The UK Department of International Trade has pegged a 49.2 per cent increase in the export of Scotch whisky, gin, and other UK drinks to India in the last...
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20th May 2019 | Updated at 12:12am 20th May 2019
Etihad eyes minority stake in Jet Airways
The Abu Dhabi airline Etihad has re-entered the fray to pick up a stake in beleaguered Jet Airways and will compete with two “unsolicited bids” that were submitted to State Bank of India last week
Essar opposes Arcelor bid over ties to loan defaulters
The promotors of Essar Steel have opposed ArcelorMittal’s bid to purchase the troubled metals maker by bringing to the appellate tribunal’s notice that the Luxembourg-based firm’s shareholder Lakshmi Mittal had “suppressed vital facts” regarding...
World Bank Chief Economist for the South Asia Region, Hans Timmer said that India's economic growth in recent years has been "too much" driven by domestic...
The government is expected to close 2018-19 with a £6 billion shortfall in direct tax collections with mop-up till last week estimated at £113.8 billion, compared to the revised target of £120 billion
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...
