Last week, Canara Bank in an RTI disclosure said it has written off loans worth Rs 1.29 lakh crore in last 11 yrs. Opposition leaders then slammed govt over 'loot' of public money.
After its affidavit to SC, govt orders issues waiver norms including cashback by 5 November. All standard accounts up to 29 February eligible for benefits.
The SC has asked the government to fix a definite date for implementation of its decision to waive compound interest on loans up to Rs 2 crore for the six-month moratorium period.
Supreme Court gives Modi govt over 2 more weeks to decide on waiver of interest for moratorium period after considering interest of all classes of creditors & all sectors of economy.
As UP and Maharashtra write off farmers’ loans and MP, Haryana, Rajasthan and Punjab struggle to tackle fresh demands for debt relief, Finance Minister Arun Jaitley says the Central government will not help foot the bill. And RBI Governor Urjit Patel calls loan waivers a “moral hazard”. Is it time to revisit this culture of farm loan waivers? We ask experts.
In India, there has been remarkable certainty on taxes, particularly as the government has largely focused on slashing taxes, both direct and indirect, rather than increasing them.
New Delhi: Indian stocks are seeing a resurgence of volatility just weeks after being dubbed the world’s calmest equity market, with growing skepticism sparking...
NSE CEO Ashishkumar Chauhan was speaking at Off The Cuff event hosted by ThePrint's Editor-in-Chief Shekhar Gupta. He said that NSE, on average, sees 20 crore cyberattacks each day.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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