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Private asset reconstruction company will tackle NPAs better: Arvind Panagariya
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Wed, Apr 26, 2017 | 06:57 PM IST

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Private asset reconstruction company will tackle NPAs better: Arvind Panagariya

As on September 30, 2016, gross NPAs of PSBs rose to Rs 6.3 lakh crore as against Rs 5.5 lakh crore at the end of the June quarter....

60 per cent of income tax notices on fishy cash deposits returned

Industry trackers said while the income-tax department is going hammer and tongs after those who they suspect to hold black money....

Tamil Nadu, UP and Bengal lagged in NREGS payments in FY17

Government has issued a circular to ensure that the 'financial transfer order' is generated within eight days of registration under the muster roll...

Non-BJP ruled states lagged in NREGS payments in FY17

In contrast, Andhra Pradesh was the best performer, having made 90% of its payments on time, followed by Telangana at 85% and Jharkhand at 76%....

PMO ask departments to provide enabling framework to attract FDI

The government in the last two-and-a-half years has relaxed FDI policy by removing sectoral caps and placing several sectors under the automatic ro...

India may soon come up with a pact to get details of fund diversion via Dubai, Gulf nations

Officials told ET that work is under way on an agreement that would help secure financial records about firms set up by Indian cos & operating in t...

Forex reserves increase by $889.4 mn to $369.887 bn

Foreign currency assets (FCAs), a major component of the overall reserves, surged by USD 881 million to USD 346.248 billion in the reporting week, ...

Government may prod IDBI Bank to raise funds via public offer

“Under the new leadership, the bank is expected to raise money from the market. It is likely to be through a FPO, or a QIP,” said a finance ministr...

Alcohol ban another drain on India's weak state finances

While per-capita consumption of alcohol in India is among the lowest in the world, hazardous drinking -- binging and solitary consumption to the po...

Now Khadi commission goes digital

Among other digitization initiatives, Khadi institutions have started filing their claims online and payments made by KVIC to Khadi institutions fo...

India may soon come up with a pact to get details of fund diversion via Dubai, Gulf nations
Forex reserves increase by $889.4 mn to $369.887 bn
Government may prod IDBI Bank to raise funds via public offer
Alcohol ban another drain on India's weak state finances
PMO ask departments to provide enabling framework to attract FDI
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