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2 mins read
Jharkhand is the only state holding out against the Indian government's suggested formula on GST compensation
With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising ou…
2 mins read
Government allows 20 states to meet GST compensation shortfall through open market borrowing
Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …
3 mins read
Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%
Government sources said that the unconditional borrowing limit for states could be raised by ano…
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
3 mins read
Only dozen-odd MFIs can gain from RBI's special liquidity window
"Our own survey shows that only 12 members, one with 'AA' and 11 with 'A', have investment grade r…
PTI
2 mins read
13 states decide on GST compensation — only Manipur opts for borrowing entire shortfall in one go
Out of the 13, 12 states have opted for the first option, under which the Union government has o…
2 mins read
NBFCs seek setting up of permanent refinance window in Union Budget
Mumbai, Jan 28 () Non-banking finance companies (NBFCs) have sought setting up of a permanent refin…
PTI
3 mins read
RBI MF liquidity window to improve investor confidence, calm down corp debt mkt: Experts
The RBI further said funds availed under the SLF-MF should be used by banks exclusively for meetin…
PTI
11 mins read
Windows Phone 8.1 Review: Gloriously Good Enough
If you are into Microsoft services, Windows Phone 8.1 will treat you right. Just like Windows 8, O…
Gizmodo India
8 mins read
A $6.5 million loan fund threw FICO scores out the window, and the results show a way forward for America's struggling cities
"If you look at Detroit, that mayor, it's been a train wreck for 40 years, the population has gone …
Matt Turner
2 mins read
Diwali muhurat trading to take place on November 1, 2024 on BSE and NSE: All you need to know
Many believe that trading at the start of the new Samvat or during the muhurat is auspicious since …
5 mins read
Trump's lawyers say an accuser's sexual assault testimony should have been tossed because the incident was aboard an airplane
Donald Trump appeared in court Friday for arguments in the appeal of the E. Jean Carroll trial that…
Jacob Shamsian
10 mins read
Wall Street's next big bet could revolutionize homeownership
US homeowners have stacked up trillions of dollars of home equity. Big investors are now ready to c…
James Rodriguez
2 mins read
ASSOCHAM urges RBI not to hike repo rate beyond 25-35 bps
ASSOCHAM has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) …
2 mins read
Roman Abramovich demands an extra $627 million from everyone bidding to buy Chelsea, boosting sale price to $4.4 billion, report says
Abramovich apparently wants the extra cash to put into a foundation to help victims of the war in U…
Will Martin
3 mins read
Meet a teacher who can't retire because she owes $155,000 in student loans: 'I'll die with that debt'
Lori Harrell has been teaching for more than 20 years, but was denied student debt relief by two pr…
Jason Lalljee
2 mins read
All 28 states and three union territories decided to go for Centre's GST compensation formula
All the 28 states and three union territories with legislature have decided to go for the Centre-su…
2 mins read
8th weekly instalment of ₹6,000 crore released to states meet the GST compensation shortfall
Ministry of Finance has released the 8th weekly instalment of ₹6,000 crore to the states to meet th…
2 mins read
LA Dodgers co-owner Todd Boehly is in the hot seat to buy Roman Abramovich's soccer team in the biggest sports team sale in history
With an expected price of somewhere between $3 billion and $4.4 billion, the Chelsea sale will outs…
Will Martin
5 mins read
Third Point Real Estate's managing partner said it's 'a foolish debate' to say the office market will fail
Frank Scavone, who managed some of the riskiest commercial real estate debt after the financial cri…