1. Business & Economy

Business & Economy

Business & Economy

‘Lack of credit, lower consumption led India’s growthrate to 5%’

by Arul Louis Jan 9, 2020 United Nations: The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut…

Business & Economy

Growth estimate subdued, can force fiscal stimulus in Budget

Jan 7, 2020 New Delhi: The government on Tuesday forecast 5 per cent growth for the current financial year, which is the slowest pace in 11 years, and may force the Finance Ministry to think…

Tata Motors produced zero Nanos in 2019, sold just one

Jan 7, 2020 Mumbai:Tata Motors did not even produce a single unit of its entry-level offering, Nano, during 2019, while it managed to sell just one unit during the year. According to data collated from…

Business & Economy

Cyrus Mistry says won’t take up chairmanship of Tata Sons

Jan 5, 2019 New Delhi:  In a major turn in the Tata-Mistry saga, Cyrus Mistry on Sunday said that he would not take up the chairmanship of Tata Sons or become director of any Tata…

Business & Economy

Slowdown continues: Nov core sector growth contracts by 1.5%

Dec 31, 2019 New Delhi:  Contraction in India’s eight major industries continued for the fourth consecutive month in November as the output pace receded by -1.5 per cent. However, the rate of contraction in November…

Business & Economy

European economist wants India to be in multilateral trade negotiations

  By M Chenna Nagaraj Dec 31, 2019 New Delhi: A leading European economist has suggested that India and other emerging economies could enter into groupings and hold negotiation for global trade in the services…

Business & Economy

Plurilateral initiatives by countries a way forward in the post WTO : Economist

By M Chenna Nagaraj Dec 29, 2019 New Delhi: Plurilateral negotiations may prove to be pragmatic approach for global trade as the end of the WTO regime appears to be certain, a leading economist of…

Business & Economy

Govt says PSB health restored, 13 banks report profit

Dec 28, 2019 New Delhi:  The Ministry of Finance on Saturday said that the health of public sector banks which have been reeling under non-performing assets for the last few years has been restored and…

Business & Economy

Allahabad Bank, UCO Bank, IOB get Rs 8,655 cr fund infusion

Dec 27, 2019 New Delhi: Three loss making PSU Banks — Allahabad Bank, Indian Overseas Bank and UCO Bank – have got Rs 8,655 crore fresh capital infusion from the government. The Finance Ministry has…

5G will drive edge computing, IoT in India in 2020

Dec 26, 2019 New Delhi: With more and more Indian enterprises striving to go digital, the increased speed and bandwidth of 5G networks will drive a new round of transformation across India from next year,…

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