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— Mahatma Gandhi
Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
It has affirmed both long-term foreign and domestic currency issuer rating at "BBB+". The outlook of the ratings is stable
Bad loans at Indian banks jumped by nearly a third to around $60.3 billion late last year as the RBI drives a clean-up of banks' balance sheets. That figure doubles to a record amount when restructured, or rolled over, loans are included — amounting to 11.3% of all loans, the ...
The Reserve Bank of India is expected to cut its policy interest rate by a quarter percentage point on Tuesday, lowering it to a more than five-year low while dangling the prospect of another cut later this year if inflation trends stay benign.
The Rupee edged higher by 2 paise to 66.19 against the dollar in early trade on Tuesday on fresh selling of the American currency by exporters and banks ahead of Reserve Bank's first bi-monthly monetary policy meet for 2016-17.
Rupee edged higher by 2 paise to 66.19 against the dollar in early trade on Tuesday on fresh selling of the American currency by exporters and banks ahead of Reserve Bank's first bi-monthly monetary policy meet for 2016-17.
Domestic investors were cautious ahead of Reserve Bank's monetary policy meet as the market benchmark Sensex dropped over 125 points in early trade. The NSE Nifty also down by 32.80 points or 0.42 per cent at 7,726
'City better placed than Bangalore, Gurgaon'
Finance ministry has drawn up a list of 16 PSUs including ONGC, Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value.
Amit Dixit, senior MD and co-head of private equity in Blackstone India, is upbeat about the Indian IT sector and the potential upside it can unlock for the world’s largest PE player with over $330 billion worth of assets under management globally.
Japanese electronics giant Panasonic has appointed senior executive Manish Sharma to its global executive council, inducting an Indian onto the coveted decision-making body of the $80-billion company for the first time ever.
India Inc Hopes For 50Bps Growth Booster
Investment and agricultural imports are not new issues. The government is retreating from the same battles it fought during the Uruguay Round of the World Trade Organisation in 1995
Prabhu said the ministry is hoping to come out with a long-term plan soon. He added that the ministry has drawn up a comprehensive strategy to come out of this situation. Railways have undertaken plans to earn substantial revenue through commercial utilisation of surplus land and advertisement.
Pinning hopes on various initiatives taken by the government to double farm income in the next five years, Jaitley said this would push up rural demand and revive private investments. Talking about the global slowdown, he said, India should fully utilize this opportunity.
Hyderabad, April 4 (IANS) YES Bank, India's fifth-largest private sector bank, on Monday said it will set up a centre of excellence for start-ups in financial technology space at T-Hub, a technology incubator set up by Telangana government in partnership with three premier academic institutes.
Government is working on a proposal to make PAN(Permanent Account Number) a unique identity for business entities with a view to improving ease of doing business and ensuring a company is incorporated in a day using an integrated e-biz portal.
BSE revised the circuit limits for share movement of DCM Shriram Industries and 12 other companies. The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from Tuesday.
Low cost carrier SpiceJet will increase its frequency on the Udaipur – Mumbai route under their summer schedule with the launch of a new flight effective from April 16.
Mumbai, April 4 (IANS) Widespread expectation of an interest rate cut by RBI Governor Raghuram Rajan at the new fiscal's first bi-monthly monetary policy review on Tuesday swelled equity markets in the last hour of trade on Monday, even as Finance Minister Arun Jaitley called for it.
New Delhi, Apr 4 () The Finance Ministry and the Reserve Bank of India have been asked by a Delhi court to look into a matter in which Rs 800 crore loan was allegedly granted without proper verification to a company whose director was convicted in a corruption case.