Category: Finance

A father, a sister, a son: The blast in Beirut takes a heavy toll on Lebanon

BEIRUT: A close twin sister, now separated forever. An attentive and doting husband who sacrificed for his family and promised his wife the moon. A...

Private equity firm KKR withdraws intention to sponsor India Grid Trust

MUMBAI: Private equity firm KKR has backed off a plan to become a sponsor of India Grid Trust, or IndiGrid, an infrastructure investment trust (InvIT)....

View: BJP has won the culture war on Ram. Time now to focus on the economy

By Nalin Mehta It’s the death of the republic, lamented one of the few liberals on my school alumni WhatsApp group. As the imagery of...

Air India Express crash: Mumbai pilot, Deepak Sathe, was an ex-IAF officer

(This story originally appeared in on Aug 08, 2020) MUMBAI: Commanding pilot Deepak V Sathe, 59, who is believed to have died on the spot,...

Indian consulate in Dubai to remain open to share info related to Kozhikode plane crash

DUBAI: The Indian Consulate in Dubai will remain open on Saturday to help those who need assistance to travel to Kerala and provide information about...

Loan restructuring plan shows India’s financial sector is short on capital and truth

By Andy Mukherjee The true financial cost of Covid-19 is something India would rather not acknowledge, let alone bear — at least not until the...

RBI pushes enhanced safety for cheques above ₹50,000

The Reserve Bank of India (RBI), in its monetary policy announcement on Thursday, kept the key repo rate unchanged at 4%. However, keeping consumer safety...

Formalise conditions, wages of ASHA and Anganwadi workers: House panel on labour

NEW DELHI: The parliamentary standing committee on labour has said that the work of ASHA and Anganwadi workers must be formalised, their wages made specific...

Serum Institute to price Covid-19 vaccine at $3 per dose for India and lower middle income nations

Mumbai: Serum Institute of India (SII), the world’s largest vaccine manufacturer by volume has capped the price of Covid-19 vaccine at $3 per dose for...

RBI gives a longer rope to households

The policy announcement from the Reserve Bank of India (RBI) usually has an indirect impact on individual households when the rates go up or down....

Meghalaya approves policy on seat reservation for women in village employment councils

GUWAHATI: Meghalaya Chief Minister Conrad K. Sangma today informed that the cabinet has passed a historic decision by approving the “Policy on Reservation of seats...

labourers: Only 5,000 out of 24 lakh registered skilled migrants got jobs in 116 districts

New Delhi: Government is said to have informed the Parliamentary Standing Committee on Labour that though more than 24 Lakh migrant skilled labourers had registered...

Three things to keep in mind when filing nominations for financial assets

All your efforts to secure your family against financial uncertainties in case of your demise can come to nought if you don’t file your nominations...

View: Why did China’s ambassador engage publicly with Indian interlocutors?

By Kanwal Sibal With the ongoing Chinese aggression in Ladakh, why China’s ambassador chose to engage publicly with some Indian interlocutors in an event organised...

FIIs upbeat on Indian equities, but can negative GDP forecast dim their love?

Mumbai: Foreign institutional investors (FIIs) continue to remain upbeat on the prospects of Indian equity markets, betting on higher-than-expected corporate earnings and gradual economic recovery...

What to do if you get a scrutiny notice from the tax department

Although the tax department didn’t disclose the absolute number of cases, the tax experts believe that better data collection and mining may have helped in...

Mahathir Mohamad admits Malaysia’s ties with India strained due to his Kashmir remarks

Malaysia’s former prime minister Mahathir Mohamad has admitted that his country’s ties with India strained due to his remarks on Kashmir, but said other than...

Da Milano: Omni-channel strategy comes to the rescue of small and medium retailers

New Delhi: Prior to the pandemic, premium leather goods brand Da Milano had used its webstore only to liquidate items on discounts. However, as business...

How to Successfuly Grow Your Money

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What to keep in mind before taking a loan to buy a used car

As the lockdown is lifted in a phased manner, the auto industry expects the sale of cars to rise. Many of these buyers are looking...

Chinese Communist Party more assertive, demanding & confrontational: US-Europe report

NEW DELHI: A report titled Dealing with the Dragon: China as a Transatlantic Challenge by top US and European think tanks has cautioned that Chinese...

In Q1, we haven’t even done 10% of last year’s sales: Dilip Piramal

The second quarter is also going to be quite slow. But we hope things will pick up in the last two quarters of the year,...

Franklin Templeton mutual fund’s shut schemes receive ₹4,280 cr since closure

NEW DELHI : Franklin Templeton Mutual Fund’s six shut schemes have received ₹4,280 crore from maturities, pre-payments and coupon payments since the announcement of their...

Irdai’s push for digitization makes buying life insurance policy easier

In a bid to make the purchase of term plans easier and to solve the problem of issuing physical policies amid covid-19, Irdai this week...

Taiwan in talks to make first purchase of sophisticated United States drones: Sources

WASHINGTON: The United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan for the first time, according to six U.S....