For the disinvesment process, the books of accounts of Air India till July 15, have been closed and those financials would be used while seeking bids

In absolute terms, the total exposure is Rs 140 crore in two funds. In the first case, it is Rs 40 crore out of a fund size of Rs 5,500 crore, and Rs 100 crore i another fund of Rs 4,000 crore

The ADB has lowered India's GDP growth forecast for the ongoing financial year to 7 per cent. Despite the forecast, India remains the fastest-growing country in the South Asia region

The ED and Grant Thornton have discovered that the IL&FS senior management interfered in the ratings review of its group firms, seeking their upgradation on many occasions

Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project that aims to lay a grid of highways pan-India, the Road Transport and Highways Ministry has been looking to harness various sources of finances including pension and insurance funds.