Securities transaction tax mop-up on track to go past Budget target

The Union government’s revenue from securities transaction tax (STT) is on track to exceed its Budget projection for the current fiscal year, with the mop-up already surpassing 50 per cent of......

Metals get their shine back

When the world was upended by the Covid-19 pandemic, metals got its shine back. Photograph: Reuters In the last two years, infrastructure spending by major economies spurred demand, energy......

RBI warns of bad loan spike, pencils NPAs at 8.1-9.5% by Sep 2022

Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of......

GDP likely to grow more than 9.5% in FY22: SBI report

The country's gross domestic product (GDP) is likely to grow more than 9.5 per cent in fiscal 2021-22, an SBI research report-Ecowrap said. The economy grew at 8.4 per cent in the second quarter......