Mumbai : The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged in its next monetary policy review on Wednesday, in view of the consumer price index (CPI) inflation in August shooting up to 3.36 per cent, according to latest official data....
By Maeeshat Desk, Dubai / Mumbai, Sep 28: Mr. Danish Reyaz, Managing Director of Maeeshat Media Pvt. Ltd. and Editor-in-Chief of Maeeshat English monthly, attended the two-day India-UAE Strategic Conclave in Dubai. He was one of the special invitees to the business...
New Delhi : Former Reserve Bank of India Governor C. Rangarajan on Friday said the package the government is looking at to revive the economy should be partly to raise capital expenditure and look at problems preventing private investments from rising. "The package in...
Mumbai : Key Indian equity indices on Friday witnessed the steepest fall since November 2016, on the back of escalating geo-political tensions between North Korea and the US, a weak rupee and heavy selling pressure in capital goods, metal and banking stocks. Market...
Mumbai : Looking at ways to boost economy amid a slowdown, Finance Minister Arun Jaitley on Friday said that encouraging private investment and improving capacity of banking system to support growth are the two major challenges for which best solutions have to be...
Mumbai : Mixed global cues, coupled with heavy selling pressure in banking, consumer durables and metal stocks, dragged the key Indian equity indices lower during the mid-afternoon trade session on Thursday. According to market observers, investors remained cautious...
Kolkata : Bankers on Saturday said they are betting on the Insolvency and Bankruptcy Code and the process of National Company Law Tribunal for getting quick resolutions in order to solve the problems of bad loans. "The Insolvency and Bankruptcy Code, 2016 is a...
New Delhi : The Asian Development Bank (ADB) on Friday said it has signed a loan of up to $200 million with IndusInd Bank to provide finance to low income women borrowers in rural India. The seven-year senior loan will go toward IndusInd Bank's microfinance...
New Delhi : Recapitalisation is a major issue for state-run banks owing to the massive non-performing assets (NPAs), or bad loans, accumulated by them and they are now exploring various sources of raising capital, according to a leading public sector bank (PSB)....
Mumbai : Healthy macro-economic industrial production data, along with broadly positive Asian markets buoyed the key Indian equity indices -- the BSE Sensex and the NSE Nifty 50 -- during the mid-afternoon trade session on Wednesday. According to market observers,...