Govt decides to pump money into bad banks to give a boost to the economy in trouble
Investors of small finance banks have had it rough so far in FY22 as the pandemic bruised balance sheets Our BureauNew Delhi In a…
BUSINESS
India’s GDP growth of 20% in the first quarter of FY22 may not be good enough
Unemployment in August rose to 8.32% from a four-month low of 6.95% in July, data from private research firm Centre for Monitoring Indian Economy (CMIE)…
End of hope for India-US trade deal as Biden administration shows little interest
India is in “positive momentum” with respect to signing trade deals with the UK, Australia, Canada, Bangladesh, the EU and Gulf Cooperation Council nations Our…
Govt urges industry to boost investment for growth amid commitment to more reforms
Finance Minister Nirmala Sitharaman says government will complete the sale of Air-India and BPCL soon Our BureauNew Delhi The government is committed to doing…
Big victory for Amazon in its e-tailing tussle with Reliance Retail
Future Retail is expected to file a review petition against the order pronounced by the Supreme Court and an appeal under the Arbitration Act Our…
Govt and RBI give relief to customers as banks faces stress during tough time
Reserve Bank of India imposes a penalty of Rs 5 crore on Axis Bank for contravention of certain provisions of directions including on cybersecurity framework…
Is the economy in crisis with rising fuel prices and shooting inflation?
S&P Global Ratings on Tuesday affirms India’s sovereign rating at the lowest investment grade of ‘BBB-‘ Our BureauNew Delhi The surge in fuel prices…
All eyes on India’s war with Twitter as new minister for Information Tech takes charge
Ashwini Vaishnaw, the first time Minister has an MBA from Wharton School, Pennysylvania University, and MTech from IIT Kanpur Our BureauNew Delhi The law…
Will the Govt plan to boost tourism work?
Jammu & Kashmir and Goa welcome the move; Haryana working on the Krishna Circuit Our BureauNew Delhi The Centre on Monday announced Credit Guarantee…
India at crossroads: Sharpest contraction of economy by 7.3% or booming economy?
Covid 2.0’s impact on the economy in the current financial year will be felt more through loss of demand impulse than supply-side disruptions Our BureauNew…