According to data compiled by ratings agency ICRA, Indian banks are set to report a fresh spike in bad loan numbers based on new RBI norms that require lenders to classify loans, henceforth restructured as non-performing assets.
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24th Dec 2024 | Updated at 11:41pm 24th Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
The Federation of Indian Chambers of Commerce & Industry (FICCI) conducted a survey of enterprises post the implementation of GST, for answers on various...
In a project that was touted as the largest in the world, India gave its 1.3 billion citizens a unique digital identity.
The Indian Railways has set to task a mammoth-sized recruitment drive to hire 89,000 employees in levels C and D.
Presenting Fifth consecutive Union Budget Shri Arun Jaitley has continued Shri Narendra Modi Government's efforts and endeavors of Equity and Justice for...
From the world's largest healthcare programme, to massive spending on rural infrastructure, Jaitley's budget focuses on achieving high growth rate.
The government of India unveiled a fresh round of liberalisation of the foreign direct investment (FDI) policy, allowing foreign airlines to invest up to 49% in Air India, and opening up 100% FDI in single brand retail under the automatic route.
The Serious Fraud Investigation Office (SFIO) has filed a case against fugitive tycoon Vijay Mallya and 18 others, including Air Deccan founder Captain...
The government of India said it has decided to strike off the names of 1,20,000 more companies from the official records for various non-compliances as part of its continuing fight against the black money menace
The World Bank has projected that the Indian economy would grow to 7.3% in 2018-19 and 7.5% in the medium term on the back of revival of private investment...
