India’s budgetary fiscal deficit for April-May 2018-19 stood at 55.3 per cent — Rs 3.45 lakh crore — of the full year’s target of Rs 6.24 lakh crore, official... Read more »
Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the... Read more »
Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest... Read more »
Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved capital infusion of Rs 2,000 crore in public sector company Export Credit Guarantee Corporation (ECGC), an official statement said.... Read more »
Weakening for the third consecutive day, the Indian rupee touched a 19-month low of 68.70 per dollar on Wednesday due to rising crude oil prices and the ongoing trade... Read more »
Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including... Read more »
Prime Minster Narendra Modi on Tuesday interacted with Indian business leaders in Mumbai representing a wide spectrum of the economy and discussed various policy reforms and initiatives of the... Read more »
Reliance Jio Infocomm (RJIL) has signed a $1 billion equivalent term loan facility covered by Korea Trade Insurance Corporation (K-SURE) on June 22, 2018, a company statement said here... Read more »
Taiwanese technology company Acer on Monday brought its Altos “R880 F4” GPU server in India which was originally unveiled at the NVIDIA’s GPU Technology Conference (GTC) in Taiwan recently.... Read more »