Home » Business

Business - Page 62

A representational image of shopping mall. (Photo: PTI)

COVID-19 effect: Shopping malls coming up at snail's pace across India

The calendar year was supposed to see the launch of 54 new malls, spanning over 22.2 million sq. ft, as per the...

18 Nov 2020 4:04 AM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM IST

Govt releases truncated WPI for April; wholesale food inflation falls 3.7%. (AP Photo)

WPI inflation rises to eight-month high in October

As per the data, this is the highest level of Wholesale price index-based or WPI inflation since February

18 Nov 2020 2:38 AM IST

Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

Indian economy may be recovering faster than anticipated: Oxford...

Inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal, it said.

15 Nov 2020 2:49 PM IST

Finance Minister Nirmala Sitharaman addresses media on the outcomes of the 42nd GST Council meeting, in New Delh. PTI Photo

FM Sitharaman announces new stimulus measures for India's...

Among the many announcements made by the finance minister include a new job creation scheme

12 Nov 2020 4:16 PM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

With India's economy in a tailspin, Cabinet approves PLI plan for 10...

Under the five-year scheme that will continue till 2025, extra domestic production will be encouraged in 10 key sectors

12 Nov 2020 1:16 PM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

LIC bats for a unified regulator to oversee all of India's financial...

The insurer is of view that the regulatory process in all these sectors need to be simplified

10 Nov 2020 10:43 AM IST

BSE Tower. (PTI Photo)

After unpredictable Samvat 2076, India's stock markets look forward to...

India has chance to come out stronger and report healthy growth in Samvat 2077, provided we don't see a big second wave...

9 Nov 2020 1:08 PM IST

Similarly, a number of structural reforms have been taken in recent years which include demonetisation, implementation of the Goods and Services Tax (GST), banking policies etc. which will need time to yield results. The recent performance of some sectors has shown optimism.

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

7 Nov 2020 10:54 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the...

6 Nov 2020 1:42 PM IST

People living in the streets sit in line to receive food served by the Delhi government at a temporary shelter in the Nizamuddin area. The nationwide lockdown has thrown thousands of workers out of jobs and left them without access to food. (DC Photo: Pritam Bandyopadhyay)

Even as economic recovery continues, India lost 5.5 lakh jobs in...

October is the first month since the recovery began in May that has recorded a fall in employment

6 Nov 2020 2:27 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

Loan moratorium: RBI urges SC to lift interim order banning...

The bench said that it would take up the matter for hearing on November 18

5 Nov 2020 1:58 PM IST