Tag archive for ‘at’
By Loknath Das On Monday, November 20th, 2017
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The More...

By Loknath Das On Tuesday, October 24th, 2017
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After dim Diwali, real estate firms stare at a dull year ahead

Diwali failed to brighten the real estate industry, which was anticipating sales to rocket in the festive week while the demand outlook continues to remain dim. “Sales did pick up during the festive period but More...

By Loknath Das On Sunday, October 22nd, 2017
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The More...

By Loknath Das On Friday, September 22nd, 2017
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SBI launches India’s first bond index series at London Stock Exchange

State Bank of India (SBI) on Friday launched India’s first bond index series for overseas investors at the London Stock Exchange (LSE). The FTSE SBI Bond Index Series, launched by India’s largest commercial More...

By Loknath Das On Tuesday, September 12th, 2017
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Petrol prices hiked: Rs 79 per litre in Mumbai, at highest since August, 2014

The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since Prime Minister Narendra Modi assumed office three years More...

By Loknath Das On Tuesday, September 12th, 2017
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RBI sets rupee reference rate at 63.9474 against dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 63.9474 against the US dollar and 76.5514 for the euro. The corresponding rates were 63.8859 and 76.7334, as on Monday. According More...

By Loknath Das On Thursday, August 31st, 2017
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Lenders Look To Offload At Least 30% Stake In Jaiprakash Power Ventures: Report

Mumbai: Creditor banks of Jaiprakash Power Ventures Ltd are seeking bidders to buy a stake of at least 30 percent in the Indian power producer, the majority of which they jointly own, a banker involved in the sale More...

By Loknath Das On Friday, August 25th, 2017
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Banks Stare At Union Strike On August 22

New Delhi: Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU (United Forum of Bank Unions) have threatened to go on strike against the government’s proposed consolidation More...

By Loknath Das On Friday, August 18th, 2017
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Export Growth At 8-month Low In July; Trade Deficit Widens

New Delhi: India’s export growth slowed to eight-month low of 3.94 per cent in July, while the trade deficit widened to $11.44 billion on account of high gold imports, official data released on Monday showed. The More...

By Loknath Das On Saturday, July 29th, 2017
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U.S. Economy Grew At 2.6 Percent Rate In 2nd Quarter

The U.S. economy grew at an annual rate of 2.6 percent between April and June. It was nice comeback from the tepid 1.2 percent annual growth rate of the first quarter and more in line with the turbo-charged growth More...