The £150 million emergency funding expected by Jet Airways has been shot down to £20 million in the best case scenario, as lenders led by SBI await RBI's fresh norms for debt restructuring after Supreme Court last week struck down the central...
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
The £150 million emergency funding expected by Jet Airways has been shot down to £20 million in the best case scenario, as lenders led by SBI await RBI's fresh norms for debt restructuring after Supreme Court last week struck down the central...

The Supreme Court has ruled that the Reserve Bank of India's February 12, 2018 circular by which the central bank promulgated a revised framework for resolution...
The government of India sold over £110 million worth of Wipro shares
Currently operating 35 aircraft, Jet Airways may take the number to 75 by the end of this month in case it convinces lessors, who have grounded planes over unpaid dues

Bankruptcy Code was introduced in India for the early realisation of non-performing assets (NPAs), recovery of bank loans worth £18 billion and resolution...

Bank of Baroda has become the second largest public sector lender after SBI following the merger of Dena and Vijaya banks with it from April 1
Stoking in a fresh bout of controversy, former Reserve Bank of India (RBI) governor, Raghuram Rajan has raised doubts about the country's economy clocking seven per cent at a time when not enough jobs are being created, and called for an impartial...
Fitch Ratings cut India's GDP growth rate projection for the next financial year to 6.8 per cent, from its previous estimate of 7 per cent, on account of weaker-than-expected growth momentum
As many as 12,000 cases have been filed since the implementation of the insolvency law and setting of National Company Law Tribunal (NCLT), a senior government official said

According to the current trends, the India would be a $28 trillion economy by 2050, a ten-fold rise from the current $2.8 trillion