Goods trade deficit ballooned to $46 billion in the June quarter from almost $36 billion in the previous three months, threatening to reverse the benign current account deficit (CAD) level of 0.7% of GDP witnessed in the Marc
FPIs remained net buyers in most part of 2019, having bought shares and local papers worth $13.08 billion so far this year. This compares with last year’s sale of $4.6 billion in equity and $6.7 billion in bonds.
The revised agreement includes certain concessions given by debtors, including release of cash flow from existing accounts to service financial and operational creditors, reduction in debt service coverage ratio requirement,
In a communication to the stock exchanges on Monday, the company stated that its plant situated at Pantnagar will remain closed from July 16 to July 24 (both days inclusive), owning to weak demand and outlook for the industry
The FSR observed that the spike in delinquencies could be a fallout of the exponential growth seen in consumer credit over the last few years. Credit in all four segments grew at a compounded annual rate of above 20% between
Production in four captive coal mines—allocated to Hindalco Industries, Rajasthan Rajya Vidyut Utpadan Nigam (two blocks), Jaiprakash Power Ventures and NTPC — have actually dipped in these two months.
From Jio Prime, not only will these merchants be able to source products cheaper than from normal suppliers and distributors but will also get cash backs and other discounts which would enable them to compete with bigger, org
Jal Shakti Minister Gajendra Singh Shekhawat lays out government plan on revival, reuse of water through traditional water bodies, rainwater harvesting and treatment of sewage water, and calls for more interest from states a