NBFCs are mainly dependent on funding their operation from their own cash flows.
Looking for a way out, property developers deal in banned notes.
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
Emergency measures are needed to avoid "a total collapse in public security, health, education, transport and environmental management," a decree in the state's Official Gazette said.
This is another blow to Modi's ambitious economic reform agenda that has been stalled by a logjam in parliament
Finance Ministry is expecting a rating upgrade by credit agencies by the year-end on the back of policy initiatives.
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
List of Australian Open women's singles champions since the event began in 1922 (Australian unless stated):
The SBI auction will be the biggest nationwide online sale.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Indian retail investors continue to sell gold ETFs.
Mixed martial artists sued the Ultimate Fighting Championship league, alleging the business has a monopoly on the professional fighting market and limits the potential earnings of its athletes.
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The basis of Ind-Ra's expectation of INR appreciation is based on economic developments in the last one to two months of this fiscal and the likely developments in the remaining months.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
The global ratings agency keeps India's sovereign rating unchanged at 'BBB-' with stable outlook
A summary of sports events and persons who made news on Tuesday
India Inc has an impressive report card to show for the first quarter of this financial year.
Moody's rates India's outlook at stable.
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Most decorated Olympian Michael Phelps' self-proclaimed girlfriend has come out with a shocking revelation, saying that she was born intersex and lived as a boy until her teens.
State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
The budget has strong growth impulses and response of the economy is positive.
The government's fiscal deficit may exceed the target of 4.8 per cent of GDP by 0.50 percentage points in this financial year, and money-guzzling measures like decision to push the Food Security Bill are only expected to complicate the matter.
Another sobering number is that the total Chinese investment in India in the past 10 years amounts to $400 million.
Jaitley's fiscal arithmetic, Crisil said, is "shaky", and the scope for fiscal slippage "remains high".
RBI will now increasingly shift focus to domestic parameters
The positive bias was aided by metal, realty and auto indices
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
It's unfair to over-emphasise Urjit Patel's shy and reticent image.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
List of Australian Open women's singles champions since the event began in 1922 (Australian unless stated):
