Business

Global credit conditions in 2020 will weaken as a result of growing risks of an economic downturn, trade policy uncertainty and the effects of an unpredictable political and geo-political environment, Moody's Investors Service said on Tuesday. Although Moody's does not expect a recession in 2020, recession risks are building,...

India could have more foreign banks soon as in the case of other Asian countries like China, Singapore and Hong Kong with 15 overseas banks have been in touch with the Central Bank, to open branches in the country. As per RBI Data, already 46 foreign banks are operating in India including two...

With NewSpace India Ltd bagging the contract for the launch of 13 nano satellites from the US, the question that begs an answer - is it going to be curtains for Antrix Corporation Ltd? On Monday, the Indian Space Research Organisation (ISRO) announced the launch ...

Even as the government is mulling increasing the insurance cover for bank deposits, the All India Bank Employees' Association (AIBEA) has demanded scrapping of such insurance cover for public sector bank deposits. In a letter to Finance Minister Nirmala Sitharaman on Monday, the General ...

World's largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where government intends to sell its entire 53.29 per cent stake to a strategic investor....

In order to send a message to companies in the US to bring back manufacturing home and create more jobs, US President Donald Trump will visit Apple's Mac Pro plant in Texas on Wednesday, The White House has confirmed. As part of its commitment to US economic growth, Apple in September confirmed...

The upward trend in petrol rates continued on the fifth consecutive day on Monday, while the diesel prices remained constant for the sixth day in continuation. The prices have been affected by the rise in the crude oil rates in the international market. Though on Monday, the petrol rates in the international ...

Vodafone-Idea (VIL) on Monday advanced nearly 18 per cent on the NSE over investors renewed interest in telecom stocks over a possible government-led revival. Bharti Airtel also surged by 3.5 per cent. This comes after Finance Minister Nirmala Sitharaman on Friday stated that the ...

The People's Bank of China (PBOC) on Monday reduced the interest rates on repurchase agreements, or repos - one of its main short-term liquidity tool - for the first time in more than four years. Through this instrument, under which securities are sold under an agreement ...