:33 AM IST

Bancassurance channel has doubled the number of lives in just one year from 57.77 lakh lives in FY17 to 195.89 lives in FY18.

Individual agents losing out on 'life' share

Insurance penetration business premium as a ratio of the GDP has remained stagnant.

7 Feb 2019 5:12 AM IST

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

NBFC woes to continue in FY20

Efforts by NBFCs to move towards long-term funds have increased the cost of funding.

6 Feb 2019 3:14 AM IST

Among cereals, rice was least affected by the irregularity in monsoon as it is grown mostly in well irrigated areas.

Kharif production expected to fall further in second estimate

Among cereals, rice was least affected by the irregularity in monsoon as it is grown mostly in well irrigated areas.

6 Feb 2019 3:08 AM IST

Krishnamurthy Subramanian

Living the Indian dream

Subramanian, who is fondly known as Subbu among colleagues and friends, was the first one to go to college in his...

27 Dec 2018 12:00 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

Festive sales see etailers burn $500m in discounts

An increase in the number of tier II shoppers was one of the main reasons behind the growth of festival season sales...

16 Oct 2018 2:40 AM IST

With discounts going up as high as 50%, mobile phones accounted for over 40% of all transactions on day 1.

46Lakh phones sold online in 2 days of festive sales

Meanwhile, Flipkart said on Thursday that it sold 30 lakh mobile phones in a day the highest phones sold in a day...

12 Oct 2018 12:31 AM IST

According to a latest report by Tourism Australia, over 11,400 tourists from the state visited Australia spending AUD 55million (approx. Rs 275 crores) on their Australian holidays for the year ended June, 2017. (Representational image)

Budget 2018: 10 sites set to become iconic' tourism spots

Tourist amenities at 100 Adarsh monuments of the Archaeological Survey of India will be upgraded to enhance visitor...

2 Feb 2018 7:15 AM IST

The government has not yet made any specific allocation for the scheme, at the current commercial rate of premium, this could cost the government up to Rs 1.5 lakh crore.

Budget 2018: Largest universal health cover sans allocation announced

The government has a Rashtriya Swastya Bima Yojana which provides a cover of Rs 30,000 per family.

2 Feb 2018 2:04 AM IST

The Bengal Excise (Amendment) Bill, 2016, has merged sales tax and excise duty on liquor into one. (Representational Image)

Union Budget 2017: No mega deals for start-ups this year

Start-ups require government initiatives to create conducive environment rather than tax holidays, experts opined.

2 Feb 2017 3:54 AM IST