Himadri Ghosh

Articles by Himadri Ghosh

Email : editor@ibtimes.co.in

Idea-Vodafone to sell tower business to ATC for Rs 7,850 crore

The telcos had announced their merger in March and post-merger, it will be the largest mobile operator in the country in terms of user base.

Nov 13, 2017

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

RBI not to pursue proposal to introduce Islamic banking in India

Islamic or Sharia banking is a system of finance in which interest is not charged.

Nov 12, 2017

Air India gets Rs 1,500-cr loan from Bank of India for working capital requirement

The disinvestment-bound national airline is facing some serious headwinds with only IndiGo showing interest in buying the international business of the carrier that has a huge debt in its book and also roadblocks in selling non-core assets.

Nov 12, 2017

amitabh kant, niti aayog ceo amitabh kant, digital india, indian economy, cashless transactions

Debit, credit cards, ATMs will be redundant in next 4 years: Niti Aayog CEO Amitabh Kant

India is the only country in the world with billion biometrics and as many mobile phones and bank accounts and therefore, in future, it will be the only nation which will make a lot of disruptions.

Nov 12, 2017

SBI Q2 net profit drops 37% to Rs 1,581.5 crore due to higher provisions

The bank's asset quality improved on sequential basis post decline in fresh slippages in the second quarter. Gross non-performing assets (NPAs) were narrowed at 9.83 percent in Q2 against 9.97 percent in Q1.

Nov 10, 2017

GST Council lowers rates on several items in 28% slab to 18%; revenue loss of Rs 20,000 crore expected

Items such as chocolate, chewing gum, aftershave, beauty products, powder, detergent and marble was lowered to 18 percent.

Nov 10, 2017

China to allow foreign players to hold majority stake in finance sector

Previously the investment from foreign players in this sector was capped at 25 percent. Market experts said that the announcement was good news for foreign banks.

Nov 10, 2017

opec oil crude oil saudi arabia meeting november 30 output production cap india importer algeria iraq qatar russia non-opec cartel price brent nyse nymex

Upward move of crude oil price could hurt Modi's future moves

According to the Reserve Bank of India (RBI) estimates, if oil price hits high or even stays at the current level of $65 per barrel in the year through March, inflation could rise by 30 basis points.

Nov 10, 2017

Tata Motors Q2 profit jumps three-fold to Rs 2,483 crore

However, on a standalone basis (domestic business), the company made a loss of Rs 266 crore for the quarter on review.

Nov 9, 2017

PayPal valued at about $52bn in market return

Expect fireworks in digital wallet space: PayPal starts payment services in India

The firm has not yet decided on the launch of it payment wallet in India. In future, it is willing to offer other products like working capital to micro, small and medium enterprises (MSMEs) and consumer credit.

Nov 9, 2017

Demonetisation: Here's why RBI has been forced to order 5-year low indent for printing currency notes

The pile-up of old Rs 500 and Rs 1,000 notes, returned after demonetisation, have blocked most of the space in RBI vaults and currency chests.

Nov 9, 2017

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Demonetisation anniversary: The 'watershed moment' for Paytm and how m-wallet firm struck gold overnight

The firm reported a 200 percent increase in downloads and a 10-fold spike in the addition of money in the wallet right on the night of demonetisation.

Nov 8, 2017

Bharti Airtel shares fall highest in 8 months as Qatari investor plans to sell 5% stake

The stake sale comes at a time when most Qatari firms including its sovereign wealth fund, are winding up their foreign portfolios by selling their stakes in foreign companies.

Nov 8, 2017

gst rates, gst rate finalisation, gst on cars, gst on food items, gst exempt on, gst on services, arun jaitley, gst council meeting at srinagar

DeMo: Nov 8, 2016 will be remembered as a watershed moment in history of Indian economy, says Arun Jaitley [READ FULL TEXT]

Jaitley also claimed that demonetisation had helped in reducing stone pelting incidents in Kashmir and curbing Naxal activities as the 'miscreants have run out of cash'.

Nov 7, 2017

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Articles by Himadri Ghosh

Idea-Vodafone to sell tower business to ATC for Rs 7,850 crore

RBI not to pursue proposal to introduce Islamic banking in India

Air India gets Rs 1,500-cr loan from Bank of India for working capital requirement

Debit, credit cards, ATMs will be redundant in next 4 years: Niti Aayog CEO Amitabh Kant

SBI Q2 net profit drops 37% to Rs 1,581.5 crore due to higher provisions

GST Council lowers rates on several items in 28% slab to 18%; revenue loss of Rs 20,000 crore expected

China to allow foreign players to hold majority stake in finance sector

Upward move of crude oil price could hurt Modi's future moves

Tata Motors Q2 profit jumps three-fold to Rs 2,483 crore

Expect fireworks in digital wallet space: PayPal starts payment services in India

Demonetisation: Here's why RBI has been forced to order 5-year low indent for printing currency notes

Demonetisation anniversary: The 'watershed moment' for Paytm and how m-wallet firm struck gold overnight

Bharti Airtel shares fall highest in 8 months as Qatari investor plans to sell 5% stake

DeMo: Nov 8, 2016 will be remembered as a watershed moment in history of Indian economy, says Arun Jaitley [READ FULL TEXT]

Satya Nadella India visit: Ola teams up with Microsoft to build a connected vehicle platform

Paytm integrates BHIM UPI app on its platform, targets 200 million monthly users

Indian govt holds talks with UK administration on Vijay Mallya extradition

NBFCs on an aggressive course, eat into banks' market share: BCG report

SEBI to investigate Indian firms named in Paradise Papers

Flipkart launches grocery category 'Supermart' in Bengaluru

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'