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Privatisation has been sluggish because of challenges like approvals, land acquisition; regulatory uncertainty primarily pertaining to fixation of aeronautical tariffs.

Invest Rs 1.4 lakh crore to improve airports

The total passenger traffic for FY2017 is estimated to be around 265 million, which means capacity utilisation of more...

10 March 2017 6:33 AM IST

RCom Chairman Anil Ambani addressing a press conference in Mumbai.

Yes, we can reduce RCom's Rs 45K crore debt: Ambani

Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.

3 Jun 2017 10:12 AM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Govt under pressure to cut excise duty on auto fuels: Icra

Brent prices have jumped 40 per cent to around USD 67 per barrel this month from USD 48 in November 2016.

29 Dec 2017 3:44 PM IST

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Centre to borrow Rs 50,000 crore more

The finance ministry said that there will be no change in the net borrowing as envisaged in the Budget for FY18.

28 Dec 2017 12:08 AM IST

Heres a list two-wheelers that were showcased at the 2016 Delhi Auto Expo but are yet to be launched.

Two-wheeler industry to grow as note ban woes wear off

The two-wheeler industry had witnessed a decline of 6.5 per cent post the note ban but is expected to grow by 8-10 per...

5 Jun 2017 5:21 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Rate cut call gathers steam after inflation eases

RBI to ease interest rate, highlighting the need to boost investment for creation of jobs.

14 Jun 2017 3:35 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

State-run banks need Rs 95,000 crore fresh capital

Moody's rate PSU banks weak; puts onus on the Centre.

9 Jun 2017 3:53 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank sets up dept to manage bad loans

IDBI Bank's annual loss for 2016-17 widened to Rs 5,158 crore, as against Rs 3,665 crore in the previous fiscal.

8 Jun 2017 5:52 PM IST

The RBIs asset quality review (AQR) in 2015 was an important catalyst in pushing banks to recognise some large accounts as being impaired.

Banks need Rs 95,000 cr capital, stressed assets to rise: Moody's

Gross Non Performing Assets or bad loans will increase to Rs 8.2 -Rs 8.5 lakh crore by the end of 2017-18.

8 Jun 2017 3:31 PM IST

Home ministry sources noted most developed nations now changed the security features of their currency notes every three to four years.

Rise in NPAs leads to sharp dip in MFI capital

This was primarily seen in states where local body or assembly elections were due.

18 April 2017 3:05 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI may cut rate by 0.25 pc in policy review: ICRA

CPI inflation in the ongoing quarter is expected to remain below the forecast of 5 per cent.

6 Feb 2017 4:41 PM IST

However, HFCs operating in the affordable housing space, with a total portfolio of Rs 1.2 lakh crore, continued to grow at a faster pace of 28 per cent in FY17 compared to the industry.

Housing credit dips 16 per cent in FY17

CRA expects affordable housing finance to continue to outpace the industry, going forward as well.

21 Jun 2017 6:13 AM IST