What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths.Today their number is down to two.A Ganesh Nadar finds out why. IMAGE: Armugam in his smithy. Photograph: A Ganesh......
The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......
The Enforcement Directorate on Monday seized three offices in a prime location in Mumbai, valued more than Rs 41 crore, as part of a foreign exchange violation probe against a businessman whose......
The Enforcement Directorate has written to the Union Home Ministry alleging the Aam Aadmi Party, which rules Delhi and Punjab, has received more than Rs 7 crore foreign funds in contravention of......
Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent......
Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds Illustration: Uttam Ghosh/Rediff.com The government has decided to infuse......
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......
The RBI has initiated a 'prompt corrective action' against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI......
Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. Illustration: Dominic Xavier/Rediff.com This resurgence is primarily driven by strong......
A non-strategic investor like Adar Poonawalla brings in not only capital but also creative freedom.Indian cinema needs more investors like him, reports Vanita Kohli Khandekar. IMAGE: Karan Johar......
IMAGE: IPL 2024 Champions Kolkata Knight Riders look like the most complete squad heading into IPL 2025. Photograph: KKR/Instagram Kolkata Knight Riders broke the bank to get back Venkatesh Iyer,......
The IPL 2025 mega auction will be held in Jeddah, Saudi Arabia, on Sunday, November 24 and Monday, November 25.A total of 574 players will be up for hire at the auction out of which 366 are Indians......