Business
Deepening Slowdown Sinks India's GDP Growth Rate to 4.5% in Second Quarter, Lowest Since March 2013
Growth figures for the previous quarter had dipped to 5%, to an over six-year low. GVA growth too had fallen to 4.9% in the last quarter as compared with 6.9% in the same period last year.
ICICI Securities Shares Rally Nearly 5% After Company Settles Case With Sebi
On the BSE, the stock opened at Rs 332.25 and gained 4.77 per cent to hit a high of Rs 345.75. Later, it was trading 3.26 per cent up at Rs 340.75. The shares were up by similar margins on the NSE in early trade.
Centre to Release 2nd Quarter GDP Numbers Today Amid Gloomy Predictions. Here is What to Expect
The Gross Value Added (GVA), too, had fallen to 4.9 percent in the last quarter as compared with 6.9 percent in the same period last year.
Jaypee Infra Lenders Ask NBCC, Suraksha to Sweeten Offers, Submit Final Bids by December 3
The Committee of Jaypee Creditors met NBBC and Suraksha representatives for several hours to discuss threadbare their takeover offers, before asking them to further revise the bids.
FSSAI Bats for Nil GST on Packaged Milk Products; Launches Scheme to Verify 1 Lakh Milk Vendors
Under the 'Verified Milk Vendors Scheme', milk vendors can voluntarily register through online registration portal and would be provided photo-identity card and properly calibrated lactometer.
Google Faces Flak for Trying to Crush Efforts to Unionise After 4 Employees Fired
The Google workplace has been disrupted by employee opposition to top-level decisions ranging from making contracts with the military to tailoring a version of the search engine for China and the handling of sexual misconduct allegations.
Seven of Top-10 Companies Lose Rs 76,164 Crore in M-cap; TCS Worst Hit
From the top-10 pack, only Reliance Industries Limited (RIL), HDFC and SBI witnessed gains in their market valuation for the week ended Friday.
India's Urban Unemployment Rate Drops to Over 9.3% in January-March 2019: Govt Data
The Ministry of Statistics and Programme Implementation released its Quarterly Bulletin for the January-March 2019 period, presenting estimates of labour force indicators, for urban areas.
RBI Mulls New Rules on Corporate Governance, Wants Banks to Disclose More
The comments from the top central banker come at a time when the system continues to go through the issues of asset quality, even though the new additions have slowed down.
Tata Motors, Yes Bank, Two Others to Move out of Sensex of December 23
In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE
SSC CGL Registration 2019: Application for Combined Graduate Exam Ends on Nov 25, Apply on ssc.nic.in
All the candidates are requested to keep the required documents handy before applying for SSC CGL 2019 Exam.
RBI Fast-Tracks DHFL Resolution, Appoints 3-Member Panel to Advise Administrator
IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan, and mutual funds' association AMFI's Chief Executive N S Venkatesh would be part of the panel, an official statement s...
RBI Supersedes Board of Debt-ridden DHFL after Several Defaults, Places Firm under Administrator
The bank has appointed R Subramaniakumar, former managing director and chief executive officer of Indian Overseas Bank, as the new administrator of the DHFL with all the powers of the board.
India Appeals Against WTO Panel Ruling on Export Incentive Schemes
A report by the dispute settlement panel found that these schemes were in violation of the WTO agreements for providing prohibited export subsidies.
Govt-owned Banks Reported Frauds of over Rs 95,700 Crore from April to September, FM Tells Rajya Sabha
The statutory inspection of the bank with reference to its position as on March 2019 conducted by RBI revealed large group exposure toward Housing Development and Infrastructure Limited (HDIL) Group companies to the tune of about Rs 6,226.01 crore.
RBI Plans to Set up College of Supervisors, Says Governor Shaktikanta Das
The governor was addressing a closed-door conference on '50 years of bank nationalisation' organised by Ahmedabad University over the weekend.
