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Search Results for: economic sanctions

International Monetary Fund

India to beat US in global economic growth share by 2024; China to remain at top

India will be among 20 nations dominating global growth in 2024 in nominal terms, IMF data show. Oct 20, 2019
Huawei

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer. Oct 20, 2019
palm oil Malaysia

Malaysia and Turkey may face heat from India for supporting Pakistan

There have been speculations in the market that Indian importers and refiners are moving palm oil purchases from Malaysia to Indonesia. Oct 19, 2019
Joker Movie Joaquin Phoenix

Lebanon Protesters in Beirut are sporting Joker face mask & face painting

The people of Lebanon in Beirut have been protesting against the regime in power to be held accountable for the nation's economic crisis. Oct 19, 2019
International Monetary Fund

IMF praises India's corporate tax cut; calls it positive impact on economy

The funding body went on to say that while this has a positive impact, India should also consider the fiscal consolidation, address it and secure long-term stability of the fiscal conditions. Oct 19, 2019
Goldman Sachs

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
UK and EU strike Brexit deal

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

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
Real estate

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
Reserve Bank of India

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
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

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
enforcement directorate

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
uber ola cabs surge pricing licence karnataka taxi hailing aggregators, uber drivers, ola drivers, uber driver strike

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
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