"Fitch Ratings has placed Punjab National Bank's (PNB) Viability Rating of 'bb' on Rating Watch Negative (RWN), following the large fraud reported by PNB," the US-based agency said in a statement.
The unrest in the hills has led to the tea sector losing its entire second flush, and Rs 200 crore of its annual earnings.
Global crude oil prices have slumped by 49 per cent during the same period
Five Congress ministers lose. Only Sonia Gandhi and Rahul Gandhi win.
Devotees across India on Thursday welcomed their most beloved and venerated deity -- Lord Ganesh -- into their homes and community pandals, kickstarting the ten-day Ganesh Chaturthi celebrations with zeal and devotion.
Talking about sunrise sector, the Finance Minister said, India is beginning to create impact in pharma sector.
Here's your weekly digest of bizarre moments from around the world.
'Why didn't the CBI ask for the evidence earlier?' 'Why has it suddenly becoming imminent.'
Has Chief Minister Mamata Banerjee created a situation with dangerous overtones in Bengal? In the six years that she has been in power, her detractors feel she has overplayed the politics of appeasement.
Reclaiming the No. 1 spot has not satiated Virat Kohli's hunger for success and the Indian captain said the team will at no point 'take the foot off the pedal' as he set his sights on holding on to the No. 1 ranking for a prolonged period.
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
On International Tiger Day, India is still a long way from making sure that the future of our national animal is safe.
Orders for the festive season abroad begin from next month.
WPI inflation, which was in the negative zone from November 2014 to March 2016, has been on an upward trend for the seventh straight month
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
The elections are not only a means for TMC to prove its wide, unopposed mass allegiance but also a way to bargain for national leadership among regional political parties in the road to New Delhi.
The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.
Bereft of options when Keya Sarkar arrives at a charitable eye hospital in Santiniketan she is pleasantly surprised -- not just by the building but also by the patience of the tribals who await their turn and the overburdened doctors.
Bereft of options when Keya Sarkar arrives at a charitable eye hospital in Santiniketan she is pleasantly surprised -- not just by the building but also by the patience of the tribals who await their turn and the overburdened doctors.
Security agencies are apprehensive that the Jalpaiguri blast is merely an indicator of the unrest triggered by fundamentalist outfit Jamaat-e-Islami along the India-Bangladesh border, says Vicky Nanjappa
Going ahead, the likely implementation of the goods and services tax bill in July and how the monsoons play out will have a bearing on India's demand for gold and gold jewellery
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
These photographs show India in various colours and moods in 2015.
On Thursday, the Business Advisory Committee of the Lok Sabha, which allocates time for the Bills and discussions to be taken up for the forthcoming week, met, but the government strategists didn't ask the members to allocate time for the GST Bills for the next week.
The old note will continue to be accepted for other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15
Sunshine Schools are looking to attract interest from members of the urban 'aspirational' class -- vegetable vendors, security guards, drivers, etc -- who cannot afford the fees charged by budget private schools.
More than 180 people have lost their lives and nearly one crore people were affected in floods in West Bengal, Gujarat, Rajasthan and Odisha.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
'Anantkumar Hegde will be pleased that those thousands who formed a long line to enter the grounds of St Paul's Cathedral on Christmas Eve night were both aware of their 'parentage' -- to use his insulting term -- and would describe themselves as Hindu,' says Rahul Jacob.
Gross value added and low investment activity by the private sector remain areas of concern
These graduates will have the opportunity to spend a year training and working for TCS at its Innovation Labs and software development centres across India between 2016 and 2020.
Why India is an FDI magnet. The country satisfies several reconditions to attract FDI.
