The State Bank of India's net profit dropped 34.56 per cent for the quarter ended September 30 to £ 253.80 million, as a provision for loan loss doubled to £767 million.
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23rd Dec 2024 | Updated at 07:12pm 23rd 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 Indian finance ministry has proposed February 1, as the new date to present the annual budget, adding a little update that it plans to mandate the...
Besides tweaking rules for several areas of the real estate sector, following a series of liberalisation efforts earlier this year, the Indian government...
In what is the biggest buyout by an Indian company in Europe, Ahmedabad-based Intas Pharmaceutical Ltd acquired the generics business of Actavis in the...
A World Bank research finds that automation threatens 69 per cent of the jobs in India and 77 per cent in China.
India climbed 16 places in the World Economic Forum's 2016-17 Global Competitiveness Index, emerging as the highest rising economy
The Modi government on Monday approved the setting up of a GST Council, which will decide the rate of tax under the new Goods and Services Tax (GST) regime,...
India has filed a complaint at the World Trade Organization's dispute settlement system against eight US states for providing subsidy in renewable energy sector.
India's annual retail inflation eased by 100 basis points to 5.05 per cent in August, but factory output again dipped to a negative growth of (-)2.4 per...
RBI Governor Raghuram Rajan said he was open to staying a bit longer to complete the unfinished work of bank clean up, but is perfectly happy to go.
