FM warns of strict action if gold auction norms violated

Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to......

'Capital is flowing back to the US'

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.' Kotak Institutional Equities is of the view that the markets are likely to remain......

RBI lens on 8 fintech companies in P2P lending space

Currently there are 26 licensed players in the P2P lending sector but only 10–11 are actively operating. Photograph: Shailesh Andrade/Reuters The Reserve Bank of India (RBI) has intensified......

'There is a slowdown in the economy'

'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.' Photograph: Kind courtesy Shriram Finance/Instagram Shriram Finance, one of......

Why Brands Are Chasing Gukesh

'With an achievement like this, Gukesh could even be endorsing global brands.' IMAGE: World Chess Champion D Gukesh with his trophy in Singapore on Friday, December 13, 2024. Photograph: ANI Photo......