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Moody's revises India GDP forecast to 5.4 pc in 2020

Banks have been both unwilling to lend and to lower lending rates despite successive interest rate cuts by the central...

17 Feb 2020 12:07 PM IST

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Airtel shells out Rs 10K crore on AGR dues

As per the government's assessment, Airtel owes nearly Rs 35,586 crore in statutory dues, including licence fee and...

17 Feb 2020 10:19 AM IST

General Motors to exit non-profit markets

GM said in a statement Sunday that it will wind down sales, engineering and design ops for its historic Holden brand in...

17 Feb 2020 9:37 AM IST

Export of plain gold jewellery to Turkey zoomed multiple times to $54.31 million in April-December 2019 against a meagre $2.79 million during April-December 2018, as per the data of Directorate of General of Foreign Trade.

Turkish buyers return to India for jewellery

As per industry estimates, Turkish agents would have been buying more than $200 million worth Indian gold jewellery from...

17 Feb 2020 5:35 AM IST

The number of cases admitted to NCLT in 3QFY20 was 561; second highest till date with 50 per cent from financial creditors.

IBC cases: Haircut rises to 88 per cent in Q3

While the amount yielded on resolution as a percentage of liquidation value is high at 200 per cent, it has been...

17 Feb 2020 5:31 AM IST

Finance minister Nirmala Sitharaman and RBI Governor Shaktikanta Das arrive for the RBI central board of directors in a customary post-budget meeting, in New Delhi on Saturday. PTI photo

Transmission of rate cuts will improve further: Shaktikanta Das

His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation

15 Feb 2020 2:14 PM IST

Taoyuan mayor Cheng Wen-tsan (L) takes part in a Taoist ceremony to prevent the COVID-Coronavirus at the Longde temple in Taoyuan. AFP photo

Generic drug ingredients supply from China may stop over Coronavirus

Indian companies procure almost 70 per cent of the active pharmaceutical ingredients (APIs) for their medicines from...

15 Feb 2020 1:42 PM IST

US President Donald Trump and First Lady Melania Trump walk to board Air Force One prior to departure from Joint Base Andrews in Maryland. AFP photo

Trump to target Indian investors during India visit

President Trump is scheduled to make his first visit as president to India on February 24-25 during which he will travel...

15 Feb 2020 1:24 PM IST

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After SC order, Vodafone Idea stock plunges by 12 pc

The apex court asked telecom operators to explain why these dues were not deposited despite its orders

14 Feb 2020 12:53 PM IST

The months performance has been driven by strong sales of the Jaguar F-PACE, the XE, the Land Rover Discovery Sport.

JLR drives in new Discovery Sport

In India, the new SUV competes with BMW X3, Mercedes-Benz GLC, Audi Q5 and Volvo XC60.

14 Feb 2020 2:07 AM IST

Another 29 per cent would maintain the same level of investment in PE and in total 75 per cent of the ultra rich are positive about private equity investment.

PE funds put more money into malls

PE funds' investment into retail real estate grew almost three-fold in 2019 over the previous year.

14 Feb 2020 2:03 AM IST

The 10 mega integrated textile parks will be developed in 1,000 acres of land closer to the ports. This will give plug-and-play facilities, including safeguard measures in the labour laws, textile secretary Ravi Capoor said on Thursday during a meeting of the Confederation Indian Textile Industry (CITI).

Textile industry seeks basic means before mega parks

According to Sanjay Jain, former chairman of CITI, scale of production is a major problem for the Indian textile...

14 Feb 2020 2:01 AM IST