India’s second-largest private steel producer, JSW Steel, may bid for British Steel Ltd after the company’s liquidation advisor EY reached out to it, the Mint reported. JSW is looking forward to... Read more »
According to analysts, RBI’s rate cut will help increase India’s GDP, while keeping the policy stance accommodative. “For the third successive time, in line with the majority market expectations,... Read more »
Bankers have rejoiced as the RBI slashed interest rates and changed the policy stance from neutral to an accommodative one. The repo rate is now positioned at 5.75%. While... Read more »
Ratings agencies ICRA and Crisil downgraded Dewan Housing Finance Corp Ltd’s (DHFL) commercial paper to their lowest ratings on Wednesday after the lender failed to make payments on bonds... Read more »
For the third time in a row, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) today slashed interest rates by 25 basis points, as was widely expected.... Read more »
India Ratings and Research believes a rate cut, which is almost certain, in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near... Read more »
The corporate performance for the March quarter of FY19 has improved on a quarterly basis as compared to last year, said CARE Ratings in its research report. The rating... Read more »
India Inc’s business confidence has fallen 9.1% to 115.4 points in quarter four (Q4) of the financial year (FY) 2018-19, as per a survey by the National Council of... Read more »
A full-year budget will be presented by the Finance Minister Nirmala Sitharaman, on July 5. Finance ministry has said that it would use the interim budget allocations made to... Read more »
India is all set to grow by 7.5 per cent in the next three years supported by robust investment and private consumption, the World Bank has said. The Bank... Read more »