Adani Group Shares Plunge; Top Foreign Stakeholders’ Accounts Frozen
Following this development, Adani Enterprises, the conglomerate’s flagship company, fell as much as 25 per cent to hit an intraday low of Rs 1,201.10. The...
Tag : Finance
RBI Imposes Rs 6 Crore Fine On Bank Of India, PNB For Non-Compliance Of Norms
In both cases, notices were issued to banks to show cause as to why penalties should not be imposed on them for such violations of...
Lok Sabha Passes Finance Bill Without Discussion, Adjourned Sine Dine
The Lower House of the Parliament, Lok Sabha, on Monday, passed the Finance Bill by voice vote without any discussion. New Delhi| Lok Sabha on...
GDP Growth Rises Slightly to 4.7% in Third Quarter After Hitting 6-year Low
Although there is a slight increase in the GDP from the previous quarter, growth has slowed from 5.6% in the same quarter a year ago....
A Boring Fraud Episode
Today’s episode is about a routine and now boring corporate fraud. We have seen and discussed too many of them. But whenever new findings of...
Vodafone Idea Reports a Huge Loss Followed by Airtel
Vodafone Idea faces net loss to Rs. 50,922 crore accompanied by Airtel reported a net loss of Rs. 23,044.9 crore NEW DELHI| On Thursday the...
PM Modi in Saudi to Attend the Third Edition of Annual Financial Conference
PM Modi will address the forum and will hold bilateral talks with top Gulf Leaders RIYADH| On Monday late night PM Narendra Modi arrived in...
Yogi cabinet reverses three decade old law, now UP ministers will pay their own Tax
The UP state government paid Rs 86 lakh as the ministers’ tax bill for last financial year, said a senior finance ministry official Lucknow-The Yogi...
RBI to transfer Rs. 1.76 trillion from surplus to the govt
New Delhi | The Reserve Bank of India (RBI) approved a record Rs.1.76 lakh-crore ($24.4 billion) payout to the central government, amid a slowing economy. The central...
Kumaraswamy gives higher education portfolio to ‘class 8 pass’ minister, sees nothing wrong
“What have I studied? I’m working as the chief minister” – this was Karnataka Chief Minister H D Kumaraswamy response today as he dismissed questions...