Auto cos slash production to drive through slowdown

The crisis in the auto sector is deepening and leading companies are going for production cut to drive through the slowdown

No need for pessimism over 5% growth, says FM

India's finance minister Nirmala Sitharaman said that there was no need for unnecessary pessimism as far as 5% GDP growth is concerned

The number of fresh cases admitted for resolution has seen a decline for only the second time since the enactment of the Insolvency & Bankruptcy Code (IBC), indicating that there may be fewer companies in the system that are under financial...

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