Home » Business

Business - Page 210

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

DHFL bankruptcy: Irdai rules out troubles for two insurance arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230...

7 Dec 2019 11:57 AM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

NEFT transactions to be available 24x7 from Dec 16

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

7 Dec 2019 11:26 AM IST

Economic Affairs Secretary Shaktikanta Das

RBI to retain dovish bias going forward: report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

7 Dec 2019 10:46 AM IST

The Sensex fell 334.44 points or 0.82 per cent to settle at 40,445, while Nifty shed 96.90 points or 0.81 per cent to close at 11,921.50.

Momentum indicators are weakening

Concerns over the fiscal deficit and a weakening rupee also dampened the mood.

7 Dec 2019 2:01 AM IST

In fact, Kia Motor aims to launch one new product every six months in India to keep ahead of crowded competition.

Kia set to shake up SUV market

The Korean car maker is literally shaking up the growing sports utility vehicle or SUV market in Asia's third biggest...

7 Dec 2019 1:57 AM IST

Children may need more snacks and to eat more frequently. For adults, many dietitians saying what works for one person might not for another. (Photo: AP)

India is snacking nation, finds global survey

Hold your breath. The Mondelez study has many more interesting things to offer.

7 Dec 2019 1:53 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Consumer confidence dips to 5-year low

The Future Expectations Index that assesses the one-year ahead expectations also fell to 114.5 from 118.0. It has been...

7 Dec 2019 1:49 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Most weavers earn less than Rs 10,000

The census claims that there is an improvement in the income levels of the weaver households from the 2007 census.

7 Dec 2019 1:43 AM IST

Aditya Birla Group chairman Kumar Mangalam Birla. (Photo: File)

Voda Idea to shut down if no relief comes: Kumar Mangalam Birla

Vodafone Idea shares fell over 5 per cent on Friday, spooked by Birla's comments. The stock slumped 5.34 per cent at Rs...

7 Dec 2019 1:38 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

Write off DHFL exposure

If DHFL goes under liquidation, it will be sold and someone else will take over. Insurance companies are also part of...

7 Dec 2019 1:36 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that...

7 Dec 2019 1:32 AM IST

Mahindra drives in XUV300 BS6 petrol at Rs 8.30 lakh

Mahindra, India's biggest utility vehicle maker, has introduced the BS-6-compliant petrol version of its compact SUV,...

7 Dec 2019 12:34 AM IST