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  Business   Economy  01 Jun 2018

Business, Economy, 01 Jun 2018

PNB pins hope on asset sale, IBC resolution to raise Rs 13,000 cr

Moody's Investors Service had last month downgraded PNB's rating citing impact of the recent USD 2 billion fraud.

01 Jun 2018 6:49 PM

State-run banks wiped out the USD 13-billion capital infusion by the govt

Around 19 of the 21 state-run banks reported losses for the fiscal, including country's largest lender SBI.

01 Jun 2018 3:36 PM

Retail inflation for industrial workers softens to 3.97 pc in April

Food inflation stood at 1.33 per cent against 1.68 per cent of the previous month.

01 Jun 2018 3:06 PM

GST collections in May drop to Rs 94,016 crore

Total GST compensation released to the states for the FY 2017-18 (July 2017 to March 2018) has been Rs 47,844 crore.

01 Jun 2018 1:03 PM

HDFC Bank recognized for best practices in payment security

For the second time in a row, the bank has won the award in the India and South Asia category.

01 Jun 2018 12:30 PM


Manufacturing PMI growth slows in May, inflationary pressures pick up

India GDP grew at its fastest annual pace in nearly two years during the January-March quarter.

01 Jun 2018 10:49 AM

Non-food credit growth up to 10.7 per cent for April: RBI

Priority sector loans growth slowed down to 5 per cent from the 5.7 per cent in the year-ago period.

01 Jun 2018 9:33 AM

IMF urges countries to work together to reduce trade barriers

For the first time in a long time, trade is growing faster than global GDP, and spreading recovery around the world.

01 Jun 2018 8:31 AM

GDP growth up to 7.7 per cent in Q4

It’s much higher than China’s 6.8%.

01 Jun 2018 2:07 AM