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NEW DELHI: Four years after RBI ordered insolvency action against Srei Infrastructure Finance and Srei Equipment Finance, Punjab National Bank on Friday reported a loan fraud of Rs 2,434 crore committed by the erstwhile promoters of the two non-bank finance companies to the regulator.It reported a fraud of Rs 1,241 crore in the case of…
I did not expect to feel this way. By most measures, we are in the middle of a historic crypto winter. Prices have been low. Sentiment has been even lower. If you’re looking for the kind of market euphoria that typically makes conference season feel electric, you won’t find it in the charts right now….
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Finance Minister Nirmala Sitharaman (File photo) Finance Minister Nirmala Sitharaman on Wednesday clarified that the International Monetary Fund (IMF) did not question India’s growth figures, and said the Fund’s ‘C’ grade on national accounts stems solely from the use of an outdated base year. She said the IMF, in fact, acknowledged India’s healthy economic performance…
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Uttarakhand chief minister Pushkar Singh Dhami (Photo credit: ANI) HARIDWAR: The Haridwar Ardh Kumbh Mela to be held in Uttarakhand in 2027 will be celebrated as “divinely and grandly” as the Purna Kumbh, and for the first time, sadhus and saints will take ‘Shahi Snan’ (royal bath) during the Ardh Kumbh, chief minister Pushkar Singh…
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NEW DELHI: In a setback to Lalu Prasad, the Supreme Court on Monday refused to quash FIR against him in the land-for-jobs case but granted him exemption from appearance before the trial court and also allowed him to raise the issue of requirement of sanction during the trial. “We do not say anything about the…
