Govt may need to pump $20 bn into coronavirus-hit state banks; soured assets likely to double: Report
The government has already pumped in Rs 3.5 lakh crore to shore up state-owned banks in the last five years.
Meeting FY21 fiscal deficit target to be very challenging; RBI yet to make decision on monetisation: Shaktikanta Das
The RBI announced long-term and targeted long-term repo operations (TLTRO) to ensure credit flow from banks to NBFCs but banks used the money to buy government bonds or top-rated corporate debt.
India may face loss of Rs 12.1 lakh cr during lockdown; GDP growth likely to decline to 1.1% this financial year: SBI report
The revised fiscal deficit will be at 5.7 percent of GDP and after taking into account only the current extra-budgetary resources (EBR), the deficit rises to 6.6 percent of GDP.
BSNL's VRS bears fruit: State-run telco likely to save up to Rs 600 cr per month on wage bills; may monetise land assets
In a major relief to the BSNL employees, the company is set to pay November salary before 31 December and the amount will be raised from internal accruals and bank loans.
Armed with this data, podcasters can seek better opportunities for monetising their podcasts.
Generally, enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India
Govt releases Rs 171-cr pending dues to MTNL for salaries; BSNL to clear Rs 850-cr wage outstanding by 20 March
BSNL chairman and MD Anupam Shrivastava said the company expects internal accruals of around Rs 850 crore in this month and the entire amount will be used for disbursal of salaries.
The institutional framework for monetisation of the assets could also be used by other CPSEs, PSUs, government organisations and loss-making or sick CPSEs.
Union minister Jayant Sinha says revival plan for Air India ready; airline realises Rs 410 cr via non-core asset sales
The minister of state for civil aviation said that Air India has planned to monetise its unutilised and surplus immovable real estate assets over the next few years.
The RBI board meeting which went on for a dramatic nine-hour session has reached a mature solution which is acceptable to all concerned parties
As IL&FS grapples with its own problems of refinancing, slow monetisation of projects and drying up of funds, the anxiety has now spread to the financial sector.
Proposed Data Protection Bill to severely impact data collection, processing for startup industry, says IAMAI
"With ease of doing business being still relatively difficult for startups, creation of an additional and complex regulator in the form of Data Protection Authority with ill-defined mandate will make things much more difficult for Indian tech startups,
Budget 2018 is likely to focus on enhancement of spending rather than a reduction of direct taxes, and therefore, the chances of achieving the fiscal target of 3.2 percent for FY 2017-18 and 3.0 percent for FY 2018-19 appears low
Aiming to fund rail expenditure through asset monetisation, Railway Minister Piyush Goyal said he would be "satisfied" with any amount of capital allocation to the transport behemoth in the upcoming budget
Digital distribution turned out to be greener than physical and removed the need for printing, packaging and shipping.
According to a blog by a company executive, WhatsApp is seeking an exceptional individual to lead the product development for its monetisation efforts.
CleverTap, the mobile engagement platform, announced a global partnership with App Promo, a marketing and promotional agency that help developers succeed in the discovery, downloads and monetisation of mobile
Experts believe trust will evaporate in the wake of revelations about government and corporate surveillance and likely greater surveillance in the future.