Business

Besides Mahindra, Ratan Tata also chose the state government-organised investor summit and the presence of Prime Minister Narendra Modi to make public his concerns on the infrastructure front.

The ratings also continue to factor the stress on the bank's asset quality especially in the corporate portfolio; the resultant increase in provisions would continue to impact profitability over the medium-term.

The stock hit its 52-week low on both BSE and NSE today after it opened on a bearish note and fell 3.27 per cent to Rs 124.15 on BSE. Similarly on NSE, the stock dropped to a low of Rs 123.40.

The pilot programme is the first of its kind to be launched by a central bank, allowing banks in Saudi Arabia to use Ripple's software to instantly settle payments sent into and out of the country, the company said late on Wednesday.

NITI Aayog Vice Chairman Rajiv Kumar said: "Young people are off course, are not satisfied with what they have on the ground. Their aspirations are running miles ahead of the ground reality."

The S&P 500 is down more than 7 percent from its lifetime high hit on Jan. 26, after falling as much as 10.2 percent, and yields on the benchmark U.S. 10-year note have climbed to a four-year high, largely due to worries over inflation.

Panagariya, who was the blue-eyed boy of the establishment, castigated the government's budget and said it signaled a return of the pre-1991 protectionist 'License Raj' of the Indian state.

In 2013-14, the state-owned banks wrote off bad loans worth Rs 34,409 crore; Rs 49,018 crore in 2014-15; Rs 57,585 crore in 2015-16 and hitting Rs 81,683 in the fiscal ended March 2017.

Talking to reporters after an address by Finance Minister Arun Jaitley to Sebi's board members and top officials, Tyagi also said that small investors need not panic by market falls as they are doing the right thing by investing through mutual funds, thou...

The proposed amendments to the Micro, Small and Medium Enterprises Development Act, 2006 were approved by the Cabinet chaired by Prime Minister Narendra Modi, an official statement said.

The apex bank kept the policy repo rate unchanged at 6%. Consequently, the reverse repo rate remained at 5.75%.

Amitabh Kant was appointed the Chief Executive Officer of the government think tank, Niti Aayog, on February 17, 2016 for a two-year term.

Finance Minister Arun Jaitley hiked customs duties on several luxury items in Union Budget 2018-19.

Finance Minister Arun Jaitley concluded this year’s Budget speech by putting forward his government’s mission. He said, “ Our mission is to especially strengthen agriculture, rural development, health, education, employment, MSMEs and infrastructure secto...

Arun Jaitley's Budget 2018 announced a number of concessions for women in the workforce while promising to create 70 lakh more formal jobs this year.

A deal could be finalised as early as March and may involve primary and secondary sales by longstanding Flipkart investors, the report said.