Report

COMPANIES 

About 200 US companies seeking to move manufacturing base from China to India: Report

April 28, 2019 Loknath Das 200, About, base, China, COMPANIES, From, India, Manufacturing, move, Report, seeking, to, US

Washington: About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based

Read more

LOANS 

Banks yet to Tag Rs 3.5 Trillion Stressed Corporate Loans as NPAs: Report

February 6, 2019 Loknath Das 3-5, as, banks, Corporate, Loans, NPAs, Report, Rs, Stressed, tag:, to, Trillion, yet

Mumbai: Around Rs 3.5 trillion or 3.9% of the stressed corporate loans continue to remain unrecognised on the books of banks

Read more

BANKING & SAVING 

LIC gets Irdai nod to buy 51% stake in IDBI Bank: Report

June 30, 2018 Loknath Das 51%, Bank, Buy, IDBI, in, Irdai, LIC gets, Nod, Report, stake, to

Insurance Regulatory and Development Authority of India (Irdai) on Friday permitted Life Insurance Corporation of India (LIC) to buy up

Read more

ECONOMY 

Dark net, bitcoin being used to smuggle drugs: Report

March 26, 2018 Loknath Das being, bitcoin, Dark, drugs, net, Report, smuggle, to, Used

The “increasing” trend of using the ‘dark net’ and bitcoins to smuggle pharma medicines and illicit drugs to untouched segments

Read more

BANKING & SAVING 

Banks Set To Raise Lending Rates, Pre-Empting RBI, Says Report

February 14, 2018 Loknath Das banks, lending, Pre-Empting, raise, rates, RBI, Report, Says, set, to

New Delhi/Mumbai: India’s struggling economy is facing a new challenge: banks are raising interest rates even though the Reserve bank

Read more

LOANS 

Organised Gold Loan Industry To Touch Rs. 3.1 Lakh Crore By Fiscal 2020, Says Report

January 17, 2018 Loknath Das 2020:, 3.1%, By, crore:, fiscal, gold, Industry, lakh, Loan, Organised, Report, Rs, Says, to, Touch

Since gold loans are securitised, lenders can recoup the full principal amount if the borrower defaults New Delhi: India’s organised gold

Read more

BANKING & SAVING 

RBI likely to cut rates in December 6 policy review: Report

October 30, 2017 Loknath Das 6, Cut, December, in, Likely, policy:, rates, RBI, Report, review, to

The Reserve Bank is likely to cut rates at its December 6 policy review meet as retail inflation remains muted

Read more

ECONOMY 

Currency impact on North American companies’ second quarter results up vs first quarter: report

October 4, 2017 Loknath Das American, COMPANIES, Currency, first, impact, North, on, quarter, Report, results, second, up, vs.

NEW YORK (Reuters) – The negative effect of currency fluctuations on North American companies’ results in the second quarter rose

Read more

ECONOMY 

21,000 People Disclose Rs. 4,900 Crore Black Money Under PMGKY: Report

September 8, 2017 Loknath Das 000, 21, Black, Disclose, Money, People, PMGKY:, Report, Rs.4900Crore, Under

New Delhi: Black money worth Rs. 4,900 crore was disclosed by 21,000 people under the Pradhan Mantri Garib Kalyan Yojna

Read more

ECONOMY 

SUVs, Luxury Cars To Cost More As GST Cess Hiked To 25%: Report

August 31, 2017 Loknath Das 25, as, cars, cess, cost, GST, Hiked, luxury, more, Report, SUVs, to

Sport-utility vehicles (SUVs), luxury and midsized cars that had become cheaper after the rollout of GST (Goods and Services Tax)

Read more