Business- Page 34

Mumbai: Around Rs 3.5 trillion or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of them may become dud assets

New Delhi: Among all the chaos regarding the deficit, economist Sajjid Chinoy has drawn attention to the elephant in the room. This is a sharp unhealthy spike in the government’s off-budgetary borrowings

New Delhi: The income tax e-returns filed for the April-January period has risen over 37 percent against the corresponding period in FY18. While over 6.3 crore taxpayers filed returns in the initial

New Delhi: US retail major Walmart, which invested USD 16 billion in Flipkart, said it is committed to the Indian market and is optimistic despite recent changes in the FDI policy for

New Delhi: Mutual fund houses made investment of over Rs 7,000 crore in domestic equities in January, even as foreign investors pulled out a massive Rs 5,200 crore. The sell-off by foreign

New Delhi : Emphasising that the government is on course to achieve its target of distributing 8 crore cooking gas connections under its flagship Pradhan Mantri Ujjwala Yojna (PMUY), Petroleum and Natural

New Delhi: Ahead of the monetary policy review, state-owned Bank of Baroda (BoB)ncreased its lending rates by up to 0.2 percent, a move that will make home, auto and other loans expensive.

Mumbai : Drugmaker Lupin Ltd posted a surprise quarterly loss on Wednesday after taking a one-time charge related to litigation over a blood pressure drug. Lupin made a provision of Rs 342

Mumbai: The Reserve Bank of India is likely to change its monetary policy stance to “neutral” from “calibrated tightening” on Thursday and move closer to a rate cut in April as inflation

Bengaluru: Growth in India’s dominant services sector weakened for a second month in January but firms accelerated hiring despite waning demand, a private survey showed. The Nikkei/IHS Markit Services Purchasing Managers’ Index