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As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India needs to bolster level of capitalisation of government-owned...

The level of non-performing loans (NPLs) in India remains high.

11 April 2019 10:21 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Sensex: Rs 5.86 lakh crore investor wealth wiped out as markets fall...

BSE Sensex has lost 1,367.99 points, or 3.48 per cent, in five sessions. On Wednesday, it closed at 37,847.65

24 July 2019 7:00 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS = Rs 7,000,000,000,000

Becomes 1st first Indian firm to hit Rs 7Lakh crore; ends at Rs 6.87Lakh crore.

26 May 2018 12:43 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Fitch downgrades PNB's rating on deteriorating credit profile

VRs represent the capacity of the bank to maintain ongoing operations and to avoid failure.

4 Jun 2018 5:24 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Bull Run continues for 4th straight day

The rupee once again breached the 70-mark against the US dollar amid robust demand for the greenback.

24 Aug 2018 12:41 AM IST