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

Punjab National Bank’s (PNB’s) woes don’t seem to be ending with the state-run lender reporting a loss of £475 million in the March quarter



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