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8,167 wilful defaulters owe banks Rs 76,685 cr: Jaitley

New Delhi: There are 8,167 wilful defaulters who owe banks an amount of Rs 76,685 crore and 1,724 FIRs have already been filed in 2015-16, government said on Tuesday. The details were provided by Finance Minister Arun Jaitley in Rajya Sabha during Question Hour, where he also said that a Joint Committee of Parliament is presently looking into a Bill ... Read More »

Sensex, Nifty Rise As Pharma Stocks Boost Indexes

Indian shares rose on Wednesday as drug makers such as Glenmark Pharmaceuticals and Aurobindo Pharma gained after getting approvals for generic versions of a blockbuster cholesterol drug in the U.S. A U.S. judge on Tuesday refused to issue a temporary restraining order blocking the approval of new generic versions of AstraZeneca’s drug Crestor in the United States. Broader sentiment however ... Read More »

Heartiest Greetings and Felicitations on EIDULLAH (Eid-e-Ghadeer)

The 18th of Zil-Hajj marks the auspicious occasion of Eid-e-Ghadeer. This is the day of nomination of Imam Ali(a.s.) as the successor to the Holy Prophet(pbuh&hf) and commander of the faithfuls and the first Imam. This is also the day when the famous Ayat “Al-yaoma akmalto lakum dinakum wa atmamto alaikum naimatee” [Today we completed the DEEN for you and ... Read More »