Govt should have exited debt- laden Air India 15 years back: Jaitley on privatisation

Govt should have exited debt- laden Air India 15 years back: Jaitley on privatisation

Finance minister Arun Jaitley on Monday made a strong case for sale of Air India as he asked how fair it was to use Rs 55,000-60,000 crore of tax payers’ money on the national carrier for having just 14% market...
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GST may cause temporary disruption but will benefit in long run: JLR India chief

GST may cause temporary disruption but will benefit in long run: JLR India chief

The upcoming goods and service tax (GST) may cause a temporary disruption in the market, but will be beneficial in the long run, luxury carmaker Jaguar Land Rover said on Saturday, echoing the narrative much sold during the Narendra Modi...
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8 Financial Choices You’ll Regret in 5 Years

8 Financial Choices You’ll Regret in 5 Years

If your goal is getting ahead financially, the formula for success is simple: Maximize tax-advantaged retirement accounts early, boost your savings with a Roth or traditional individual retirement account, choose investments you feel comfortable with and avoid...
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Labour’s finance tax will hit pensioners, warns IFS

Labour’s finance tax will hit pensioners, warns IFS

  Labour’s plans to raise taxes on businesses and financial transactions will hit pension funds, reducing returns for savers and harming living standards into old age, the Institute for Fiscal Studies has warned. Jeremy Corbyn hopes to raise £5.6bn per...
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IMF approves loan to Mongolia to finance reforms

IMF approves loan to Mongolia to finance reforms

The International Monetary Fund said Thursday lenders have approved a USD 5.5 billion financing package for Mongolia to support reforms meant to revive economic growth and reduce reliance on mineral exports. The fund said it would provide $434 million to...
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The big dreams of small finance banks

The big dreams of small finance banks

If politicians stop spoiling the credit culture, clamouring for loan waivers, the small finance banks can change India’s banking landscape. Photo: Hemant Mishra/Mint All the 10 small finance banks that have got the in-principle licence from the Reserve Bank ...
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