Search Results for: economic reform

Can India tide over economic crisis that may be worse than the 2008 recession?

Goldman Sachs believes the liquidity issue that NBFCs fuelled is only part of the story as the consumption fall is responsible for a third of the overall slump that began snowballing from January 2018.

Oct 18, 2019

The Air India plane flying the inaugural trip from Lucknow,

Government agrees to repay half of Air India's debt to attract buyers

The Centre may go for the complete exit from Air India along with cutting down working capital and allowing future owners to fire employees a year after divestment.

Oct 18, 2019

How will the Brexit deal affect large Indian corporate investors in the UK?

Tata Group is happy that the Brexit deal removes some uncertainty while many others are yet to decide and remain tight-lipped as they assess the situation

Oct 18, 2019

DHFL reports $29 million loss in June quarter; company under financial stress

One of India's biggest housing finance companies, DHFL posted a net loss of 2.06 billion rupees during the quarter compared with a profit of 4.35 billion rupees.

Oct 18, 2019

Home sales decline 25% in July-September: Report

A comparison of numbers between the first half of FY19 and FY20 also showed that home sales and new launches moved downwards.

Oct 18, 2019

Sitharaman's economic revival plan goes for a toss, slowest credit growth in last two years

The data shows that although retail lending activities have increased, lenders are taking a much cautious approach on some consumer loans.

Oct 17, 2019

Air India Airbus A320 passenger aircraft.

Air India divestment: Permission to retrench staff may clinch deal in second bid

The Modi government may get second time lucky with the offer made sweeter with 100% stake sale and permission to retrench staff under voluntary retirement scheme norms

Oct 17, 2019

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Sensex, Nifty nearly flat; metal stocks drag

Investors in India hoped that the government's corporate tax cut last month would give a fillip to companies' September-quarter earnings.

Oct 17, 2019

PMC bank scam: ED identifies more assets of HDIL promoters, directors

The development comes a day after the probe agency revealed that Patel, as the then Union Minister of Heavy Industry, was a frequent flier on Wadhawans' luxury private jet Bombardier Challenger 300.

Oct 17, 2019

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Uber sacks 350 employees globally, less than 10% based in India

As the company faces stiff competition from home-grown ride-hailing service Ola, it is injecting huge investment, making cost-cutting a target.

Oct 17, 2019

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Finance Minister Sitharaman says India cannot sacrifice 'economic strength' and strategic interests to comply with US sanctions.

Oct 16, 2019

Even after growth rate cut to 6.1%, Indian economy remains 'very strong': IMF

India and China with their projected growth rate of 6.1 percent for the current year share the top rank among major economies.

Oct 16, 2019

Friendship with Gardi could prove most damaging of all Naresh Goyal's dealings

Dubai-based Gardi is being probed along with Goyals for various alleged violations; ED is looking into likely offences under foreign exchange regulations by Gardi.

Oct 15, 2019

Explained: Why Turkey is attacking Kurdish people in Syria?

Turkey has launched Operation Peace Spring against Kurdish people in Northern Syria after the US pulled out its forces from the border region.

Oct 15, 2019

Amid losses, Paytm in talks with T Rowe Price for $1 billion funding

Paytm has been scouting for investors and shore up funds since the beginning of the year amid increasing loss and competition in the digital payments segment posed by Google Pay and Walmart-owned PhonePe.

Oct 15, 2019

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Search Results for: economic reform

Can India tide over economic crisis that may be worse than the 2008 recession?

Government agrees to repay half of Air India's debt to attract buyers

How will the Brexit deal affect large Indian corporate investors in the UK?

DHFL reports $29 million loss in June quarter; company under financial stress

Home sales decline 25% in July-September: Report

Sitharaman's economic revival plan goes for a toss, slowest credit growth in last two years

Air India divestment: Permission to retrench staff may clinch deal in second bid

Sensex, Nifty nearly flat; metal stocks drag

PMC bank scam: ED identifies more assets of HDIL promoters, directors

Uber sacks 350 employees globally, less than 10% based in India

Can India defy US pressure and continue trade ties with Venezuela, Russia?

Even after growth rate cut to 6.1%, Indian economy remains 'very strong': IMF

Friendship with Gardi could prove most damaging of all Naresh Goyal's dealings

Explained: Why Turkey is attacking Kurdish people in Syria?

Amid losses, Paytm in talks with T Rowe Price for $1 billion funding

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]