The hits and misses of the week.
ICT products make up a minuscule $ 407 million, out of the $ 35.54 billion of total inbound shipments from the US, as of now.
According to data released by the commerce and industry ministry, exports stood at $25.01 billion in the month. The fall is only the second time exports contracted in the past year.
When French Retailer Carrefour enters the Rs 1,200 crore (Rs 12 billion) cash and carry segment in 2009, it would face tough competition from established players such as Germany's Metro, Bharti-Wal Mart, Reliance, Pantaloon, Wadhawan Retail and others entrants like Tesco and Costco.
Housing Development Infrastructure Ltd (HDIL) on Monday said a 20-25 per cent price fall is likely in the country's real estate sector, but Mumbai may be slightly insulated as it may witness a 10-15 price correction in prices.
The hits and misses of the week.
The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan has been cleared by the bankers.
Summary of all Ranji Trophy matches played on Saturday
Go for a fixed rate," your banker is likely to insist if you enquire about a home loan. But floating is what makes sense at present
These businessmen represent the top five firms that have taken loans from the crisis-hit Yes Bank and these debts were either in the red or were stressed, officials said.
The revival of the phytosanitary protocol with China is expected to boost tobacco exports to China and prove economically beneficial to Indian farmers.
Top seed Chin-Wei Chan of Chinese Taipei beat second seed Montinee Tangphong of Thailand 6-2, 6-3.
Rushmi Chakravarthi beat back Wilawan Choptang 7-6 (6), 6-2 win while Shruti Dhawan beat Thassha Vitayaviroj 3-6, 6-1, 6-2
Shruti Dhawan shocked Julia Vorobieva 4-6, 6-4, 7-6 while Isha Lakhani crushed Cassandra Barr 6-3, 6-3
The hits and misses of the week.
Chin-Wei Chan of Chinese Taipei and Montinee Tangphong of Thailand will clash in the US $ 10,000 tournament final.
As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Andrea Lipovska of Australia pulled off a 7-5, 4-6, 6-4 win over a gallant Sagarika Phadke of India.
After taking over the home loan arm of ING Vysya Bank last year, Dewan Housing Finance now targets to double its business to Rs 900 crore this fiscal and increase its assets to Rs 5,000 crore by 2007.
DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.
The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.
The BSE Realty Index is on a downhill journey.
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.
The final inspection will take place later this year following which the venue of the FIFA U-17 Women's World Cup India 2020 will be named.
September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion
Bollywood star Salman Khan used micro-blogging site Twitter to deny reports of him investing in Indian Super League team FC Pune City. The actor, who was believed to be the co-owner of the Pune franchise, posted: "I do not own any ISL team. My friends Dheeraj & Kapil Wadhawan had asked me to be their partner in FC Pune City.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
The recent weakness of the rupee has been due to yuan's devaluation.
Following his resignation, the Finance Ministry has appointed Joint Secretary Anup Wadhawan as Chairman of the PFRDA.
If a person has a weak immune system or pre-existing conditions like diabetes and psoriasis, it is advisable to stay away from beauty parlours, says Manav Wadhawan.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
Hrithik Roshan co-owned Indian Super League team FC Pune City on Tuesday announced former Chelsea and Barcelona striker Eidur Gudjohnsen as their marquee player for the 2016 edition of the league.
A striker always remains a striker is what David Trezeguet showed when he rolled back all those years with an opportunistic strike to help FC Pune City register their maiden win beating FC Goa by 2-0 in the Hero Indian Super League on Sunday.
The pilot's decision and professional competence to bring flight AI 144 safely back to Newark Liberty International Airport after an engine fire, saved the lives of 300 passengers and 15 crew members. George Joseph/Rediff.com reports
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
ICICI Bank on Tuesday slashed home loan rate for both existing as well as new borrowers by 0.25 per cent.
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending