Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the RBI will issue a new circular on non-performing assets (NPAs) in three to four days. The circular is likely to set new norms and bring clarity over classification of companies as NPAs. ...
After the Delhi High Court restrained ASUS from using "ZEN", "ZENFONE" and other similar trademarks while selling mobile phones and other products eight weeks after May 28, the Taiwan-based electronics major said that the sale of its existing products remains unchanged....
A Delhi court on Thursday reserved its order on a petition filed by Vinay Kochhar, co-accused in the Indian Railway Catering and Tourism Corporation (IRCTC) hotels maintenance contract case case, seeking the court's permission to travel abroad. The court said it will deliver the order on Friday....
Home and auto loans are set to become cheaper as the Reserve Bank of India (RBI) went for a hat-trick of rate cut on Thursday as it lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent. This is the the third reduction in repo rate in 2019. The RBI in April lowered ...
Disappointment over a lower-than-expected lending rate cut by the Reserve Bank of India (RBI) dragged the key indices of the Indian equity market down during Thursday's afternoon session. According to market observers, investors were also rattled by another default ...
Amid reluctance by banks to pass on the benefits of lower lending rate, RBI Governor Shaktikanta Das on Thursday said that the central bank would make sure that transmission of reduced repo rate would be faster and higher. The central bank has cut the repo rate by 0.25 per cent, the third in a row in ...
In what may cause disruption in Nepal's telecom sector, the country's billionaire group CG Corp is all set to launch a "game-changer" new-age digital services with an aim of transforming the country's digital platform by offering data at very affordable rates....
Gold futures on the COMEX division of the New York Mercantile Exchange closed higher on Wednesday, which has been the sixth climb in a row. ...
With the Ministry of Corporate Affairs now running point on the IL&FS case, as the tip of the spear, its investigations are revealing hitherto hidden facts which tell you how the Ravi Parthasarthy-led gild ran the shadow bank into the ground....
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India's economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period....
