New Delhi: India's economic growth dropping to an over six-year low of 5 per cent in April-June 2019 is indicating a "significant deceleration" in both investment and consumer demand, industry body Ficci said on Saturday.
Expressing "deep" concerns over sluggishness in...
New Delhi: The government on Friday said it will infuse about Rs 55,000 crore in public sector banks to enhance their capital base so that they can accelerate lending in a bid to bolster growth.
This was the second set of...
Chandigarh, August 17
As high value stamp duty on all types of loan documents is proving a stumbling block in lending process, the Haryana government has decided to reduce it. The reduction in duty would help persons, especially from economically...
Colombo, August 17
Expanding its global footprint, Indian auto major Mahindra & Mahindra on Saturday opened its first completely knocked-down automotive assembly plant here in joint venture with Ideal Motors of Sri Lanka.
Mahindra & Mahindra (M&M) claims it is the...
New Delhi, August 17
In a bid to seize illegal cash, the Income Tax Deparmtent has issued a 17-point checklist to tax commissioners across the country to track those who deposited unaccounted cash during demonetisation.
In a directive to the Principal...
Finance Minister Nirmala Sitharaman yesterday met Prime Minister Modi for consultations on a booster dose for the economy. During the meeting, it was decided that the Government had to take steps to arrest the decline in fortunes of several...
TVS Group auto component maker Sundaram-Clayton Ltd (SCL) today said it will be shutting its Padi factory in Tamil Nadu for two days owing to slowdown in the automotive industry, joining two-wheeler major Hero MotoCorp which also announced closure...
New Delhi, August 3
Coffee Day Enterprises stock plunged over 48 per cent in four days to hit its fresh lower circuit limit as wary investors took to selling amid slew of negative news about the company.
In four days of heavy...
New Delhi, August 3
The Supreme Court today ordered status quo for two weeks on Jaypee Group’s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee Infratech.
A Bench of justices AM Khanwilkar and Dinesh Maheshwari ordered status quo after...
New Delhi, August 3
The government is likely to put on hold a plan to raise the minimum public shareholding in listed companies, a source with direct knowledge of the matter said, amid concerns it could force the issuance of billions...
