Economic Times

State Bank of India classified MTNL's loan accounts as sub-standard non-performing assets due to non-payment since June 30. With a total outstanding o
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The Reserve Bank of India introduces draft guidelines to prevent banks from leveraging group entities to sidestep restrictive norms. Banks are restric
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South Seas Distilleries has launched the world's first matured Mahua spirits, the Six Brothers 1922 Resurrection and Six Brothers Small Batch (Origina
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Adani Wilmar achieved a 10% volume growth in Q2, with Food and FMCG volumes increasing by 31%. The company expanded its distribution network to 36,000
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India's central bank mandates that group entities of banks cannot bypass parent guidelines for restricted business activities. Banks need RBI's prior
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The EU will introduce tariffs on China-made electric vehicles, despite Germany's objections. The tariffs will range up to 45% and will last for five y
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Several private sector banks in India saw deposit growth outpace credit growth in the September quarter. HDFC Bank, Yes Bank, and CSB Bank reported no
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Lodha, listed as Macrotech Developers, achieved its highest-ever quarterly pre-sales of Rs 4,290 crore, marking a 21% growth from last year. This boos
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Mumbai Airport will close flight operations for six hours on October 17 to perform post-Monsoon maintenance on two cross runways. This closure is part
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GAIL and AM Green have agreed to jointly set up 2.5 GW of renewable energy projects in India. They will also explore using CO2 from GAIL's gas plants
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Union Home and Cooperation Minister Amit Shah urges ADC Bank to take on health, nutrition, and education services in Ahmedabad district, with support
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HDFC Bank, India’s largest private lender, added over Rs 1.2 lakh crore in deposits in the September quarter, growing its deposit base by 15.1% to R
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SolarfiX India has partnered with Japan's Kanemasa to build 10 GW solar module capacity in India by 2030. The project will be implemented in phases ac
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Moody’s Ratings forecasts ongoing growth for private credit markets in the Asia-Pacific region, propelled by rising financing needs in major economi
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State-owned Power Finance Corporation (PFC) has secured the largest-ever foreign currency term loan of USD 1.265 billion from banks in IFSC GIFT City,
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Lava International aims to capture 10 per cent market share in the Rs 20,000-25,000 smartphone segment with Agni 3. Priced between Rs 19,999 and Rs 22
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YRF Talent has named Kanupriya the Head of Talent Film Strategy. Kanupriya, with over 15 years of industry experience, will lead film strategy and par
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Union minister Ashwini Vaishnaw stated that there is no plan to privatise the railways and emphasized the focus on affordable services. He highlighted
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Balrampur Chini Mills Limited plans to finalise an investment of Rs 2,000 crore for India's first industrial PLA bioplastic manufacturing plant. This
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The Supreme Court dismissed petitions to review a ruling that ‘royalty’ paid by mining operators is not a tax. This decision, upheld by an 8-to-1
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