The country's current account deficit is likely to decline to 1.1-1.2 per cent of the gross domestic product in the third quarter, say rating agencies.
It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
Average delinquency rate for close to 12 months seasoned loans was 9% during 2009.
Central bank moves to infuse liquidity into bond market to help boost sentiment.
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
While RBI may cut rates by 25 basis points in the February policy review, global monetary policies hold the key to much of the financial assets flow in 2017
State Bank of India has revised lending rates based on marginal cost of funds, a new methodology that will take effect from April 1.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year
The reduction in natural gas prices would mean lower raw material cost for compressed natural gas (CNG) and natural gas piped to households (PNG).
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
The move will have cascading effects for lot of related sectors
Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection.
Even if RBI partially replaces the stock of the high value notes, RBI will have to incur thousands of crores of rupees in cost, say economists.
While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Bandra-Worli sea link has still not been able to make money for MMRDA in spite of steep toll for car owners.
The SBI auction will be the biggest nationwide online sale.
State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
RBI will now increasingly shift focus to domestic parameters
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
It makes sense to wait for govt schemes such as gold bonds.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
RBI Governor has been under pressure from Finance Ministry.
Gold is often considered a 'hedge' against an economic uncertainty.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
Analysts were expecting the government to propose higher capital infusion for banks.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Affected firms note practical problems in getting discoms, consumers to pay for costlier supply; viability shadow on investments
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
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