Search For "finance"
SC stays Bombay HC order granting bail to DHFL promoters in Yes Bank scam
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): The Supreme Court on Thursday stayed a Bombay High Court order granting bail to former Dewan Housing Finance Limited (DHFL) promoters Kapil Wadhawan and Dheeraj Wadhawan in the Enforcement Directorate's Yes Bank scam case.
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FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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COVID-19: Sitharaman to review implementation of resolution framework for
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.
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Government entities to adopt digital methods for materials hitherto using
Updated : 5 years, 6 months ago IST
New Delhi [India], September 2 (ANI): There is to be no activity towards printing wall calendars, desktop calendars, diaries, and other such material for use in the coming year by any Ministries/Departments/PSUs/PSBs and all other organs of the government and all such activity shall go digit
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Don't transfer burden of GST compensation to states, Kerala CM urges PM
Updated : 5 years, 6 months ago IST
Thiruvananthapuram (Kerala) [India], Sept 2 (ANI): In a letter, Kerala Chief Minister Pinarayi Vijayan on Wednesday urged Prime Minister Narendra Modi to advise the union finance ministry not to go ahead with plans of transferring the burden of GST compensation to the states.
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Why are PM CARES Fund trustees afraid to reveal names of donors?: Chidamba
Updated : 5 years, 6 months ago IST
New Delhi [India], September 2 (ANI): Congress leader and former Union Finance Minister P Chidambaram on Wednesday slammed the Central government for not revealing the names of the donors of PM CARES FUND and questioned "Why are the trustees afraid" to do so.
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War-like effort needed to bring economic growth back on track: Jharkhand F
Updated : 5 years, 7 months ago IST
Ranchi (Jharkhand) [India], Sep 1 (ANI): Jharkhand Finance Minister Dr Rameshwar Oraon has taken on the central government over declining GDP and economic crises. According to Oraon demonetisation, improper implementing of GST and irrationally imposed nationwide lockdown are the factors behi
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Options given for bridging GST revenue shortfall will put onerous burden o
Updated : 5 years, 7 months ago IST
New Delhi [India], September 1 (ANI): Delhi Chief Minister Arvind Kejriwal on Tuesday wrote a letter to Prime Minister Narendra Modi stating that the two options that have been given to states by the Finance Ministry to make up for shortfall in the goods and services tax (GST) compensation c
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Gross GST collection in August at Rs 86,449 crore: Finance Ministry
Updated : 5 years, 7 months ago IST
New Delhi [India], September 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in the month of August is Rs 86,449 crore, including Rs 15,906 crore in CGST, Rs 21,064 crore in SGST, Rs 42,264 crore in IGST and and Rs 7,215 crore in Cess, the Union Ministry of Finance said on
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KCR urges PM Modi to reverse decision on GST shortfall borrowings
Updated : 5 years, 7 months ago IST
Hyderabad (Telangana) [India], September 1 (ANI): Telangana Chief Minister K Chandrasekhar Rao (KCR) on Tuesday wrote a letter to Prime Minister Narendra Modi, stating that the decision of asking states to meet the shortfall in GST compensation through borrowings can be reversed.
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Housing finance lender Aviom secures funding from Mauritius-based Aviator
Updated : 5 years, 7 months ago IST
New Delhi [India] Sept 1 (ANI/Digpu): Between microlending, which involves people borrowing for small-size items, and traditional home loans (for regular homes), there exists a gap in lending. AVIOM India Housing Finance Pvt Ltd is one such company providing lending services in the middle ar
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Bhupesh Baghel demands Rs 2,828 Cr from Centre as GST compensation for Chh
Updated : 5 years, 7 months ago IST
Raipur (Chhattisgarh) [India], Sep 1 (ANI): It would be more practical for the Centre to take loans to pay off the GST compensation amount to states, said Chief Minister Bhupesh Baghel demanding Rs 2,828 crores for Chhattisgarh for the same for 2020-21.
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