Fiscal deficit in FY24 improves to 5.6% on better tax mop-up

The central government's fiscal deficit during 2023-24 at 5.6 per cent of the GDP was better than previous estimates of 5.8 per cent on account of higher revenue realisation and lower expenditure,......

PSU banks urged to review their gold loan portfolio

The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with  regulatory norms have been noticed by the government.......

Has Paytm Woken Up Too Late?

Has Vijay Shekhar Sharma given up on the bank?For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay. IMAGE: A cobbler uses Paytm as a mode......

Is There Time For A Reset For Paytm?

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance. IMAGE: A cutlery vendor switches on Paytm to receive payment details at......