Business

A bad bank can act as an aggregator of all stressed assets in the system and work towards the resolution of these assets whereas banks can focus on business.

Sitharaman had earlier this month stated that the budget for the fiscal year beginning April will be "like never before". Here are details on when and where to watch the Union Budget 2021.

Melvin Capital, the hedge fund at the center of the GameStop drama, lost 53% in January but received commitments for fresh cash from investors in the last days of the month, a source familiar with the fund said on Sunday.

Tyreek Hill sprinted past cornerback Carlton Davis again, caught the ball in stride and then cut so sharply that safety Mike Edwards ended up flailing at him with one arm near the sideline. Hill casually jogged a few more yards before pausing at the goal...

The price of 22-carat gold in Mumbai is Rs 47,800 for 10 grams and for 24-carat gold, it is Rs 48,800, according to Good Returns.

Andhra Bank and Corporation Bank's amalgamation with Union Bank came into effect from April 1, 2020.

The IMF has revised its growth forecast sharply higher to 11.5 per cent as activity recovered much faster than expected after the lockdowns, Gopinath said.

Anthem and Wall Street are starting 2021 with different ideas for how the health insurers year will turn out.

The 2020 Tesla Model Y is an intriguing pick for an electric SUV. It has a relatively small footprint but provides cavernous passenger and cargo space. And with a current entry price of $43,190 including destination and handling fees, its also one the mos...

Stocks are mixed in Asia as investors focus on the Federal Reserve policy meeting that ends Wednesday.

Citing the expenses incurred by employees in setting up home offices, FICCI said that the Centre should consider such a raise in the limit. The Confederation of Indian Industry (CII) has also said that the limit of standard deduction should be hiked subst...

The record-breaking run has been continuing, with the benchmark reaching the momentous 50,000-mark on January 21. The 30-share BSE index jumped to its record high of 50,184.01 during the trade on Thursday.

Odisha Chief Minister Naveen Patnaik on Friday said the state has registered 55 per cent increase in exports in the current fiscal so far, despite the COVID-19 pandemic and global headwinds. "I congratulate the exporting community of the state for this...

The profit was higher than the street expectations as analysts in a CNBC-TV18 poll had estimated the number at Rs 3,200 crore.

Gold prices fell more than 1% on Friday as U.S. Treasury yields and the dollar held firm, although expectations of a big U.S. fiscal stimulus kept bullion on course for its first weekly gain in three.

Economic activity in the euro zone shrank markedly in January as stringent lockdowns to contain the coronavirus pandemic hit the bloc's dominant service industry hard.