Rally in gold prices prima facie sending out bearish signals for equities Bond prices are indicating the preference for equities has gone down Nifty Smallcap index breaches the gap of the day of election results within a month Time cycle correction suggests Budget could be a turning point for the market This week gone by […]

Two months after India’s oldest private-sector airline grounded its last plane, and with even a water-bottling firm threatening to drag the carrier into bankruptcy, a consortium of lenders led by State Bank of IndiaNSE 1.23 % can finally stop pretending that a white knight is coming. With the insolvency tribunal taking Jet AirwaysNSE 15.51 % […]

The much anticipated decision on slashing GST rate on electric vehicles has been sent to a committee. A rate cut on electric charger has been approved from 18 per cent to 12 per cent. This was the 35th meeting of the GST Council and the first under Finance Minister Nirmala Sitharaman. The council also agreed […]

The consortium of 26 bankers led by State Bank Tuesday took the grounded Jet AirwaysNSE -22.59 % to the National Company Law Tribunal to recover their dues of over Rs 8,500 crore. The tribunal will hear the matter Wednesday. Jet Airways, started over 25 years ago by airline- ticketing-agent-turned-entrepreneur Naresh Goyal, stopped flying on April […]

The government has begun the process of identifying companies and directors that have not filed a form requiring photographs of both the registered office and one company director by June 15 according to a release by the ministry of corporate affairs. The ministry had extended the deadline for complying with the norm aimed at identifying […]

NEW DELHI: With many farmers still out of the ambit of institutional credit, the Centre Wednesday said it has directed concerned banks to issue Kisan Credit Card (KCC) to eligible ones within two weeks of the submission of completed application. Currently, there are 6.95 crore active KCCs, under which crops loans are given at a […]

MUMBAI: The Indian audit industry is staring at an upheaval if the National Company Law Tribunal (NCLT) accedes to the government’s demand to ban Deloitte Haskins & Sells and BSR & Co, part of the KPMG network, for their alleged role in concealing bad loans at IL&FS. Such a move would take out two of […]

NEW DELHI: The new government will hit the ground running as it looks to get economic growth back on track by simplifying taxes, easing compliance and spurring demand. A plan to kickstart private investment and stimulate demand has already been drawn up as the incoming administration gets ready to present a full budget in July. […]

Last month, startup India saw a crossover that it was delighted with. Rajan Anandan, managing director of Google India, quit to join Sequoia Capital and lead its early stage investment program Surge. Anandan is among India’s most prolific angel investors with over 59 investments. He got a star’s welcome. “Rajan is a true angel,” says […]