How India enhanced its military might in 2023

India firmed up defence procurement worth over Rs 3.50 lakh crore in 2023 as the lingering border standoff with China in eastern Ladakh as well as the crises and conflicts around the world kept the......

RBI stance: What biz leaders say

Pratip Chaudhuri Chairman, State Bank of India Successive repo rate cuts by the Reserve Bank of India have not been effective in containing inflation, and the Cash Reserve Ratio is a "waste" for......

RBI stance: Industry feels let down

Industry has reacted strongly to the Reserve Bank of India not changing policy rates despite lower industrial production, slow credit growth and dwindling investments."It is unfortunate," said......

L&T closes Rs 16,375 cr Hyd Metro deal

L&T Metro Rail Hyderabad has achieved the financial closure for the Rs. 16,375 crore (Rs. 163.75 billion) Hyderabad Metro Rail project, making it the largest ever fund tie up in a public private......

Firms wary of basic banking licence model

The finance ministry's plan to offer basic banking licences may find few takers because of doubts over the commercial viability of the proposed business model. The Economic Survey released on......