Insolvency and Bankruptcy Board of India (IBBI) has tightened the disciplinary framework for insolvency professionals, instituting hefty penalties for violations as they steer distressed businesses through the resolution process. Erring...

The Chief Economic Adviser (CEA) KV Subramanian on Thursday said last year the country had a V-shaped recovery. Looking at the last four quarters’ numbers during the Covid pandemic, India is the only country that has registered two...

The Reserve Bank of India on Thursday has cancelled the licence of the Madgaum Urban Co-operative Bank Limited, Margao, Goa, as the bank with its current financial position would be unable to pay its present depositors in full. According to...

Starting any kind of business needs effort and if you ask any entrepreneurs, they will agree with this. If you are someone that is aiming to start a business and is still confuse about what your business should be, then think about what you are...

For international businessmen seeking a piece of India’s renewables boom and the bankers who sit across the table with them, all roads go through the country’s indigenous energy players suggested Corp.’s Gaurav...

With the IPO momentum moving strong, calendar year 2021 is set to witness record fund raising through initial public offerings. As on date, India Inc has raised over Rs 42,000 crore though 28 IPOs in seven months till date. If the number of...

Yes Bank and Indiabulls Housing Finance have come forward for a strategic co-lending tie-up to source and service home loans. Under this strategic co-lending agreement, they will offer home loans to homebuyers at competitive interest rates, Yes...

Unlocks in the month of June have led to the sharp bounce back in credit demand by MSMEs, which was dampened by the second wave after a strong fourth quarter of FY21. Strong rebound in credit demand, accompanied by equally strong credit...

The Reserve Bank of India (RBI) has decided to allow non-bank payment system providers (PSPs), including prepaid payment instruments (PPI) issuers like mobile wallets, card networks and white label ATM operators to participate in the Centralised...

The International Monetary Fund (IMF) on Tuesday slashed its FY22 growth forecast for India by 300 basis points from its April projection to 9.5 per cent, the sharpest cut for any country, citing the damage caused by the second Covid wave that...