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PB Jayakumar
August 29, 2018
Kerala's thriving tourism industry, that revolves around ayurvedic and medical tourism, its hill stations and backwater cruises, earns the state nearly Rs 35,000 crore a year.


Aseem Thapliyal
August 29, 2018
The strong buying activity by DIIs has helped market scale all-time highs this fiscal. But when it comes to Indian markets, contribution of FIIs cannot be ruled out.


BusinessToday.In
New Delhi, August 29, 2018
This deal has also raised eyebrows since Buffett had long refused to invest in the tech space saying that it was too difficult to predict which tech businesses will prosper in the long run.


BusinessToday.In
New Delhi, August 29, 2018
The airline has chalked out a cost reduction programme of more than Rs 2,000 crore over two years in addition to plans for better inventory management, improving pricing and monetising its well-established 8.5 million member JetPrivilege programme.


BusinessToday.In
August 29, 2018
The Reserve Bank of India has said that Rs 15.31 lakh crore out of the total Rs 15.41 lakh crore of demonetised currency notes have returned to the banking system.


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


BusinessToday.In
August 29, 2018
Such analysis was not possible before as the government did not have the data organised in a manner that could allow such comparisons.


BusinessToday.In
August 29, 2018
The steel stock rose nearly 3.50% to hit a fresh high of 378.70 on the BSE. The stock has been gaining for the last four days and has risen 10.46% during the same period. The stock has gained 51.77% during the last one year and 39% since the beginning of this year.


PTI
New Delhi, August 28, 2018
The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, says the ICRA report. The rating agency cautioned that GNPA and NNPA may be higher at 12.2 per cent and 5.6 per cent, respectively, in absence of resolution.


Nidhi Singal
New Delhi, August 28, 2018
Announced during the fourth edition of 'Google for India' keynote at New Delhi, this new feature is accessible in 28 languages including English, Hindi, Bengali, Marathi.


BusinessToday.In
August 28, 2018
Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.


BusinessToday.In
August 28, 2018
If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.


Nidhi Singal
New Delhi, August 28, 2018
For online merchants, Google Pay will be supported at over 2000 online apps and sites including Goibibo, FreshMenu, Nykaa, Redbus, BookMyshow and Uber.


BusinessToday.In
August 28, 2018
As Kerala comes to terms with worst ever floods in nearly a century, the contribution to chief minister's distress relief fund (CMDRF) has clocked Rs 713.92 crore in just a fortnight.


BusinessToday.In
New Delhi, August 28, 2018
The company has announced that users will now be able to avail instant loans using Google Pay app. It has tied up with private lenders like HDFC Bank, ICICI Bank, Federal Bank and Kotak Mahindra Bank to offer customised loans, which will involve minimum paperwork.


Meetu Jain
August 28, 2018
The committee has questioned RBI for failing to take preemptive action in checking bad loans in the banking system, prior to the Asset Quality Review (AQR) undertaken in December 2015.


PTI
New Delhi, August 27, 2018
If we have growth which is engineered on the strength of a 31 or 28 per cent credit offtake in a given year, then history will certainly record it as some indiscriminate lending, which is bound to show its impact on the future, says Jaitley.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


PTI
August 27, 2018
As part of rationalisation post merger of six associate banks with itself, the country's largest lender SBI has changed names and IFSC codes of nearly 1,300 branches across the country.


BusinessToday.In
August 27, 2018
While the Sensex closed 442 points or 1.16% higher at 38,694 level, the Nifty ended the day at 11,691 level, rising 1.17% or 134 points. Meanwhile, the Sensex hit an all-time high of 38,736, Nifty rose to a record 11,700 level intra day. Of 30 Sensex stocks, 29 closed in the green.


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