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Reuters
New Delhi, December 27, 2019
Since 2018, President Xi Jinping has put 12 former executives at state-run financial institutions or regulators in top posts across China's 31 provinces, regions and municipalities, including some who have grappled with banking and debt difficulties that have raised fears of financial meltdown


BusinessToday.In
December 27, 2019
The consumers shopped more frequently but purchased fewer products each time. The study added that the consumers spread their budgets to moderate their finances amid the economic slowdown


BusinessToday.In
New Delhi, December 27, 2019
Incremental bank credit has increased by just Rs 80,000 crore during FY2020 till December 6, in contrast to the rise of Rs 5.4 lakh crore and Rs 1.7 lakh crore in FY2019 and FY2018 (till December), respectively


BusinessToday.In
December 26, 2019
Railway Board Chairman VK Yadav said in a media briefing that even though the railways had launched a slew of measures to offset its decreasing revenues, jacking up the fares was a \"sensitive\" matter


Niti Kiran
December 26, 2019
The NPAs in Indian banks started rising from 2012 but the asset quality of scheduled commercial banks turned around after a gap of seven years, during 2018/19, as recognition of bad loans neared completion


Mudit Kapoor
December 26, 2019
If you had made a lumpsum investment of Rs 1 lakh in Sensex on Jan 1, 2010, you would have collected Rs 2.33 lakh by now


BusinessToday.In
December 26, 2019
Share Market update: While Sensex fell 297 points to 41,163, Nifty lost 88 points to 12,126. Metal stocks helped to limit losses with BSE metal index rising 66 points to 10,221


BusinessToday.In
New Delhi, December 26, 2019
The International Monetary Fund in its latest report has pointed out discrepancies in calculating deflation, which is used to convert GDP at current prices to constant prices


PTI
December 25, 2019
Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals


Anand Adhikari
New Delhi, December 25, 2019
The 94 scheduled commercial banks, including public sectors lenders, together clocked losses of Rs 23,397 crore in 2017-18 and Rs 32,438 crore in 2018-19


Anand Adhikari
New Delhi, December 24, 2019
The Reserve Bank of India's (RBI) annual report raises concerns over the bad loan resolution, credit growth challenges, corporate governance issues in banks and possibility of defaults in retail assets


Naveen Kumar
New Delhi, December 24, 2019
Innovation in products will be the key factor, be it banking, mutual funds, insurance or loans


Rashmi Pratap
New Delhi, December 24, 2019
Political stability trumps deteriorating macroeconomic numbers as FPIs invest over Rs 92,477 crore in Indian equities till mid-December 2019


Ajita Shashidhar, Dipak Mondal and Joe C Mathew
New Delhi, December 24, 2019
Businesses across the country are indulging in large GST violations. No wonder there is a huge shortfall in collections


BusinessToday.In
New Delhi, December 24, 2019
The Disrupt or Die theme is apt for the times when technology is disrupting businesses across the value chain


BusinessToday.In
New Delhi, December 24, 2019
Reserve Bank of India Governor Shaktikanta Das has said that the Indian economy is manifesting signs of economic recovery. He said that the green shoots of growth in the economy can be ascertained by the steady growth in project costs sanctioned by banks and financial institutions as well as increased investment in fixed assets by India Inc; West Bengal chief minister Mamata Banerjee, who is eyeing pan-India support in her fight against the Citizenship Amendment Act, wrote to chief ministers and senior leaders of opposition parties on Monday, urging them to unite and chalk out a plan to \"save the country\"; India is now in the midst of a significant economic slowdown, the International Monetary Fund has said, urging the government to take urgent policy actions to address the current prolonged downturn. This and more on NewsBlast.


BusinessToday.In
New Delhi, December 24, 2019
Last month, the prime minter's office gave its nod to railways on the implementation of fare hike.


BusinessToday.In
New Delhi, December 24, 2019
Will have to wait two quarters to see if momentum of green shoots sustains, says RBI Governor Shaktikanta DasReserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is manifesting signs of economic recovery. He said that the green shoots of growth in the economy can be ascertained by the steady growth in project costs sanctioned by banks and financial institutions as well as increased investment in fixed assets by India Inc. However, the RBI chief sai...


PTI
New Delhi, December 24, 2019
With risks to the outlook tilted to the downside, the IMF Directors called for continued sound macroeconomic management


BusinessToday.In
December 24, 2019
RBI governor Shaktikanta Das further said that the total cost of projects sanctioned by banks and financial institutions rose from around Rs 37,000 in Q4 of FY19 to nearly Rs 46,000 crore in Q1 of FY20 and to over Rs 80,000 crore in Q2


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