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Infrastructure Development Finance Company

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UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

Karnataka rolls back quota bill for Kannadigas in jobs

The Karnataka government on Wednesday put the reservation bill for Kannadigas in private firms on hold amid fierce criticism from business leaders and tech tycoons. IMAGE: Kindly note that this......

Modi 3.0: Focus Shifts To Governance

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,'......

Swiss court sentences Hindujas to jail, family files appeal

Britain's wealthiest family, the Hindujas, have said they are 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict......

Adani opts out of US funding for Colombo Port project

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. Image used for......

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......

What are tax-saving infrastructure bonds?

What are tax-saving infrastructure bonds? These are special bonds issued by institutions such as Industrial Finance Corporation of India, Infrastructure Development Finance Corporation and any......

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank......

What Will Nirmalaji's Budget Be Like?

The Budget comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty. IMAGE: Finance Minister Nirmala Sitharaman chairs the pre-Budget......

Historian Ramachandra Guha resigns from BCCI post

Historian Ramachandra Guha, appointed by the Supreme Court as one of the four administrators of BCCI, on Thursday informed the court that he had resigned from the post due to personal reasons. A......

ICC agrees to consider allowing three nominees from BCCI

The Supreme Court on Wednesday was told that the International Cricket Council (ICC) has agreed to consider allowing three nominees from the Indian Cricket Board (BCCI) to participate in its......

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