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PTI
November 18, 2020
With 3,36,880 recoveries and 17,707 active cases as on Tuesday, city's recovery rate stands at a healthy 93.94 per cent and active rate stands at 4.93 per cent


BusinessToday.In
November 18, 2020
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis


BusinessToday.In
November 18, 2020
Pleas, filed before SC, seek an extension of loan moratorium as well as waiver of interest on term loan EMIs during six-month moratorium period


BusinessToday.In
November 18, 2020
Lakshmi Vilas Bank  stock opened 20% lower at Rs 12.40 against previous close of Rs 15.50


Shailendra Shukla
New Delhi, November 18, 2020
Indian students pumped $7.6 billion to US economy in 2019-20 Indian students contributed USD 7.6 billion to the US economy in the academic year 2019-20, even though there was a 4.4 per cent drop in the total number of Indian students, according to a report. China remained the largest source of international students in the US, with the number of Chinese students in the country increasing for the 16th consecutive year. India remained the second largest source of international students, despi...


BusinessToday.In
November 18, 2020
India Stock Market Highlights Today: Sensex closed 227 points higher at 44,180 and Nifty ended 64 points higher at 12,938. Shares of M&M , L&T and IndusInd  Bank were the top Sensex gainers rising up to 10.76%


Anand Adhikari
November 17, 2020
The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Vivek Punj
November 17, 2020
Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses


BusinessToday.In
November 17, 2020
\"The RBIH shall create an eco-system that would focus on promoting access to financial services and products. This will also promote financial inclusion,\" RBI stated


PTI
November 17, 2020
Sectors that have shown a surge in hiring in September and October are e-commerce, telecom, Banking, financial services and insurance (BFSI), data analytics and consulting, IT services, renewable energy and hospitality


BusinessToday.In
November 17, 2020
Tata Steel, followed by SBI, HDFC Bank, Bajaj Finance, Axis Bank, LT, Maruti, IndusInd Bank, and HDFC were among the top gainers today. On the other hand, NTPC, HCL Tech, ONGC, Infosys, ITC, PowerGrid, and Hindustan Unilever were among the top losers on the Sensex


BusinessToday.In
November 17, 2020
Credit ratings agency CRISIL said that said that the number of companies seeking RBI's one-time-debt restructuring may increase if sentiment around recovery dampens or COVID-19 afflictions keep increasing, leading to fresh curbs on economic activity


Manoj Sharma
November 17, 2020
Morgan Stanley economists' research note on Indian economy says they expect the growth recovery to strengthen in 2021, with GDP growth improving to 9.8%Y from an estimated contraction of 5.7%Y in 2020


BusinessToday.In
November 17, 2020
India Stock Market Highlights Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment


PTI
November 16, 2020
Reliance Industries, which was considered a potential bidder as BPCL would have added 22 per cent fuel market share to its fledgling retail business and made it the nation's number one oil refiner, did not put in an expression of interest


PTI
November 16, 2020
The government had extended the deadline for bids for BPCL, one of India's most profitable state-owned companies, as the pandemic delayed the process that was initially expected to be completed by October


Niti Kiran
November 16, 2020
Aggregate net profits of 3,095 companies reached a record high of Rs 1.45 lakh crore during the July-September quarter, growing over three times from the year-ago period


PTI
November 16, 2020
Arjas Steel owns and operates a 3,00,000 tonne integrated steel plant at Tadipatri in Andhra Pradesh. The company is one of the leading manufacturers of alloy steel in the country


PTI
November 16, 2020
The 444-km long natural gas pipeline was launched in 2009 at an estimated cost of Rs 2,915 crore and was to be commissioned in 2014


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