Business - Page 302

Mumbai: The gross non-performing assets (GNPAs), or bad loans, ratio in the Indian banking system is likely to rise from 11.6 percent in March 2018 to 12.2 percent by the end of…

Washington: Ahead of next week’s maiden 2+2 dialogue with India, US President Donald Trump on June 27 accused New Delhi of charging as high as 100 per cent tariff on import of…

Mumbai: The China-backed Asian Infrastructure Investment Bank (AIIB) should increase lending tenfold within two years to help the region meet its investment needs faster, Prime Minister Narendra Modi said at the third…

New Delhi: Insurance behemoth LIC is looking to enter the banking space by acquiring majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender’s stressed…

New Delhi:The Centre has decided to discontinue overtime allowance given to its employees except operational staff, according to an order issued by the Personnel Ministry. The move follows a recommendation of the…

New Delhi:Nirav Modi group’s exposure was not limited to only PNB’s Brady House branch in Mumbai, as the firms had availed loan facility from its Hong Kong and Dubai branches too, according…

New Delhi: Come March and users may find it difficult to retain their number while porting out from one telecom network to the other, as per media reports. A report in the…

New Delhi:The Centre has decided to simplify the process of granting additional borrowing limits to the states. The Finance Ministry said it would process each proposal along with the complete information independently…

New Delhi:With Abu Dhabi National Oil Company (ADNOC) joining Saudi Aramco as a strategic partner in the Rs 3-lakh crore Ratnagiri mega refinery project in Maharashtra, it will be the single largest…

New Delhi: Jet Airways Ltd said it has agreed with Boeing Co to purchase 75 of its 737 MAX aircraft, as the Indian carrier expands to meet domestic passenger demand in the…