Devidutta Tripathy And Neha Dasgupta

Stories by Devidutta Tripathy And Neha Dasgupta

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Rediff.com   31 May 2013

The company had dent of about Rs 14,070 crore.

RBI to consider CAD, macro factors for policy decision

RBI to consider CAD, macro factors for policy decision

Rediff.com   30 May 2013

High current account deficit is leading to the rupee weakening.

Subbarao overrules panel recommendation to repo rate

Subbarao overrules panel recommendation to repo rate

Rediff.com   23 May 2013

Monetary policy committee had recommended no change in the key rate.

Car makers endure worst sales streak in history

Car makers endure worst sales streak in history

Rediff.com   10 May 2013

Economic gloom and rising ownership costs have savaged sales.

Jet set to order over 100 planes at airshow

Jet set to order over 100 planes at airshow

Rediff.com   10 May 2013

Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.

RBI Chief expects liquidity conditions to improve

RBI Chief expects liquidity conditions to improve

Rediff.com   6 May 2013

The central bank, however, would prefer money supply in deficit mode.

Boeing to compensate AI for Dreamliner grounding

Boeing to compensate AI for Dreamliner grounding

Rediff.com   3 May 2013

The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.

Govt may shift cash hoard to commercial banks

Govt may shift cash hoard to commercial banks

Rediff.com   25 Apr 2013

Keeping that much money out of the banking system has created a liquidity deficit that has forced banks to borrow as much as RS 1.6 trillion from the central bank to meet daily funding needs.

Tata Tele to give up some airwaves to save surcharges

Tata Tele to give up some airwaves to save surcharges

Rediff.com   17 Apr 2013

Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.

Gold price correction may ease current account gap

Gold price correction may ease current account gap

Rediff.com   17 Apr 2013

Current account deficit could ease to around 3 per cent in the current fiscal year from prior estimates of about 4 per cent due to sharp drop in global commodity prices.

Kingfisher submits plan to restart airline: CEO

Kingfisher submits plan to restart airline: CEO

Rediff.com   10 Apr 2013

The parent company, UB Group, is willing to pump in money.

Idea Cellular gets tax demand, may challenge order

Idea Cellular gets tax demand, may challenge order

Rediff.com   5 Apr 2013

The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.

Jet shares fall on Etihad deal worries

Jet shares fall on Etihad deal worries

Rediff.com   18 Mar 2013

Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.

India ratings constrained by slowing growth: S&P

India ratings constrained by slowing growth: S&P

Rediff.com   15 Mar 2013

It feels govt may find it challenging to meet the revenue projections.

RBI seen cutting repo rate by 25 bps: Poll

RBI seen cutting repo rate by 25 bps: Poll

Rediff.com   12 Mar 2013

Majority of the experts expect a 25 basis point reduction.

Banks' credit growth to industry slows in January: RBI

Banks' credit growth to industry slows in January: RBI

Rediff.com   12 Mar 2013

They shied away due to concerns over asset quality and a rise in NPAs.

Budget won't impact Indian ratings: Fitch

Budget won't impact Indian ratings: Fitch

Rediff.com   28 Feb 2013

Rates India 'BBB-' with a negative outlook.

Budget choices give less room for RBI rate cuts

Budget choices give less room for RBI rate cuts

Rediff.com   22 Feb 2013

New Delhi plans to cut public spending by up to 10 percent in the fiscal year starting in April, officials involved in the budget preparations told Reuters last week, as Finance Minister P Chidambaram struggles to bring down the fiscal deficit to 4.8 percent of gross domestic product and stave off a credit rating downgrade.

Govt hopeful of closing trade gap: Anand Sharma

Govt hopeful of closing trade gap: Anand Sharma

Rediff.com   13 Feb 2013

Exports were up 0.8 per cent in Jan while imports rose 6 per cent.

M&M to invest $900 million in Mahindra-Ssangyong

M&M to invest $900 million in Mahindra-Ssangyong

Rediff.com   9 Jan 2013

The money will be used to develop products jointly.