Search Results for: Economic crisis

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

PMC Bank crisis: After Sanjay Gulati, Fattomal Punjabi dies of cardiac arrest

Mulund resident Fattomal Punjabi, who was an account holder at the disgraced PMC Bank, died of a heart attack.

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

Heartbreaking: Ex- Jet Airways employee who deposited Rs 90 lakh in PMC Bank dies of cardiac arrest

Sanjay Gulati, who had more than Rs 90 lakh deposits in the Oshiwara branch of the PMC Back, died of a heart attack after returning home from a protest outside a court in Mumbai.

Oct 15, 2019

New educational requirement causes massive job losses for Indian nurses in UAE

After the UAE Federal Government made a bachelor's degree in nursing as the minimum educational qualification for registered nurses in the Gulf state, more than 200 nurses have been removed from several hospitals and others have been demoted to the post of a practical nurse from a registered nurse.

Oct 15, 2019

'Indian economy doing very badly': Nobel awardee Abhijit Banerjee

Abhijit Banerjee, who shared the Nobel prize for economics, said that the Indian economy is "doing very badly" even as the government is increasingly recognising that there is a problem.

Oct 15, 2019

After PMC debacle, Centre starts working on stronger framework for co-op banks

One of the RBI officials confirmed that apart from strengthening the framework for oversight of cooperatives, the central bank is also reviewing cap of Rs 25,000 on withdrawals which could be removed soon.

Oct 14, 2019

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Search Results for: Economic crisis

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

PMC Bank crisis: After Sanjay Gulati, Fattomal Punjabi dies of cardiac arrest

Explained: Why Turkey is attacking Kurdish people in Syria?

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

Heartbreaking: Ex- Jet Airways employee who deposited Rs 90 lakh in PMC Bank dies of cardiac arrest

New educational requirement causes massive job losses for Indian nurses in UAE

'Indian economy doing very badly': Nobel awardee Abhijit Banerjee

After PMC debacle, Centre starts working on stronger framework for co-op banks

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]