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Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

Invest talk: Wedding bells ring for Gruh and Bandhan

Bandhan Bank also enjoys a premium valuation, based on its promoter quality and its track record in the microfinance...

19 Jan 2019 1:22 AM IST

Commissionerate of TDS, Peeyush Sonkar (IRS) however, warned against those who do not pay taxes as per the deadlines.

Tax matters: Not liable to capital gains tax on property gifted by...

I want to know whether these transfers will attract Capital Gains Tax and/or Gift tax either in my hands or my sister.

19 Jan 2019 1:10 AM IST

Money talk: What Choices Do 60+ People Have?

Money talk: What Choices Do 60+ People Have?

As a senior citizen borrower, if you are looking for money to meet your day-to-day expenses, an RML can be a useful...

19 Jan 2019 12:50 AM IST

It said that retail inflation is expected to moderate to 5 per cent in January (5.2 per cent previously) and that the trade deficit narrowed to $12 billion ($14.9billion previously). (Representational Image)

Inflation may stymie Indian pay rise

In Asia, salaries are forecast to increase by 5.6 per cent, up from 5.4 per cent last year.

18 Jan 2019 2:10 AM IST

Economic Affairs Secretary Shaktikanta Das

RBI-industry meet: India Inc pitches for rate cut to prop up growth

CII lauded the RBI for steps taken to ease financing challenges faced by the real sector.

17 Jan 2019 5:07 PM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

GDP growth likely to be tad higher at 7.5 pc in FY20, says Ind-Ra

GDP growth in 2019-20 will be more dispersed and evenly balanced across sectors as well as demand-side growth drivers

17 Jan 2019 4:35 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been...

17 Jan 2019 3:00 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI Governor to meet industry chambers on Thursday

Meeting comes ahead of the sixth bi-monthly monetary policy statement for 2018-19 scheduled to be announced on Feb 7.

16 Jan 2019 3:02 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may take dovish stance in Feb policy with softer inflation

The report expect a 50 basis points of rate cut in the first half of 2019.

16 Jan 2019 1:49 PM IST

After including surcharges, the current effective corporate taxes are 33.9 per cent for domestic companies and 43.26 per cent for foreign companies. (Photo: FInancial Chronicle)

Corporate tax may be cut to 25 per cent for turnover up to Rs 500 cr

Companies above Rs 250 crore turnover currently pay a basic corporate tax rate of 30 per cent.

16 Jan 2019 11:18 AM IST

The rating agency noted that losses were reported at 19 of the 21 state banks in FY18, including State Bank of India (SBI), while earnings at the large private banks also came under significant pressure, with Axis Bank reporting its first-ever quarterly loss.

Cabinet likely to consider capital infusion proposal for Exim Bank

The government infused Rs 500 crore in Exim Bank last financial year.

15 Jan 2019 3:31 PM IST

State Bank of India, the countrys largest lender, sees its provision for bad loans remaining high for at least the next two quarters, after which it will start softening as it steps up efforts to improve asset quality, its chairman said on Friday. (Photo: DC)

Govt keen to pare stake in banks to 52 per cent, but capital infusion...

State Bank of India has already initiated steps for a Rs 20,000-crore share sale through qualified institutional...

15 Jan 2019 2:13 PM IST