The government has asked lenders to immediately start invoking personal guarantees of promoters to recover the dues in case companies have failed to repay the loans.
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
The government has asked lenders to immediately start invoking personal guarantees of promoters to recover the dues in case companies have failed to repay the loans.
New estimates released by senior economists from the Bank of Italy reveal that somewhere between six and seven trillion dollars worth of black money currently lies hidden in tax haven across the globe, where Indians' share holds an estimated...
Registration of a company in India, usually takes five days, however, with a seemingly successful launch of a pilot project by the Ministry of Corporate Affairs, four companies were registered in a single day.
India will achieve the benchmark of Rs 100,000 in the next financial year when the per-capita income crosses the six-figure mark for the very first time

Talking at the Advancing Asia summit co-hosted by the International Monetary Fund and the government of India, Prime Minister Narendra Modi said, “My agenda...
FICCI president Harshvardhan Neotia has hailed the passing of Real Estate Bill, 2016 in Rajya Sabha and said that it was a major step in enhancing the credibility of construction industry.
India's industrial production contracted for the third consecutive month in January prompted by a sharp decline in manufacturing and capital goods sectors, posing fresh challenges for policy makers against the backdrop of a sluggish global economy.
Not so good times for the king, the Enforcement Directorate has registered a case under the Prevention of Money Laundering Act, against Vijay Mallya and top executives of now-defunct Kingfisher Airlines in a bank fraud case
ICICI Bank has launched an initiative that allows women employees to work from home for up to a year.

High Commissioner of India to the UK, Navtej Sarna met members of the Confederation of Indian Industry (CII) - India Business Forum (IBF) on March 2, 2016...