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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20:...

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM IST

Moodys is a global rating agency

Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 PM IST

The settlement is for four years from April 1, 2018, to March 31, 2022, and it will benefit around 20,000 employees in the Indian cement industry.

CMA inks wage settlement pact with trade unions

A total of 21 cement companies, consisting major players which cover 60 per cent of the country's total cement capacity.

21 Feb 2019 5:42 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM IST

The initiative will enhance the financial performance of the commercial banks, and will assist them to cope with RBIs prompt corrective action (PCA) plan. (Photo: Linkedin)

CARE Ratings to government: From where will you get the recap funds...

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 5:19 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO finalises 8.65 per cent interest for 2018-19: Gangwar

The interest rate is credited into the subscribers account after the Finance Ministry's approval.

21 Feb 2019 5:05 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold up by Rs 360 on jewellers' buying

Gold is trading at Rs 34,830 per 10 gram at the bullion market here on increased buying from local jewellers.

21 Feb 2019 4:47 PM IST

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

Oil hovers near 2019 highs amid OPEC cuts

Oil prices have been driven up this year by supply cuts led by the Organisation of the OPEC.

21 Feb 2019 4:34 PM IST

In a letter to Hussain, Zydus said his comment was anti-national and tarnished the companys image. (Photo: Twitter)

Zydus receives USFDA nod for 2 products

The company has received final approval from the United States Food and Drug Adminstration (USFDA) to market generic...

21 Feb 2019 4:25 PM IST

Panasonic is aiming to have around 30 per cent market share in Rs 1.5 lakh and above camera market.

Panasonic India eyes 15 per cent AC sales growth to Rs 1,400 cr next...

The company is expected to close the current fiscal with an AC turnover of Rs 1,220 crore.

21 Feb 2019 4:16 PM IST

Microsoft President Brad Smith pushed for urgency in regulating facial-recognition technology, while adding that tech companies should self regulate too. (Photo:AP)

NIIT Tech partners Microsoft to help clients in 'cloudification'

n collaboration with Microsoft, we will focus on the comprehensive cloud needs of enterprises from infrastructure to...

21 Feb 2019 4:14 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex ends 142 points higher; pharma, metal stocks rally

The 30-share Sensex settled 142.09 points, or 0.40 per cent higher at 35,898.35.

21 Feb 2019 4:09 PM IST