India Ratings and Research (Ind-Ra) has cut its FY20 gross domestic product (GDP) growth estimate marginally by 0.2%, down to 7.3% from its previous forecast of 7.5%. The key reasons for the... Read more »
State-owned National Small Industries Corp’s (NSIC) net profit for 2018-19 may see a drop because of stiff competition from private players, an official said Tuesday. The company is also looking to start... Read more »
Capital market regulator Securities and Exchange Board of India (Sebi) on Tuesday banned the National Stock Exchange (NSE) from accessing the securities market for a period of six months in co-location case.... Read more »
For the first time, the government has sold ‘enemy properties’ worth Rs 1,874 crore in April, as it seeks to fast-track the sale process of such assets to meet the Rs 90,000-crore... Read more »
Some public sector banks could soon receive an invitation from the government to discuss another round of mergers in the sector, a Finance Ministry official told The Economic Times. It is speculated to... Read more »
Business tycoon, Ness Wadia, owner of IPL team Kings XI Punjab had been sentenced to two-year prison term for possession of drugs in Japan. The sentence however has been suspended for five... Read more »
The Supreme Court today set aside the Union Government’s decision to merge National Spot Exchange Ltd (NSEL) with Financial Technologies India Ltd (FTIL), now 63 Moon Technologies Ltd. NSEL, which was promoted by the then... Read more »
Yes Bank shares are currently at Rs 174.35, down by 26.60%. Shares of Yes Bank plunged 27 percent in the early trade on April 30 after company reported weak set of numbers for the... Read more »
The Indian Chamber of Commerce Thursday said it has prodded the US government to take a long-term decision on business ties with India, citing key instances like withdrawal of GSP and its... Read more »
The Supreme Court has asked the Reserve Bank of India (RBI) to reveal certain information regarding annual inspection reports of private banks and non-performing assets under Right to Information (RTI) Act reviewing... Read more »