At current market capitalisation levels, if govt reduces stake in listed companies to 51%, it can earn Rs 1.7 lakh cr from non-financial companies & Rs 1.8 lakh crore from financial ones.
During first nine months of this fiscal, personal loans and services sector drove up credit growth, shows Bank of Baroda report. However, manufacturing sector is lagging behind.
Court awarded Rs 18 lakh to the family of a man who was severely injured after a Bank of Baroda signboard fell on him, rejecting bank's claim that an 'Act of God' had led to accident.
Finance ministry says other PSBs have also intimated that they do not propose to raise bank charges in the near future 'in view of the Covid pandemic’.
Value erosion of Anil Ambani's two finance companies due to debt default has made asset sale only viable alternative, say bankers. RBI disagreeable to resolution under IBC.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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