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The recent measures taken by the Reserve Bank of India (RBI) to resolve non performing assets (NPAs) in the banking system under the Insolvency and Bankruptcy Code (IBC) would require banks to take a 60 per cent haircut on their loan assets, ratings agency Crisil said on Monday.

RBI policy, Q1 results to drive markets this week: experts

RBI is scheduled to meet this week and the market would keenly await action on rate reduction front.

30 July 2017 11:25 AM IST

ONGC already is majority owner of MRPL, which has a 15 million tonne refinery.

ONGC seeks market freedom to open India's 8th sedimentary basin

India has 26 sedimentary basins, of which only seven have commercial production of oil and gas.

30 July 2017 11:17 AM IST

Mutual funds are one of the best investment instruments for wealth creation, tax savings, and achieving financial goals.

MFs' asset base from small towns up 46 per cent to Rs 3.5 lakh crore

About 54 per cent of the assets from B15 locations is in equity schemes, while the same is 31 per cent for T15 assets.

30 July 2017 11:13 AM IST

According to depository data FPIs infused a net sum of Rs 9,628 crore in equities.

FPIs remain bullish on Indian markets, pour USD 4 billion in July

The latest inflow follows net infusion of Rs 1.6 lakh crore in the previous five months (February-June).

30 July 2017 11:08 AM IST

Karnan forwards memorandum to Rajnath seeking remission of jail term

Justice CS Karnan earlier also made a representation before President Ram Nath Kovind seeking remission of his jail...

30 July 2017 9:55 AM IST

Election Commission of India and the State Election commission are not ready for an immediate election.

Election Commission seeks report from Gujarat government

A delegation of top Congress leaders met Chief Election Commissioner Achal Kumar Joti in this regard.

30 July 2017 6:42 AM IST

RJD President Lalu Prasad Yadav. (Photo: PTI)

Fresh trouble for Lalu Prasad Yadav: Mohd Shahabuddin on CBI radar

The agency, sources said, had collected sufficient evidence against Shahabuddin in the case.

30 July 2017 6:34 AM IST

Janata Dal (United) leader Sharad Yadav (Photo: PTI)

Unhappy' Sharad Yadav in two minds?

Nitish likely to visit New Delhi next week. Panic stricken Congress tries to keep him on its side.

30 July 2017 6:30 AM IST

The BJP says it would like to play the role of an effective opposition and emerge as an alternative to the ruling party. (Photo: PTI)

EC seeks BJP's response on engineering' defections

If the two Congress MLAs from Jamnagar also quit the party, the Congress' strength in Gujarat Assembly will come down to...

30 July 2017 2:01 AM IST

Ahmed Patel has been fielded by the Congress for the August 8 Rajya Sabha polls. (Photo: PTI)

More trouble for Congress in Gujarat as 2 MLAs indicate wish to join...

Ahmed Patel needs the vote of 43 MLAs.

30 July 2017 1:48 AM IST

Sukesh Chandrasekhar Rao aka Sukash

EC bribery case: Court denies bail to accused Sukesh Chandrashekar

Chandrashekar had sought bail on the ground that his custody was not required as the investigation regarding him was...

29 July 2017 3:28 PM IST

Bukkal Nawab said praised the works of Yogi government in UP and Narendra Modis government at the centre. (Photo: ANI)

Jolt for Samajwadi Party; MLC Yashwant Sinha, leader Bukkal Nawab...

Leader Bukkal Nawab cited former UP CM's confrontation with his father for his resignation.

29 July 2017 12:56 PM IST