Economic Times
Bankers have said the norms be subsumed within new provisioning rules that will require lenders to pre-empt assessment on potential losses. “RBI is
Rare Asset Reconstruction Company is acquiring SBI's claims from personal guarantees by Nikhil and Bhavesh Gandhi. The guarantees were issued for loan
Kotak Alternate Asset Managers has announced a Rs 1,445 crore investment in the acquisition of Viatris' active pharmaceutical ingredient (API) busines
Society of Indian Automobile Manufacturers (Siam) has requested a reduction in GST rates on two-wheelers in India. They proposed different slabs for d
The Ministry of Information and Broadcasting meeting with advertising and media bodies ended in a stalemate over the implementation of the self-declar
Vineet Agrawal, CEO of Wipro Consumer Care and Lighting, noted positive signs of growth in rural demand and anticipates a recovery in the hinterland b
Gold prices fell by 4.5% in three weeks, boosting consumer sentiment. Mumbai's Zaveri Bazaar, Asia's largest gold market, saw increased activity at je
Newly appointed union power minister Manohar Lal took stock of capacity addition in transmission, generation, and battery energy storage. He reviewed
In a notification, the Directorate General of Foreign Trade (DGFT) brought gold jewellery studded with pearls, diamonds and precious & semi-precious s
Kotak Alternate Asset Managers Ltd invested Rs 1,445 crore in Matrix Pharma for acquiring Vaitris' API business, making Matrix the 2nd largest Indian
Senior officials from the Commerce and Industry Ministry, Walmart group firm Flipkart, and domestic toy makers will discuss ways to enhance India's po
Senior BJP leader Pralhad Joshi, the Union Minister for New and Renewable Energy, emphasized the government's commitment to increasing clean energy co
The introduction of new nameplates is expected to boost volumes and operating leverage and revenues across PV and EV, bumping up realisations at the p
COAI appointed Abhijit Kishore as chairperson and Rahul Vatts as vice chairperson. Kishore succeeds Pramod K Mittal. Scindia took charge as telecom mi
Apple and Google are set to release major software updates this fall, focusing on reinventing smartphones with artificial intelligence. Apple announce
Raw mangoes are a summer essential. They cool the body, boost immunity with vitamins, aid digestion, maintain electrolyte balance, and enhance metabol
Wadhwani Foundation partners with AICTE, IITs (Delhi, Bombay, Kanpur, Hyderabad), IISc Bangalore, and C-CAMP to establish WIN-COEs for commercializing
Indian Oil Minister Hardeep Singh Puri announced Bharat Petroleum Corp's plan to build a new refinery. The nation aims to sign more oil import deals w
Passenger vehicle dispatches increased by 3.9% in May, setting a new record. Three-wheeler sales surged by 14.7%. Two-wheelers grew by 10.1%. The indu
India Ratings and Research (Ind-Ra) forecasts a 9-12% growth in steel demand for the ongoing 2024-25 fiscal year, driven by end-user industries like a
