Business News
Express Web DeskOct 17, 2019
Finance minister Nirmala Sitharaman said: "It (India) is one of the fastest-growing (economies) even today. It has the best-skilled manpower and a government that is continuously doing what is required in the name of reforms,
PTIOct 17, 2019
The Indian rupee opened 5 paise higher at 71.38 against the US dollar in early trade on Thursday tracking positive opening in domestic equities and foreign fund inflows.
ReutersOct 17, 2019
Babej joined Citi in 2010 as co-head of the financial institutions group after having previously worked at Deutsche Bank and investment bank Lazard, according to the memo sent to staff by Citi global CEO Mike
ENS Economic BureauOct 17, 2019
‘Democratised leadership left a nasty stink of corruption’
ENS Economic BureauOct 17, 2019
The partnership allows customers across select cities to buy a range of electric scooters at their convenience, in addition to availing festive offers ahead of Diwali.
George MathewOct 17, 2019
Despite several rate cuts by the RBI, micro, small and medium enterprises (MSMEs) have recorded a slide in credit exposure.
Khushboo NarayanOct 17, 2019
ED seizes four flats of former PMC chairman, identifies land with links to HDIL promoters Subscriber Only
Earlier this week, ED identified 160 acres of land worth Rs 125 crore, owned by Vijaydurg Ports.
ENS Economic BureauOct 17, 2019
PMC Bank’s administrator JB Bhoria and members of the advisory committee of the bank met RBI top brass including Governor Shaktikanta Das, Deputy Governor and other officials on Wednesday to discuss the progress of the
ENS Economic BureauOct 17, 2019
Some of the core grievances identified by the associations are deep discounting, “oppressive contracts”, “unreasonable and arbitrary rules of engagement”, among others.
Prabha RaghavanOct 17, 2019
US FDA issues warning letters to Glenmark, Torrent Subscriber Only
According to the letter issued to Glenmark, the company “failed to adequately investigate more than 70 consumer complaints associated with punctures, cracks, and holes” in some of the topical creams and ointments manufactured at its
Sandeep SinghOct 17, 2019
Bank credit outstanding shrinks in first five months of 2019-20 Subscriber Only
According to the data released by the Reserve Bank of India, the decline has been led by contraction in credit outstanding for industrial segment (-4.2 per cent) and services segment (-2.7 per cent) in the
Express News ServiceOct 17, 2019
HDIL directors Rakesh and Sarang Wadhawan requested the ED, EOW, Finance Ministry, RBI Governor and Deputy Governor to sell off their attached assets at fair market value.
ENS Economic BureauOct 17, 2019
In rupees terms, the profits were down 34.6 per cent y-o-y at Rs 135 crore.
BloombergOct 16, 2019
Is the world economy sliding into first recession since 2009? Subscriber Only
Investors cheered Friday as the US struck a partial trade agreement with China and there were even signs the UK may strike a divorce deal with the European Union. But the debate over how close
Express Web DeskOct 16, 2019
Issuing a clarification, HDFC Bank said the information was not new and had been inserted as per a June 22, 2017 RBI circular.
PTIOct 16, 2019
In India's case, there has been a negative impact on growth that has come from financial vulnerabilities and the non-bank financial sector, and the impact on consumer borrowing and borrowing of small and medium enterprises,
PTIOct 16, 2019
Diesel, the most used fuel in the country, saw demand drop by 3.2 per cent to 5.8 million tonnes, while naphtha sales were down by a quarter to 844,000 tonnes.
Express Web DeskOct 16, 2019
"Dr Singh was the Prime Minister and I'm sure Dr Rajan will agree that Dr Singh would have had a ‘consistent articulated vision' for India," Nirmala Sitharaman said amid laughter from the audience.
Aanchal MagazineOct 16, 2019
Ajay Bhushan Pandey: ‘GST rationalisation can be done in many items, but rate stability is also important’ Subscriber Only
Revenue Secretary Ajay Bhushan Pandey said more needs to be done in GST: more simplified, easier to operate.
ENS Economic BureauOct 16, 2019
“With the above relaxation, about 77 per cent of the depositors of the bank will be able to withdraw their entire account balance,” the RBI had said on Monday while increasing the cash withdrawal limit
ENS Economic BureauOct 16, 2019
On Sunday, the World Bank had slashed India FY20 growth estimate to 6 per cent from its original call of 7.5 per cent.
George MathewOct 16, 2019
The economy may be slowing down but the insurance segment, both life and non-life, has recorded a substantial growth rate in premiums, at least till the six-month period ended September 30 of 2019-20.
Pranav MukulOct 16, 2019
It also includes knowledge of personnel pertaining to aircraft turnaround and general safety procedures such as aircraft fuelling, pushback, and towing.
ENS Economic BureauOct 16, 2019
Exports of engineering products dropped 6.2 per cent to $6.55 billion from $6.99 billion, while shipments of petroleum products reduced nearly 18.60 per cent to $3.44 billion.
Anand Mohan JOct 16, 2019
The Singh brothers were arrested by the EOW for alleged diversion of funds and causing a loss of Rs 2,397 crore to Religare Finvest Ltd (RFL).
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