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Santro begins 2nd innings with eye on small towns

The new Santro competes with Maruti Suzuki's WagonR, Tata Tiago and Maruti Suzuki’s Celerio in the mid-compact segment.

Industry News

RBI-Govt turf war: Finmin ups ante on central bank governance structures

Subhash Chandra Garg said that there is a need to ensure RBI is more responsive and transparent in the manner other regulators are.

Economy News

Thailand’s Minor International eyes majority stake in Hotel Leela for $350 million

Hotel Leelaventure runs a chain of hotels and resorts, with nine properties it owns or manages across India.

Industry News

Bharat Bandh: Vodafone Idea, Airtel to switch off 200 million users soon

These 250 million subscribers are dual SIM users, meaning that they have two mobile connections and use the lower recharge for only incoming calls.

Industry News

Discoms’ dilemma: UDAY fades as Saubhagya shines

Power minister RK Singh has proposed in the new tariff policy under which AT&C losses above 15% won’t be compensated through tariffs after FY19.

Economy News

Tata Capital Healthcare Fund II looks to raise $200 million

Tata Capital has launched its second healthcare fund — Tata Capital Healthcare Fund II — and hopes to raise up to $200 million from both domestic and overseas investors.

Industry News

Data Protection Bill: EU cations India against stressing on mandatory local storage

The European Union has suggested that the Indian government, which is in the process of making a data protection law, should not stress on data localisation as apart from being unnecessary and potenti

data protection law, Electronics and IT Secretary, GDPR, Justice Srikrishna panel, data privacy News

Rs 80,000 crore commercial paper of NBFCs rolled over in Nov

With close to Rs 80,000 crore worth of commercial paper (CP), issued by NBFCs (non-banking financial companies), estimated to have been rolled over or redeemed in November so far, the money markets ar

Industry News

Bleeding Airlines seek credit from oilcos, airports

Airlines are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival.

Economy News

PSU Banks: Government plans no cut in Rs 65,000 crore infusion

The government is unlikely to trim its planned Rs 65,000-crore infusion into public sector banks (PSBs) this fiscal, despite the central bank board’s move on Monday to defer the complete rollout of

Banking & Finance News

Market watch: US stocks stable after Tuesday’s tech rout, Asian equities slip

Investor sentiment, however, remains susceptible to the volatility that has rocked markets since October.

stock markets, us stock markets, global stock markets, economy News

Not all PCA banks may benefit from RBI review

A central bank panel under governor Urjit Patel could next month revisit its corrective regime framework for weak banks that don’t have international operations.

RBI Monetary Policy, Bank base rates, MCLR, MCLR system, RBI, Reserve Bank of India  News

Low kharif prices delay winter sowing of pulses, cereals

A big drop in prices of coarse cereals and pulses in the kharif season — the mandi prices are ruling much below the respective minimum support prices (see chart) — have apparently made the farmers

farmers, farmers sector, farmers industry, niti aayog News

Off-NCLT deals: Two power projects get lease of life

While the attempts by lenders and promoters to find resolution of some stressed power assets outside the ambit of the National Company Law Tribunal (NCLT) have largely been foiled by non-consenting mi

nclt, chennai News

Jet Airways faces hard bargain as aircraft leases come up for renewal

With payments due on November 24, cash-strapped Jet Airways will have to bargain hard with lessors as it renew leases for narrow-bodied aircraft.

Industry News

Farm loan waivers lead to fewer crop insurance policies

Implementation of farm loan waivers by various state governments has led to a sharp decline in both the number of insurance policies and the farm area insured under the Pradhan Mantri Fasal Bima Yojan

farm loan, Pradhan Mantri Fasal Bima Yojana, PMGBY, loan waiver, farmers loan News

RBI-Govt truce: Easier norms free up Rs 35,000 crore capital, allow Rs 3.5 lakh crore loans

The Reserve Bank of India’s (RBI) decision to extend the timeline for the implementation of the capital conservation buffer (CCB) norm by a year to March 2020 could reduce banks’ capital requireme

RBI Monetary Policy, Bank base rates, MCLR, MCLR system, RBI, Reserve Bank of India  News

MSP impact! Rice exports may fall in FY19 for the 1st time in 3 years

Rice exports from India, the world’s largest producer of the cereal, may decline for the first time in three years in 2018-19 owing to a 13% hike in minimum support price for paddy (kharif 2018) and

rice in india, rice growing states, rice exports, commodities, kharif crop News

Ultratech seals win: SC dismisses Dalmia petition on Binani

Notes no infirmity in NCLAT order which allowed the Aditya Birla group firm’s Rs 7,950.34-cr bid.

ultra tech cement new plant, ultra tech cement pali plant, ultra tech cement growth News

Marathon RBI Board Meet: Modi government, Reserve Bank of India smoke peace pipe

‘Surplus transfer’ policy under review, small relief for banks on capital adequacy, MSME package soon.

RBI Monetary Policy, Bank base rates, MCLR, MCLR system, RBI, Reserve Bank of India  News

India Inc profit forecasts cut on weak Q2 results; these two blue-chip firms take the biggest hit

While earnings growth may rebound in the next two years, much of the incremental growth will come from banks.

npa, india inc, india economy, banking sector News

Car sales in slow lane, fall behind Indians’ income growth

The notion is that India’s tax data hardly match the ostentatious consumption being witnessed in several pockets of the country, especially the urban centres.

cars, automobile sector, automobile industry News

SpiceJet turnaround comes apart as oil prices rise

While SpiceJet’s managing director Ajay Singh has been credited with turning around SpiceJet, which he took over from the Marans in January 2015, the September quarter has been one of the worst for

spicejet, aviation sector, aviation industry News

Air Conditioners to burn up your electricity bill by 2030

Electricity consumption forecasts reveal air conditioning to have larger share; new loads as EVs, cooking appliances to rise.

power sector, power industry, air conditioners, acs, power consumption News

Ajay Bhushan Pandey to be new Revenue Secretary; Hasmukh Adhia to retire on November 30

Ajay Bhushan Pandey, a 1984-batch IAS officer of Maharashtra cadre, will succeed Hasmukh Adhia as revenue secretary in the finance ministry after the latter retires at the end of the month. Pandey is

Ajay Bhushan Pandey, Hasmukh Adhia News

NHAI to raise Rs 4,000 crore via masala bond to fund construction of highways

Move part of Rs 62,000-crore debt raising for current fiscal to fund construction of highways.

nhai, highway sector, highway industry, economy News

Note ban highly ethical, not political, asserts Arun Jaitley

FM Arun Jaitley and MP CM Shivraj Singh Chouhan in Bhopal.

arun jaitley, shivraj singh chouhan, madhya pradesh, demonetisation News
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