India
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— Mahatma Gandhi
Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
As banks close their books for the financial year, they are talking tough with stressed steelmakers and making clear their intent to classify them as defaulters. Banks have also asked the government to seriously consider a specialized funding organization for the steel industry on the lines of the Power Finance ...
International Monetary Fund chief economist Maurice Obstfeld says India’s GDP numbers are broadly credible but calls for improving the numbers beyond what has been done. In an interview to TOI, he says some recapitalisation of banks is needed in the short term. Excerpts.
The ongoing e-commerce war spilled over to Twitter on Friday, when Sachin Bansal, co-founder of India’s largest online retailer Flipkart, made a direct jibe at competitors — Snapdeal and Paytm. Bansal tweeted, “Alibaba deciding to start operations directly shows how badly their India investments have done so far.” Recently, Chinese ...
India’s foreign exchange reserves surged by $2.5 billion to touch an all-time high of $355.9 billion in the week ended March 18, on account of rise in foreign currency assets (FCAs), the Reserve Bank said on Friday. The reserves had touched a high of $355.5 billion in the week ended ...
Fast-food chain Panda Express, which serves an American-Chinese cuisine, plans to make an India entry in partnership with JSM. Mumbai based-JSM had earlier brought international chains like Hard Rock Cafe and California Pizza Kitchen into the domestic market, and is learnt to have inked a master franchise agreement with Panda ...
They have also asked the Centre to consider a specialized funding body for the steel industry on the lines of the Power Finance Corporation for the power sector.
For long-term bank facilities, CARE has given ABAN a rating of D, from the earlier rating of double B minus.
Jet Airways on Thursday started pulling out its grounded planes from terror-hit Brussels with the first aircraft landing at Amsterdam's Schiphol airport. This aircraft will operate the airline's first batch of hundreds of its passengers, who were stranded in the Belgian capital since Tuesday.
A group of influential American lawmakers have introduced a legislation asking the Obama administration to help India join the Asia-Pacific Economic Cooperation (APEC) forum, saying an economically prosperous India benefits the US' strategic goals in Asia.
A group of influential American lawmakers have introduced a legislation asking the Obama administration to help India join the Apec forum, saying an economically prosperous India benefits the US' strategic goals in Asia.
Though India’s overexposure within the emerging market basket has gradually declined, India has overtaken China in terms of direct equity allocation by US investors. The data released by US Treasury shows India makes up 1.8% of US foreign equity holdings as on December 2015 as against 1.6% of China.
Though India’s overexposure within EM basket has gradually declined, India has overtaken China in terms of direct equity allocation by US investors.
The Life Insurance Corporation of India has subscribed to KRCL bonds worth Rs 250 crore floated by Konkan Railway Corporation Ltd.