The debt-ridden DHFL owes Rs 92,715.45 crore to the RBI, and is set to be the first financial services firm to be resolved through the bankruptcy code.
Replying to a debate on Taxation Law Amendment Bill, 2019 in the Lok Sabha, Finance Minister Nirmala Sitharaman said there is no decrease in direct tax collection.
The national auditor report showed the Indian Railways was spending Rs 98.44 to earn Rs 100, and has also been unable to meet its operational cost of passenger services and other coaching services.
Finance Minister Nirmala Sitharaman made the statement as she moved the Taxation Laws (Amendment) Bill, 2019 for consideration and passage in Lok Sabha.
Experts say debt is not a problem as long as it is sustainable. The issue is whether the massive generation of debt since the global financial crisis is going to be profitable.
India’s shopkeepers are mobilizing against Amazon & Flipkart, alleging they are engaged in predatory pricing in violation of rules meant to protect local businesses.
UP govt order to sugar mills to provide molasses to alcoholic drinks manufacturers at rates well below market levels means less is available to turn into ethanol.
China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.