Ordinance gives RBI powers to deal with NPAs
The reserves had gone up $1.250 billion to $371.14 billion in the previous week
Lower crude prices benefit firms as jet fuel constitutes over 40% of airline's operating costs
The interest from the public was despite SEBI restrictions that mandated a minimum application size of ?10 lakh
Capital gains to be computed on fair value and not book value
Listing premium of 33 per cent has narrowed down to 23 per cent
6.26 lakh SIP folios added in FY17, reveals AMFI data
The market for CTC dust opened ?7 to ?12 lower on Friday. The fallback in price accelerated, and towards the close of trading, significant withdrawals were noticed due to a lack of bids. Leading b...
The downtrend in the prices of pulses and pulse seeds continued in Indore mandis, with arrivals outstripping demand. The sluggish trend in masur and its dal continued on weak physical demand. Masu...
Spot rubber ended sharply lower as Asian markets lost further ground on Friday. RSS 4 slipped to ?133.00(137.50) per kg . The grade fell sharply to ?134.00 (138.00) and ?131.00 (135.00) per kg, respe
A sudden spurt in supply on Friday pounded spot pepper prices further. On the terminal market, 43 tonnes of pepper from Wayanad and the high ranges were traded at ?540-552 a kg, market sources told B
A massive fall in local equities amid heightened global volatility took its toll on the currency market on Friday, with the rupee plunging 20 paise to end at a fresh two-week low of 64.38 against the
GE Power India has informed the exchanges that GE Energy Europe BV (GEEE B.V.) on May 2, sold its entire shareholding (13,789 shares) in the company to another promoter, Alstom Finance BV (presently
The board of directors of India Cements Capital on Friday decided to surrender to the Reserve Bank of India, the certificate of registration as a non-banking finance company not accepting public depo
Avenue Supermarts will announce its financial performance for the quarter and financial year ended March 31, 2017 on Saturday for the first time post listing. The operator of D-Mart retail chain made
Over two dozen companies will announce their results for the quarter and financial year ended March 2017 during Saturday to Monday. Among these are Ashima, Accel Frontline, Gati, Gillette India, IFG.
Prabhudas LilladherHDFC (Accumulate)CMP: ?1,546.50Target: ?1,690Housing Development Finance Corporation’s 4QFY17 net income was a slight beat on estimates at ?2,040 crore (PL estimate: ?1,990 crore).
On a day when the government vested more power to the Reserve Bank of India (RBI) in the war against bad debt, the central bank imposed a corrective action plan (CAP) on a wide range of restructurings
The foreign exchange reserves rose by USD 1.594 billion to touch a life-time high of Rs 372.73 billion in the week to April 28, supported by increase in the foreign currency assets, the Reserve Bank
Decisions agreed upon by 50% of creditors by number in JLF is basis for deciding cap
Usha Ananthasubramanian has been moved out of PNB to Allahabad Bank as its new MD and CEO
Australian authority revises protocol to allow Indian irradiated mango, okays two treatment units
The slump in commodity prices triggered risk-off sentiment among global investors hitting equity markets and pushing up demand for safe haven assets like gold. Most Asian and European markets dropped
India#39;s crude steel production increased 5.4 percent to 8.107 million tonnes (MT) in April, from 7.69 MT during the same month last year, according to an official data released today.
The ordinance announced on Friday lacks adequate substance and can be considered as incrementalism at best.
Indiaâ??s banks have been beset with non-performing assets (NPAs), loans that have turned bad. The total NPAs at the end of December 31, 2016 is estimated to have crossed Rs 7 lakh crore.
After Bureau of Indian Standard (BIS) making it compulsory for Indian dore goldrefiners to get BIS certificate and hence regulating manufacturing side of thebusiness, bullion industry is taking initia
The initial offering of IRB infrastructure investment trust (Invit), India's first such offering, has garnered positive response from the investors. The issue was oversubscribed 8.5 times with strong
The country's maiden offering of infrastructure investment trust (Invit) garnered encouraging response, opening a new capital raising avenue for infrastructure and real estate companies. The Rs 5,000-
While many are congratulating the government on the new ordinance on bad loans, the Supreme Court has raised concerns over it.
Watch the interview of Sanjeev Sanyal Principal Economic Adviser with CNBC-TV18#39;s Ritu Singh, Shereen Bhan and Prashant Nair where he discussed the new Banking Regulation (Amendment) Ordinance 20
Watch experts discuss the implications of the new Banking Regulation (Amendment) Ordinance 2017 through which the government hopes to resolve the NPA menace.
NCDs are loan-linked bonds that cannot be converted into stock
A buoyant debt market will ensure that aggregate credit demand grows 12 percent in fiscal 2018 even though bank credit is seen only growing by 7-8 percent in the year, said a report.