Business- Page 50

Mumbai: Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India Ltd, the airline said. The payment of interest and principal instalment

New Delhi: Jet fuel price was cut by a record 14.7 percent on the back of decline in international rates, making it cheaper than both petrol and diesel. The price of Aviation

Mumbai: It is the second session of the new year and the benchmark indices are in a downtrend. The S&P BSE Sensex has slipped below its crucial support placed at 36,000 in

Mumbai: The banking sector is on “course to recovery” as the afflicting non-performing assets recede, but state-run lenders need reforms in governance, Governor Shaktikanta Das said. The weaker ones among the public

New Delhi: Amid bitter stand-off between the RBI and the Centre which led to the exit of governor Urjit Patel earlier this year, the government asserted that it does not need the

New Delhi: India remained ahead of China to retain the tag world’s fastest growing large economy withstanding several ups and downs, spike in oil prices and global trade war like situation during

New Delhi: Growth in the eight core sectors of the economy fell to a 16-month low of 3.5 per cent in November, after it had hit a three-month high of 4.8 per

New Delhi: Over a dozen CPSEs have evinced interest in raising funds through the finance ministry’s maiden debt exchange-traded fund (ETF) to meet part of their capital expenditure needs next fiscal, an

New Delhi: The country’s largest car maker Maruti Suzuki India reported 1.3 per cent decline in sales at 1,28,338 units in December. The company had sold 1,30,066 units in December last year,

New Delhi : The government is set to infuse Rs 28,615 crore into seven public sector banks through recapitalisation bonds in four days to help them meet regulatory capital requirement, official sources