1. Business & Economy

Business & Economy

Economy showing signs of getting back to normalcy: RBI Guv

July 11, 2020 Mumbai:  India’s economy is showing signs of getting back to normalcy, Reserve Bank of India Governor Shaktikanta Das said on Saturday. In a keynote address at the 7th SBI Banking and Economics…

Business & Economy

Air India ends services of trainee cabin crew citing aviation scenario

July 11, 2020 New Delhi: Citing the current dismal aviation scenario, Air India is terminating the services of trainee cabin crew and cabin crew by withdrawing the offer of employment of those who were under…

‘Aatmanirbhar Bharat not self-containment’: PM assures global investors

July 9, 2020 New Delhi: Inviting global companies and investors to India amid his government’s push for import substitution and a self-reliant India, Prime Minister Narendra Modi on Thursday said that the call for an…

Business & Economy

Property prices fall 1-5% in April-June across top cities: Report

July 7, 2020 New Delhi: Property prices across top eight cities in the country declined 1-5 per cent in April-June quarter amid the coronavirus pandemic, according to the Magicbricks Propindex Report Q2. The report said…

HDFC Bank cuts interest rates on loans by 20 bps

July 7, 2020 Mumbai:  The HDFC Bank has reduced the marginal cost of funds-based lending rates (MCLR) on loans across tenors by 20 basis points with immediate effect. Following the reduction, MCLRs of the bank…

Business & Economy

800,000 Indians could be forced to leave Kuwait: Report

July 6, 2020 Kuwait City:  A draft expat quota bill in Kuwait could result in 800,000 Indians forced to leave the Gulf state, a media report said According to the bill, which has been deemed…

Business & Economy

Maharashtra hotels to reopen, 50% may shut for good

July 6, 2020 Mumbai: With hotels and restaurants preparing to reopen after nearly four months, the prospects of around 50 per cent of them shutting permanently also loom large, top players warn. The Centre has…

Business & Economy

Need to focus on import substitution for 15 goods: Assocham

July 6, 2020 New Delhi:  As the call grows for an ‘Aatma Nirbhar Bharat’ (self-reliant India) in terms of manufacturing of goods and lower dependence on imports, industry body Assocham has suggested that the country…

CAIT demands hearing by Govt on Chinese app ban

July 4, 2020 New Delhi: The Confedration of All India Traders(CAIT) has demanded that the government should give the national traders body a chance of hearing to present its case since the High Powered Committee…

Business & Economy

India’s banking sector expected to face capital shortfalls: Fitch

July 2, 2020 Mumbai/Singapore:  Ratings agency Fitch Ratings on Wednesday said that India’s banking sector is expected to face capital shortfalls due to coronavirus pandemic-related disruption. According to Fitch Ratings, Indian banks are likely to…

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