Mumbai, June 8
The RBI today issued a new framework for resolution of bad loans, replacing the previous norms quashed by the Supreme Court in April, offering a 30-day gap for stress recognition instead of the one-day default earlier.
The new norms...
Paris,june 08: Italian-American carmaker Fiat Chrysler on Thursday withdrew its blockbuster proposal to merge with Renault, blaming political objections in Paris and sparking a war of words with French officials. Fiat Chrysler (FCA) had stunned the markets last week...
Chandigarh, May 24
High earnings, coupled with bumper exports last year, will drive Punjab farmers to grow more basmati. The area is set to gain acreage and would touch 7 lakh hectares in the current sowing season compared to 5.47...
Mumbai, May 24
Equity benchmarks Sensex and Nifty rallied to record closing highs on Friday as investors wagered on more policy reforms following the decisive mandate for the Narendra Modi-led BJP in General Election.
The BSE Sensex shot up 623.33 points,...
Washington, May 24
India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi’s envoy here has said, becoming the latest country to comply with the US sanctions on Tehran over...
New Delhi: State-run power giant NTPC on Saturday posted a 48.7 per cent jump in its standalone net profit at Rs 4,350.32 crore for the March quarter compared to the year-ago period mainly on the back of lower expenses.
The company's...
Washington: The International Monetary Fund IMF is looking forward to working with the new government of Prime Minister Narendra Modi, a top official said Friday, asserting that India's reforms and future direction should continue to focus on achieving faster and...
New Delhi: Fortis Healthcare has reported a consolidated net profit of Rs 151.19 crore for the quarter ended March, as against a net loss of Rs 914.32 crore in the corresponding period of the previous fiscal. Consolidated revenue from operations...
New Delhi: The country's largest lender State Bank of India (SBI) will conduct a customer outreach programme next week to address their queries and seek suggestions to improve services.
The 'Mega Customer Meet', to be held on Tuesday, is expected to...
New Delhi: Public sector banks (PSBs) have recovered close to Rs 1.2 trillion from stressed assets during the financial ended March, primarily helped by resolution under the Insolvency and Bankruptcy Code (IBC), an official said.
During the first half of the...
