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Economy and Politics
RBI move on insolvency proceedings credit positive: Moody's

Moody's Investors Service today said the initiation of insolvency proceedings on 12 large loan defaulters is credit positive for Indian banks as it will improve their overall asset quality.

 
 
Budget carrier SpiceJet today signed an initial pact with the US aircraft maker Boeing Co for 40 737 MAX planes.
The Department of Industrial Policy and Promotion (DIPP) today launched the Start Up India Hub in an effort to strengthen the start up ecosystem in the country.
The Australian government announced that Indian nationals can apply for a visitor visa online starting July 1.
Aiming to tap the upbeat investor sentiment, two companies - CDSL and GTPL Hathway - will launch initial public offers (IPOs) this week to raise over Rs 1,000 crore.
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