Govt expects lower dividend from RBI in the…

KOLKATA | MUMBAI: The government is expecting a much lower dividend payment from the Reserve Bank of India next fiscal year, validating the market belief that the central bank’s income is likely to dwindle due…

NBFCs may have lower bad loan ratios than…

Kolkata: Non-banking finance companies (NBFCs) appear to be better placed in terms of asset quality when compared to banks with their aggregate bad loan ratio being projected to rise to 8.4% even under extreme stress.…

HSBC and StanChart shares tumble after reports show…

SINGAPORE — Hong Kong-listed shares of Standard Chartered and HSBC tumbled on Monday following reports that they allegedly moved large sums of suspicious funds.In Monday morning trade, shares of Standard Chartered tumbled 2.96% and HSBC fell 3.23%. The…

Tax Guy: Thinking about moving to a state…

If you’re contemplating moving to a different state, taxes may be a deciding factor. This column explains how to evaluate the tax picture in states you may be considering. Investigate all state and local taxes…

Oil prices edge lower on US-China tensions

NEW YORK: Oil prices edged lower on Friday, pressured by tensions between the United States and China, but some supportive economic data in Europe tempered losses. Brent crude futures fell 13 cents to $ 43.18…