The regulatory easing comes as lenders report a revival in corporate credit demand, led by sectors such as oil and gas, infrastructure, metals, power and large non-bank financial companies.
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Domestic and foreign companies will be treated on a par when it comes to tax benefits for data centres, Union IT and electronics minister Ashwini Vaishnaw said on Saturday, citing a post-budget clarification issued by the finance ministry that offers…
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Scheduled Commercial Banks have achieved a historic low in their Gross NPA ratio. India requires 307 GW of thermal power capacity by 2034-35. A falling rupee is expected to boost exports. External debt remains sustainable. CAG audit identified deviations in…
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The Goods and Services Tax Appellate Tribunal has ordered instant noodle maker CG Foods to deposit over ₹90 lakh into the Consumer Welfare Fund. The tribunal found the company profiteered by not passing on a GST rate cut benefit to…
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The move follows after the Delhi High Court in a judgement flagged procedural issues. Until the Supreme Court provides clarity, NFRA’s internal position is to resolve the legal issues conclusively before resuming the issuance of fresh disciplinary orders.
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Adani Energy Solutions has secured undisclosed long-term financing from a consortium of Japanese banks, led by MUFG Bank and SMBC, for its 950-km HVDC transmission project. This green loan will fund the 6,000 MW link connecting Rajasthan and Uttar Pradesh,…
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