S&P said higher capital spending and depreciation of the Indian rupee partly offset the benefits of a recent USD 1.5 billion equity infusion in Bharti Airtel's African operations.

In this competition, teams and individuals will have to develop a predictive analytics system which can point out probable loan defaults by SBI's corporate customers.

India's fiscal slippage for two consecutive years credit negative, says Moody'sMoody's Investors Service on Tuesday said fiscal slippage from the budgeted targets for the past two consecutive years from tax cuts and spending ahead of the general election is credit negative for India. In the light of budget measures, the government announced a slippage from its original fiscal deficit targets to 3.4 per cent of the GDP. Lack of a formal capital support plan for the public sector banks (PSBs) w...

The government announced the Rs 2.11-lakh crore capital infusion programme in October last year. According to the plan, the PSBs were to get Rs 1.35 lakh crore through recapitalisation bonds, and the balance Rs 58,000 crore through the raising of capital from the market.

The board took a slew of steps including a restructuring scheme for MSME borrowers with credit facilities of up to Rs 25 crore.

The Indian economy is expected to grow by around 7.5 per cent in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today.

Revenues have soared across the World Cup host cities. President Vladimir Putin's govt has banked on an economic boost from infrastructure and other investments made for the tournament. Watch BusinessToday.In video to find out whether Russia can gain financially from the World Cup.