The country’s largest lender State Bank of India on Monday said it has reduced its interest rates on home loans by up to 10 basis points (bps) and is offering loans starting from 6.70 per cent rate. These new rates are based on the loan...

Inflation is characterized as an increase in the cost of most every day or basic commodities, such as food, clothing, housing, entertainment, transportation, consumer staples, and so on. Inflation is classified as the cumulative rise in the value...

The Indian government has extended the deadline for filing the annual goods and service tax (GST) return and reconciliation statements the for FY 20 till March-end, from existing date of February 28. "In view of the difficulties expressed by...

The twelfth tranche of Sovereign Gold Bond 2020-21 will open for subscriptions from Monday and continue till 5 March. Launched in 2015, the Sovereign Gold Bonds are government securities denominated in grams of gold. It is often touted...

Reliance Strategic Business Ventures Limited (RSBVL) said on Sunday that it has acquired additional equity stake in its investee company skyTran Inc. for a consideration of $26.76 million. With this, RSBVL's shareholding in US-based tech firm...

A clutch of state-run banks who has significant exposure to the farm sector has initiated discussions with the government to set up a credit guarantee fund which is aimed to cover the defaults by farmers, making lending to the sector less risky,...

The Union government on Thursday announced new rules to regulate digital content and establish a Code of Ethics and a three-tier grievance redressal framework for news websites and OTT platforms. Concerns have been raised about rampant abuse of...

The corporate affairs ministry on Thursday asked investors to check the antecedents of Nidhi companies before putting in their money amid instances of such entities not complying with the rules. Registered under the companies’ law, Nidhi...

Any company needs an emergency fund to cover unforeseen expenses. Economic changes, legislation or tax settings can also result in financial volatility for a company, and this can be daunting without a safety net. The national shutdown put due to...

The Central Government on Wednesday lifted embargo on private sector banks for the conducting of government-related banking transactions. These include taxes, as well as, other revenue payment facilities, pension payments and small savings too....