Banking & Finance News

India Inc eyes Rs 2 lakh cr from assets to tide over stress

India Inc eyes Rs 2 lakh cr from assets to tide over stress

With bankers forcing companies to sell non-core assets to tide over bad debts, the economic research wing of SBI today said it expects asset sales of up to Rs 2 trillion by Indian Industry as part of the clean-up process.

Indian Rupee snaps 9-day losing run, recoups 20 paise vs US dollar
Indian Rupee snaps 9-day losing run, recoups 20 paise vs US dollar

Reversing its nine-day losing trend, the rupee today recovered 20 paise to 67.55 against the US dollar in early trade on fresh selling of the American currency by exporters and banks amid a higher opening in the domestic stock markets.

Horoscope: By Peter Vidal

Today ( 26 May )This Week ( 22 May - 28 May )

SAGITTARIUS There should be a welcome absence of tension from most of today's personal proceedings, although excitement could boil over into animated arguments and disputes. These are lively times and you're a force to be reckoned with, as… read more