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The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Even RBI loses hope on acche din for economy

GDP forecast slashed from 6.1% to 5 per cent; inflation looms.

6 Dec 2019 12:48 AM IST

Globally, investors are shying away from coal assets amid increasing pressure from climate change investors on large international miners and banks.

Govt approves allocation of 5 coal blocks, to generate Rs 17,136 cr...

The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines, the ministry said...

5 Dec 2019 5:53 PM IST

Shaktikanta Das.

We can-'t keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

5 Dec 2019 1:31 PM IST

The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Reserve Bank keeps repo rate unchanged at 5.15 per cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October...

5 Dec 2019 12:07 PM IST

HDFC customers who want to subscribe to IPO of Ujjivan Small Finance Bank (closing on December 4) and buy Sovereign Gold Bonds (December 2 to December 6) through the bank are suffering.

Ujjivan Small Bank IPO subscribed 165 times

Ujjivan Small Finance Bank is a mass market focused bank promoted by Ujjivan Financial Services.

5 Dec 2019 1:03 AM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India-'s services industry returns to growth in November on strong...

A sub-index tracking demand jumped to 53.2 from Octoberâ€™s 50.1, encouraging firms to accelerate hiring at the fastest...

4 Dec 2019 7:50 PM IST

Announcing the decision, Finance Minister Nirmala Sitharaman said the government will put in Rs 10,000 crore in this alternative investment fund (AIF) while SBI and LIC would provide Rs 15,000 crore, taking the total size to Rs 25,000 crore. (Photo: File)

Govt to launch first debt exchange-traded fund

The ETF, called Bharat Bond ETF, will have a fixed maturity of three and ten years .

4 Dec 2019 7:30 PM IST

In the last Budget, the Centre had announced that the FDI limit would be raised from 49 per cent to 100 per cent for insurance intermediaries like aggregators, brokers, marketing firms and corporate agents.

Total FDI inflow into India increased in 2018-19: govt

Total FDI inflow in 2018-19 was USD 62.00 billion.

4 Dec 2019 3:04 PM IST

These services can improve the efficiency of HR personnel and perhaps even the employees

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

4 Dec 2019 11:30 AM IST

Nirmala Sitharaman

Government committed to more reforms: Nirmala Sitharaman

She invited Swedish firms to invest in infrastructure development projects.

4 Dec 2019 1:26 AM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST Council to review GST revenue position, compensation cess

The meeting of all powerful GST Council is expected to take place in the second half of this month to deliberate on a...

3 Dec 2019 7:37 PM IST

Minister of State for Finance Anurag Thakur that PSBs wrote off Rs 47,658 crore, Rs 56,847 crore, Rs 79,048 crore, Rs 1,24,275 crore and Rs 1,86,632 crore during financial years 2014-15, 2015-16, 2016-17, 2017-18 and 2018-19, respectively, according to the RBI data.

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

3 Dec 2019 4:17 PM IST