ED summons Maha NCP chief in IL&FS money laundering case

The Enforcement Directorate (ED) has summoned Maharashtra Nationalist Congress Party president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial......

Full Text: President's joint address to both houses of Parliament

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022. IMAGE: A word cloud of President Ram Nath......

7 big steps for Modi 2

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar. The people of India have given Narendra Damodardas Modi an unprecedented mandate. So what......

Going once, going twice, sold! Mementos gifted to Modi auctioned

About 1,800 mementos gifted to Prime Minister Narendra Modi since 2014 were auctioned at the National Gallery of Modern Art in New Delhi on Sunday. A painting of Modi at a railway station......

ED searches 2 former IL&FS auditors in connection with money-laundering case

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged......

How Adani Saga Affects Indian Banks

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much......

Vi's fundraising put on hold as govt delays equity call

Vodafone Idea’s (Vi’s) search for a lifeline has turned longer and tougher even as it continues to lose customers and delay vendor payments. Illustration: Dominic Xavier/Rediff.com......

RBI caps lending limits of NBFCs to bring them on par with banks

In yet another move to close the regulatory gap between banks and shadow banks, the Reserve Bank of India (RBI) has mandated exposure limits to the non-banking finance companies, in line with......