Former RBI governor Bimal Jalan talks about the 1997 Asian financial crisis, underlines the need to decentralise power, says currency should not be seen as strong or weak, adds that while there is consensus that demonetisatio
While bank loan growth has improved to 14% y-o-y in Q2FY19, from 7% in Q2FY18, going ahead, it could slow down to less than 10% as mutual funds (MFs) find it hard to finance housing finance companies and NBFCs
Diwali may be lacklustre this year for Gujarat’s textile and garment manufacturers as the pre-festival business has gone down by about 40-50% on account of lower purchasing power, disturbed payment systems and weak expo
India's millionaire club added 7,300 in the year through mid-2018, driving up its total number of dollar-millionaires to 3,43,000, with 1,500 of them holding wealth over $100 million each, according to a Credit Suisse report.
Lenders to the bankrupt Bhushan Power and Steel are understood to have backed the revised offer of Sajjan Jindal-led JSW Steel, which means that rival Tata Steel and UK’s Liberty House have lost out in the race to acquire t
A day after Total SA’s chairman and chief executive officer Patrick Pouyanne said the company is eyeing to enter various energy segments in India, the French hydrocarbon major on Wednesday announced that it has tied up