Nov 22, 2016 - Here's how RBI saved the rupee from wild swings

NASSCOM says Budget 2021 should ensure ESOPs are taxed only when shares are sold With Budget 2021 around the corner, India’s IT body NASSCOM has submitted its suggestions for startups which includes further tax relaxations for employee Read More

Like 1991, the 2021 crisis presents an opportunity Even if the economy grows at 8.7% in 2021-22, we may remain at the level we were in March 2020. We will need to run faster to stay where we are Read More

The Rise And Rise Of Venture Debt Startups are increasingly turning to venture debt funds to raise capital, making 2020 one of the best years for the VC debt industry Read More

From automation to gig economy, India needs to work on its skilling program Despite running a skilling mission for years, India has very little to cheer about when it comes to availability of skilled labour. Read More

Hiring in 2021: 53% of India Inc may raise headcount this year, salary hikes expected India Inc is on the recovery path says a Michael Page survey-based report Read More

Piramal to delist DHFL, wiping out shareholders post-takeover The proposed plan is expected to lead to major losses for DHFL stockholders as it does not envisage any offer to buy out the shares held by these investors, unlike a regular delisting process Read More

RBI withdraws 3 circulars on excess pension recovery after discovering anomalies "It has been brought to the notice of RBI that the recovery of excess/wrong pension payments from the pensioners are being made in a manner that is not in keeping with the extant guidelines/Court orders," a central bank notification said. Read More

Beyond the data: The changing nature of India’s air travel demand The rising traveller numbers only speak of volumes. What is more concerning is the quality of revenue emanating from the demand. Get latest Views online at cnbctv18.com Read More

South Indian Bank posts loss of ₹91.62 crore in Q3 Higher credit cost has made a dent on South Indian Bank’s profitability in the third quarter of FY21. The Thrissur-based lender has registered a net loss of ₹91.62 crore against a net profit of ₹90.54 Read More

Sensex up 93% from March crash to hit 50,000: Stocks that led rally In the Sensex pack, four stocks have gained over 100% from March lows contributing massively to the 30-share gauge's journey towards the 50,000-mark. Read More

RBI slaps penalty of ₹2 crore on Standard Chartered Bank The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2 crore on Standard Chartered Bank–India for delays in reporting of frauds.The central bank said the penalty has been imposed on the Read More

Small finance banks’ low NPA ratio reflects better credit risk management: RBI “One of the creditable features associated with micro finance has been its lower loan defaults, which have been made possible by better management and supervision of the credit portfolio through the employment of social collateral of self-help groups. SFBs, many of which were erstwhile NBFC-MFIs, too have reported low NPA ratios,” the report said. Read More

Watch: Hero Motocorp Family Office's Utkarsh on the winter of pandemic and more For family offices, it’s as cold and foggy as in Delhi, says Nitai Utkarsh, lead of investment strategy at Hero Motocorp Read More

'PE investment in real estate declines 40%' Private equity investments in real estate fell 40% year-on-year to $4.06 billion in 2020 because of the COVID-19 pandemic, according to Knight Frank India. Private equity (PE) investments in 2019 had Read More

Will IPOs Work Well In 2021 Too? | India Development Debate This year will have no dearth of IPOs, especially with startups like Zomato, Nazara Tech, Nykaa, Flipkart, Policy Bazaar, Delhivery, BYJU's & Pepperfry to name a few. IPOs in 2021 like Zomato, food tech unicorn with deal valuation >$3.5 billion. Investors include names like Infoedge, Tamasek, Ant Financial with recent investments from Tiger Global, Kora, Luxor, Fidelity & Mirae. Nazara Tech is a gaming IPO firm with key investors like Rakesh Jhunjhunwala & IIFL Special Opportunities Fund. Known for cricket & Chota Bheem themed mobile games. It is Indias first game developer firm to file for an IPO in second attempt. Here’s Tamanna Inamdar, Rahul Bhasin, Managing Partner, Baring Private Equity Partners India, Mahantesh Sabarad, Head- Retail Research- SBICAP Securities & Rehan Yar Khan, Managing partner, Orios Venture Partner discussing the future of the IPO market in India. Read More

NSE arm buys Cogencis NSE Data & Analytics Ltd. a subsidiary of the National Stock Exchange of India has acquired Cogencis Information Services Ltd. NSE Data has acquired 100 per cent equity in Cogencis from Samara Read More

Big Deal: Here's what private equity sector wants from Union Budget 2021 Private equity industry has played a prominent role in providing growth and survival funds to the Indian entrepreneurs. As their importance grows and India banks on FDI as well as atmanirbhar funding, the sector has many suggestions to the finance minister ahead of the Union Budget 2021.Get latest Business online at cnbctv18.com Read More

Competition Commission of India approves Axis-Max Life deal Through its twitter handle, the competition Watchdog informed that it has approved acquisition of stake in Max Life Insurance Company by Axis Bank, Axis Capital and Axis Securities.Get latest Finance online at cnbctv18.com Read More

All is well among Indian Insurance firms, says Moody's Indian insurance firms are geared to withstand the economic downturn, as premium growth in general insurance segment will remain in positive territory and life premiums will stay broadly flat despite the weakening economy, Moody's Investors Service on Wednesday said. Continue Reading → Read More

Ignoring the environment is bad economics While liberalization brought new ideas of global finance and free markets, it nudged India to the brink of an ecological crisis Read More

‘If you want to be a great economic power, you can’t be protectionist’ Vijay Kelkar, former finance secretary and chair, 13th Finance Commission, discusses the consensus-driven strategy for reforms Read More

RBI remains net purchaser of US dollar in November, buys USD 10.261 bn In FY20, the central bank had net purchased USD 45.097 billion. It had bought USD 72.205 billion and sold USD 27.108 billion in the spot market. Read More

The working of a ‘project finance economy’ It is time to question neo-classical economic precepts on deficit and inflation for an economy of India’s nature Read More