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Manappuram Finance posts 35% growth in Q1 consolidated net profit

The consolidated net profit of Manappuram Finance Ltd for Q1 jumped to Rs 268.91 crore, an increase of 35.27 per cent over…

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National Housing Bank’s new norms to strengthen home finance cos: Report

The National Housing Bank’s (NHB) new norms stressing on tighter capital will structurally strengthen the dedicated home finance companies (HFC),…

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Arun Jaitley unlikely to continue as finance minister in PM Modi’s new term: Sources

India’s Finance Minister Arun Jaitley is unlikely to continue in his current role due to poor health as Prime Minister…

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India calls for Pakistan’s blacklisting by terror finance watchdog FATF

NEW DELHI: India will ask the global money laundering and terror finance watchdog to put Pakistan on a blacklist of…

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Urban sector holds key for double-digit growth: Finance Comm chief NK Singh

New Delhi: Finance Commission Chairman N K Singh Thursday said urban sector will play an important role in achieving double-digit growth for…

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PTC India finance partners with US-India clean energy finance initiative

PTC India Financial services (PFS), an infrastructure NBFC, has partnered with the US-India Clean Energy Finance (USICEF) initiative. Pawan Singh, Managing…

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‘Alarm bells ringing’ as finance optimism falls at fastest rate since 2008: ‘Brexit is now a national emergency’

London skyline: the City is on the edge over Brexit chaos. Photo: Matthew Lloyd/Getty Images More Optimism among financial services…

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Subhash Chandra Garg is the new finance secretary

As per the convention, the senior-most among the five secretaries in the Finance Ministry is designated as the Finance Secretary….

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Fiscal deficit touches 112.4% of budget target

i The government has budgeted to cut the fiscal deficit to 3.3 per cent of GDP or Rs 6.24 lakh…

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How Jeff Bezos lost out to billionaire Mukesh Ambani in poll-bound India

Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political…

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PNB Q3 net rises 7.12% to Rs 246.51 crore

Punjab National Bank (PNB) Tuesday posted 7.12 per cent increase in net profit at Rs 246.51 crore for its third…

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In 2 years, income tax payers to start getting refunds within 24 hours

The revenue department will put in place within two years a mechanism to ensure that all returns are processed within…

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India considers prepaid power as $5.7 billion of unpaid dues pile-up

India’s power retailers may need to start paying in advance for their electricity purchase in a bid to ease financial…

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Apple names third retail chief in seven years for post-iPhone era

Apple named its third retail chief in seven years, seeking to shake up store operations for a new era in…

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Microsoft invests in ‘Boring AI’ startup valued at $2.75 billion

Databricks, which says it makes software to help companies satisfy their “boring AI” needs, raised a new round of funding…