The National Company Law Appellate Tribunal (NCLAT) on Thursday said banks can declare as non-performing assets (NPAs) the accounts of IL&FS and its group companies that have defaulted on their pa...

Former RBI governor C. Rangarajan has said the Reserve Bank alone can not contain inflation as supply side shocks are needed to be managed by the government.In a paper titled 'The New Monetary Policy ...

Private sector Kotak Mahindra Bank on Wednesday said the Reserve Bank has granted its final approval to reduce promoters’ stake in the bank to 26 per cent. On January 30, the bank had informed about...

In its first bimonthly monetary policy meet, the Reserve Bank of India has announced a cut in the policy rate (repo rate) by 25 basis points. The repo rate now stands at 6 per cent. Last February, th...

Senior Congress leader P. Chidambaram on Wednesday slammed the Bharatiya Janata Party-led government, saying its 'wrong approach” drove companies to insolvency and said the opposition has been vindi...

Property deeds worth over Rs 100 crore, a sealed bottle of Red Label Johnnie Walker whisky and a love letter written in blood were among the items found in the 200 unclaimed lockers in the basement of...

Prime Minister Narendra Modi might have wiped out the nightmarish demonetisation fiasco from his playbook but the Congress has decided to remind him and the nation of the “Tughlaqi firman” by obse...

India is looking to relax foreign investment limits in government bonds as it seeks to get its securities included in global bond indices in the next two years, three government officials said.New Del...

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RBI governor Urjit Patel faces the prospect of receiving the maximum penalty under the Right to Information Act for dishonouring a Supreme Court judgment on disclosing the names of wilful loan defaul...