Chanda Kochhar, family’s links to Videocon group date back to at least 2001
Chanda Kochhar and six members of the Kochhar family held shares in a little-known firm called Credential Finance Ltd, along with Videocon group, at least as far back as 2001, regulatory filings show. Three of More...
Forex reserves at life-time high of $424 bn as foreign currency assets rise
The country’s foreign exchange reserves hit a life-time high of $424.361 billion after rising by $1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said More...
Currency Market Calm Seen at Risk as Trade War Concerns Escalate
Global currency markets have remained remarkably sanguine even as mounting U.S.-China trade tensions roiled equities. How long can that uneasy calm last is the question strategists are now grappling with. Even More...
Euthanasia and Assisted Dying: A Look at the Laws
There are few topics as controversial as that of euthanasia. There are a small number of European countries, notably Switzerland, who have gained a reputation for a lax attitude towards assisted dying. However, More...
Currency circulation in India at 99% of pre-demonetisation level: RBI data
The demonetisation move on 8 December 2016 sucked out 86% of the currency in circulation. Photo: AP Mumbai: Currency in circulation in India stood at Rs17.78 trillion as on 16 February, reaching 98.94% of the More...
Rupee Up 9 Paise At 63.69, Climbs To New 1-Week High
The RBI fixed the reference rate for the dollar at 63.6439 and for the euro at 78.4538. Mumbai: Hardening its bullish stance, the rupee today strengthened by another 9 paise to close at a new one-week high 63.69 More...
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...
A Look at the Ever-Changing Car Industry in India
In the old days, owning a car was considered a status symbol but now it is a convenience that everyone has easy access to. Whether you are driving to office or dropping of your children at the school, cars have More...
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...
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...