Business- Page 103

New Delhi: Corporate India is facing increasing borrowing costs given the rise in bank lending rates, potentially dampening industrial production and revival in domestic demand going forward, says a report. According to

Mumbai :In a development that takes it closer to averting bankruptcy proceedings, Reliance Communications (RCom) has secured approval of its overseas bondholders for the revised terms. The Anil Ambani-owned company had defaulted

New Delhi: Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government needs to take care of the widening current account deficit

New Delhi: Gold prices today rose by Rs 250 to Rs 30,900 per 10 grams at the bullion market on brisk buying by local jewellers and firm trend overseas. Silver followed suit

New Delhi: The ED again questioned former Finance Minister P Chidambaram in the Aircel-Maxis money laundering case, officials said. Official sources said Chidambaram’s statement will be recorded under the Prevention of Money

New Delhi :The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices,

Kolkata: Group economic advisor of the State Bank of India (SBI), Soumya Kanti Ghosh said that any sudden appreciation or depreciation of the rupee was not good as it adds volatility in

Mumbai :Budget carrier IndiGo, which has been grappling with Pratt and Whitney engine issue, said some of its Airbus A320 Neo aircraft have been grounded “proactively” due to “non-availability” of spare engines

Mumbai ;From Mercedes-Benz AG to Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world’s fastest-growing major economy is well-entrenched. After

New Delhi:India’s current account deficit (CAD) will widen to 2.5 per cent of the GDP in the current fiscal due to higher oil prices that has been accentuated by rupee depreciation, Moody’s