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Banks' bad loans a big scam of UPA regime, says Modi at Ficci AGM

The PM was addressing the industry at Ficci's 90th annual general meeting

BS Banking Round Table 2017: IBC has shifted balance of power, say bankers

SBI's Rajnish Kumar says companies' deleveraging impeding credit growth; ICICI Bank's Chanda Kochhar says if disintermediation is added, the banking growth could be in the range of 12-12.5%

SC to hear pleas against Aadhaar linking tomorrow

The Centre had on December 7 told the apex court that the deadline for mandatory linking of Aadhaar to avail various services and welfare schemes would shortly be extended till March 31 next year

Top Stories in last day

13

PM Narendra Modi bats for small businesses at Ficci AGM: Key takeaways

The prime minister said small businesses were suffering due to delayed payments by big companies and asked the latter to make timely payments to MSME vendors

World stocks inch up for fifth day running as Fed heads for hat-trick

Solid gains in Asia overnight had inched MSCI's 47-country world index up for a fifth day running

10

Aadhaar-PAN linking deadline relaxed for 'certain' financial dealings: Govt

On December 7, the deadline for linking PAN with Aadhaar was extended by three months to March 31, 2018

09

Individual wealth in unlisted equity to hit Rs 17.6-lakh cr by FY22: Karvy

By FY22, Karvy expects individual wealth to double and touch Rs 639-lakh crore

08

BS Banking Round Table: MSMEs big opportunity for 2018, like retail earlier

The Indian banking industry's MDs, CEOs, CTOs put their minds together to discuss the future of banking and payments system at the Business Standard Banking Round Table 2017

06

Coal scam: Former Jharkhand CM Madhu Koda, ex-coal secy HC Gupta convicted

The court will hear argument on quantum of punishment on Thursday.

04

Campaigning for final phase of Gujarat polls ends, voting on Thursday

Thursday's polling will begin at 8 a.m. and end at 5 p.m. There are a total of 25,319 polling booths and 2,22,96,867 voters are registered on the electoral rolls.

03

Marching towards $20,000, Bitcoin reaches another high

The technical analysis suggests an extension of a wave, which could mean that bitcoin would easily surge above the psychologically important level of $20,000

02

WTO talks on brink of collapse as US rejects solution to food security

India has been maintaining that permanent solution to food stockpile issue was a 'must have' at the ongoing ministerial

23

Why differentiate between NCLT, non-NCLT cases: Sajjan Jindal

Jindal has questioned why the promoters of stressed assets were allowed to participate in the debt restructuring process

Warburg Pincus to pick up 20% in Airtel's DTH arm Bharti Telemedia

Bharti Telemedia is among the largest in the over 65-million direct-to-home (DTH) paid subscriber market in the country

22

Industrial growth slows; retail inflation at 15-month high

The Consumer Price Index (CPI)-based inflation rate rose to a 15-month high of 4.88% in November

SC says NCLT order on Unitech 'disturbing'

The Supreme Court has expressed its unhappiness over the National Company law Tribunal passing an order against realty major Unitech, even as it was hearing matters relating to the company."It is disturbing," chief justice Dipak Misra…

Gujarat Assembly elections 2017: PM Modi accuses Congress of spreading lies

Rahul Gandhi says strong undercurrent for his party

20

Get IPO pricing right: Sebi chief to bankers

Sebi was looking to bring down the time between closing of an IPO and listing of the security from six days at present to four days, says Ajay Tyagi

17

IndiGo promoters offloading Rs 1,245-crore shares through OFS

Based on the floor price, the share sale would fetch at least Rs 1,265 crore

Tuesday, Dec 12

Retail inflation zooms to 4.88% in November on high food prices

Mainly pushed by high food prices during the month, the CPI-based inflation breached the RBI's medium-term target of 4%

Mukesh Ambani's RIL may be planning to list Reliance Jio next year

The telecom services provider Jio, part of the Reliance Industries group, is aiming to improve its financial performance

Non-declaration of Bitcoin gains could attract 50% penalty and interest

Short-term capital gains tax of 30% likely to be levied if Bitcoin is held for less than three years, 20% if held for more than 36 months

Rahul Gandhi elected Congress president: Can he challenge PM Modi?

If he succeeds, he will fashion the Congress party into a viable challenger for Narendra Modi's BJP; if he fails, India will be staring at a virtual one party democracy for the foreseeable future

Monday, Dec 11

Mallya extradition trial: Lawyer questions impartiality of Indian judiciary

The 61-year-old was back in the dock at Westminster Magistrates' Court in London for day four of the hearing

Manmohan asks PM Modi to apologise for spreading 'falsehood and canards'

Says he rejects Modi's innuendos on Pak meddling charge as he did not discuss Gujarat polls with anyone at dinner hosted by Mani Shankar Aiyar

Rahul Gandhi elected Congress chief unopposed, to take charge on Dec 16

The 47-year-old scion of the Nehru-Gandhi family was the lone candidate in the fray

Still not paid taxes on Bitcoin gains? I-T notice could be on the way

Based on the holding period, you have to pay short-term or long-term capital gains tax

Sunday, Dec 10

End tax, policy flippancy, we'll double volume in 2 yrs: Merc

Disappointed over the frequent tinkering with taxes and regulations, luxury car-maker Mercedes-Benz India says it can "easily double the volume and add to the number of jobs" if the taxation approach to the segment turns more conducive and…

After bitcoin's wild week, Wall Street traders brace for futures launch

Bitcoin fans appear excited about the prospect of an exchange-listed and regulated product and the ability to bet on its price swings without having to sign up for a digital wallet

After job cuts in 2017, India Inc to offer fatter 10-15% pay hikes in 2018

India Inc is promising better pay hikes of 10-15 per cent for the right talent in 2018 after a challenging year for the job market, stunned by post- demonetisation layoffs in traditional sectors like textiles and due to the advent of…

Saturday, Dec 9

In Pics: SpiceJet plans amphibian flights within a year

SpiceJet aims to start amphibian plane operations in the country within twelve months as it will allow the airline to connect remote locations.

Sebi should prosecute Infy board over Panaya, Bansal issue: Whistleblower

The whistleblower says why Sebi is acting differently from NSE case and not ordering a fully independent investigation in Infosys case

Direct tax collections rise 14% to Rs 4.8 lakh cr in Apr-Nov: CBDT

Refunds amounting to Rs 1.02 lakh crore have been issued during April-November, 2017, it added

Bitcoin plunges 25% in 10 hours, hovers around $16-k ahead of futures debut

Big US banks, including JPMorgan Chase and Citigroup , will not immediately clear bitcoin trades for clients once investors start trading futures contracts

Friday, Dec 8

Govt moves to take control of Unitech; NCLT supersedes board

NCLT asks govt to name new directors by December 20

Lenders look to either convert Aircel's debt into equity or move NCLT

Want to convert their debt into equity and have asked promoters to invest Rs 4,000 cr more in equity

Mood swings: After dramatic gains, bitcoin tumbles 20% in 10 hours

As of 1320 GMT it had recovered to around $14,400, still down 13 per cent on the day

NCLT says govt nominated Unitech directors will work as per SC directive

Any interference in working of current management will be detrimental to cause of all stakeholders, Unitech said about the NCLT order.