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  Business   Economy  03 Apr 2018

Business, Economy, 03 Apr 2018

PSBs wrote off Rs 2.41 lakh crore loans in over 3 years

The Rajya Sabha was informed on Tuesday.

03 Apr 2018 7:42 PM

IndusInd Bank to pilot WhatsApp enterprise solution

The integration with WhatsApp will allow IndusInd Bank to start appearing as a verified account when it communicates with its customers.

03 Apr 2018 6:38 PM

India can do a Silicon Valley in 5 years: World Bank

In developing countries, the concept of national innovation system must be expanded.

03 Apr 2018 3:25 PM

Bank stocks climb up to 5 per cent on RBI move

The move is expected to optically cushion profitability in the near term.

03 Apr 2018 1:51 PM

RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India’s leading importers of bullion, did not feature in the list.

03 Apr 2018 12:57 PM

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Manufacturing sector growth falls to 5 month low in Mar: PMI

IHS Markit marginally downgraded its real GDP forecast to 7.3 per cent for fiscal year 2017-2018.

03 Apr 2018 12:46 PM

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

03 Apr 2018 12:43 PM

Cryptocurrency arbitrage boom fizzles in Asia, but profits persist

The boom has eaten away the spreads and shown how fast the galloping cryptocurrency markets can change course.

03 Apr 2018 12:22 PM

Core sectors register 5.3 per cent IIP growth in February 2018

Steel production increased by five per cent in February, 2018 over February last year.

03 Apr 2018 8:56 AM

Fiscal deficit to be lower than revised estimates for 2017-18: Garg

India revised its fiscal deficit target to 3.5 per cent of GDP from an earlier 3.2 per cent of GDP for 2017-18 fiscal year.

03 Apr 2018 8:43 AM

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