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Anand Adhikari
January 17, 2020
KCC mirrors the NPA trend in the overall agriculture portfolio. SBI's agriculture NPAs have trebled over the last three years. In fact, the public sector banks (PSBs), especially the Bank of India, IDBI Bank and other lenders, have also seen NPAs of over 15 per cent-plus


BusinessToday.In
January 17, 2020
Jeff Bezos India visit: The Amazon CEO Jeff Bezos is on a three day India visit. Here's how the Bollywood biggies welcomed the tycoon


PTI
January 17, 2020
At the interbank foreign exchange, the rupee opened at 70.98 then fell to 71.00 against the dollar, showing a decline of 7 paise over its previous closing.


PTI
January 17, 2020
Growth cannot come by merely pushing people to move fast and requires a transformative vision and a change in the culture, the head of the $110-billion conglomerate said, delivering the Nani Palkhivala Memorial Lecture


PTI
January 17, 2020
On a year-on-year basis, banks' credit growth slowed to 7.2 per cent to Rs 86.73 lakh crore in November 2019 from 13.8 per cent to Rs 80.93 lakh crore in the year-ago period


Prasanna Mohanty
January 16, 2020
Part II of this two-part article looks at some of the solutions that present themselves and address the pressing concerns of raising income and demand - that include raising minimum wages, expanding the job guarantee scheme, higher government investment in infrastructure etc. both as short-run and long-run measures


Hari Hara Mishra
New Delhi, January 16, 2020
A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs


BusinessToday.In
New Delhi, January 16, 2020
The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved; Chinese technology company Xiaomi is starting the year 2020 with a renewed focus on its Mi sub-brand and intends to launch products across categories including the ultra-premium smartphones and Mi Home portfolio; Tycoon Anand Mahindra has offered to set aside Rs 1 crore for helping micro-entrepreneurs. Taking to Twitter, the Mahindra & Mahindra Chairman shared a video, which features a Gujarat-based differently-abled man, Vishnu Patel, who makes vehicles using electronic waste and electronics parts. This and more news on News blast.Also read: Oppo F15 to launch in India today; here's what to expect


PTI
Mumbai, January 16, 2020
Earlier during the day the apex court had agreed to consider the plea of enforcement agencies against the high court order to release them from jail and keeping them in their residence


BusinessToday.In
New Delhi, January 16, 2020
India plans cuts to imports from Malaysia, Turkey in Kashmir rowIndia is planning to cut some imports from Turkey and widen curbs on palm oil from Malaysia to oil, gas and other products, government officials said, targeting the two Muslim-majority countries for their criticism of India's policy towards Kashmir. India, the world's biggest buyer of edible oils, has already effectively stopped importing palm oil from Malaysia by asking Indian importers to look elsewhere.Opposition...


PTI
January 16, 2020
The United States on Wednesday signed the first phase of a trade deal with China, which President Donald Trump described as historic, concluding more than a year of tough negotiations between the two largest economies of the world.


BusinessToday.In
January 15, 2020
Catch top stories from the world of business and economy with BusinessToday.In end of day report


Anand Adhikari
New Delhi, January 15, 2020
In the last one year, YES Bank has come under lot of pressure because of the sudden exit of promoter Rana Kapoor, asset quality deterioration, NPA divergences and lower capital levels


BusinessToday.In
New Delhi, January 15, 2020
Under the new rules, banks will be able to issue credit and debit cards that can be used only at ATMs and with PoS devices. The choice of using the cards for contactless and international transactions will lie with the user


BusinessToday.In
New Delhi, January 15, 2020
Uday Kotak, the CEO and Managing Director of Kotak Mahindra Bank, shares the best advice of his life and how it helped him in his career . At a time when India was still a closed economy he started out on his own, even rejecting a lucrative offer from a multinational company. He went on to lay the foundation of  Kotak Mahindra Bank (then kotak Mahindra Finance Limited) in 1985. Kotak got his banking license in 2003 by RBI.  Watch the video as he shares the story behind the advice that changed his life.Also read: India's exports dip 1.8% to $27.36 billion in December 2019Also read: HDFC Bank credit card holder? Net banking, other services won't be available on this day


Prasanna Mohanty
January 15, 2020
The Central government would do well to spend more, keeping fiscal consolidation aside when consumption demand is depressed and unemployment is high, leading to a fall in industrial production, profits and investments.Part I of this two-part series looks at the ground realities from a policy perspective and solutions that always existed but received inadequate attention of policymakers


BusinessToday.In
New Delhi, January 15, 2020
India's trade deficit for the month also declined to $11.25 billion as against the deficit of $14.49 billion in December 2018


BusinessToday.In
New Delhi, January 15, 2020
\"It is not happening just today, JNU's DNA is against this country and everybody knows this,\" says Gurumurthy


Reuters
January 15, 2020
Foreign Investment in India: Indian government is planning to bring a new law to safeguard foreign investment. Here's what this means


PTI
Mumbai, January 15, 2020
The Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said


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