The Reserve Bank of India has approved external commercial borrowing proposals aggregating $1.7 billion during the first quarter ended June 30, 2003, RBI executive director Usha Thorat said on Saturday.
Moody's Investors Service has changed the outlook for the long-term foreign currency deposit ratings of a number of Indian banks -- currently rated Ba2 -- from 'negative' to 'stable' for India.
With inflation reaching new highs, the Reserve Bank of India on Saturday said it will take 'measured' steps to contain the rise in price level and the spurt in the yields of government papers will not impact the Centre's borrowing.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
Tata Motors Ltd is to develop a new platform for utility vehicle for which it will firm up the project outlay by January 2004, a senior company official said on Saturday.
On Tuesday, Economic Affairs Secretary Arvind Mayaram told reporters that economic growth this financial year would be over five per cent and the numbers in the second quarter would be better than the first quarter which yielded gross domestic product expansion of 4.4 per cent, a four-year low.
Alfadli, who lives in Avondale, has been looking for a job after completing her diploma in applied computer system engineering.
With this, multilateral lenders like the International Monetary Fund, the World Bank and the European Union may continue downgrading Pakistan, making its financial situation more precarious.
Moody's downgraded local currency bank deposit ratings.
Jurors in the London perjury trial of former New Zealand cricket captain Chris Cairns retired to consider their verdicts on Tuesday.
While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
In absence of hard facts, the group risks losing public trust, says the firm, which has investment from the Tatas
If Pakistan continues with the 'Grey List' or put in 'Dark Grey' list, it would be very difficult for the country to get financial aid from the IMF, the World Bank and the European Union, making its financial condition more precarious.
Volkswagen is looking at ways to cut costs and boost cash flow.
The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies
Former New Zealand skipper Brendon McCullum has insisted that he can never forgive his ex-team-mate Chris Cairns after the latter effectively lobbied to destroy his credibility over match-fixing allegations. Cairns had been linked to match-fixing following statements by Stephen Fleming and McCullum. However, he was cleared of any wrongdoing in a court of law and by the ICC's anti-corruption unit. McCullum, who had told the jury that Cairns had approached him three times in total over fixing a match, insisted that he felt as if his character had come under-fire during the prejury trial.
However, the number of confirmed cases reported by states rose by over 500 to cross 3,000 with at least 90 dead. While Maharashtra, Telangana and Delhi disclosed several new cases of the deadly virus infection, government officials said the numbers have risen in last few days mostly due to one event -- referring to the Tablighi Jamaat's religious gathering in the national capital attended by thousands of people last month.
New Zealand skipper Brendon McCullum has revealed before a court in London that he felt shocked when his idol, Chris Cairns, approached him regarding fixing a match.
India is home to almost 1.3 billion people.
The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.
The WPI has been in the negative zone since November.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
Investors globally pulled out more than $3 billion from equity funds focused on Emerging markets including India in a week amid concerns over the US Federal Reserve's plan of curtailing its stimulus drive starting later this year.
India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
