British multinational investment bank and financial services company Barclays on Thursday revised India's GDP forecast for FY22 to 8.5 per cent from 7 per cent earlier as the economy is seeing faster return to normalcy with recovery in both consumption and investment following government's fiscal and monetary stimulus measures....
The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said on Thursday....
Will the Regional Comprehensive Economic Partnership (RCEP) -- the mega trade agreement -- signed between 15 countries sans India deliver? Or will it wither like many other trade pacts including the South Asian Free Trade Area (Safta) and the once-hyped US-led Trans-Pacific Partnership (TPP)? Experts said that the initial stage of the ...
Assuring about 20 lakh depositors of the Lakshmi Vilas Bank (LVB) now under moratorium that there is no need to panic and all glitches in withdrawal of deposits - subject to a maximum of Rs 25,000 - will be sorted out, the RBI appointed Administrator T.N. Manoharan on Wednesday said ATM machines will start working from Thursday....
Japanese multinational bank Sumitomo Mitsui Banking Corporation on Wednesday said it will infuse fresh capital of $600 million in its Indian operations in 2020 and also announced the opening of a branch here....
With the Covid-19 pandemic leading to digital transformation at a speed never seen before, software giant Microsoft expects to develop more than 500 million new applications over the next five years....
The BSE Sensex and the Nifty50 on the National Stock Exchange (NSE) hit fresh all-time highs on Wednesday, before settling at record closing levels. ...
South Korea's two largest electronics firms Samsung Electronics and LG Electronics on Wednesday decided to temporarily shut down their research labs after their workers tested positive for the new coronavirus....
In line with government's "Atmanirbhar Bharat" vision, Amazon India on Wednesday launched a toy store where sellers from 15 Indian states will showcase thousands of unique toys across categories like traditional, handmade and educational. The launch of the "made in India" toy store could help local manufacturers to ...
The bad loan scenario in Indian banks has improved as the net non-performing loans (NPL) are at a six-year-low. According to a report by Kotak Institutional Equities, net NPLs for banks are now closer to FY2014 levels. ...
