'We didn't expect such retaliation by bankers'

'We went to the NCLT to facilitate payment and in our wildest dreams we had not imagined that this would result in such a severe action.' Photograph: PTI Photo A day after the RBI superseded the......

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.......

Govt may relax ECB norms for low-cost housing, infra

The move could streamline capital flows and help finance current account deficit The government might further ease the norms for raising funds through the external commercial borrowing (ECB)......

FM's not so populist stand makes Bengal Inc happy

Bengal corporate leaders on Thursday termed the 2013-14 Union budget a reformist one and said despite being the last budget of United Progressive Alliance before it goes to poll, Finance Minister P......