[ad_1] Reliance’s refinery complex spans the horizon in Jamnagar: (Photo: Dhiraj Singh/Bloomberg) India’s Reliance Industries said on Thursday that it plans to temporarily shut three units at […]
RBI releases list of 15 NBFCs in upper layer under scale based regulations
[ad_1] The Reserve Bank of India (RBI) announced on Thursday the names of 15 non-banking financial companies (NBFCs) placed under the upper layer as per scale-based regulation […]
India’s WPI remains in deflation for fifth straight month in August
[ad_1] India’s wholesale price index (WPI)-based inflation contracted for the fifth consecutive month in August, even as its pace slowed. It rose to a five-month high […]
Aircraft skids-off at Mumbai airport during landing, no casualties reported
[ad_1] A Learjet-45 aircraft with eight occupants on board veered off the runway at Mumbai airport on Thursday as it attempted to land in heavy rain, sources […]
RBI says 15 large NBFCs to comply with enhanced regulatory requirements
[ad_1] Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced […]
Flipkart crosses 1.4 mn sellers ahead of its annual shopping event
[ad_1] Flipkart now has more than 1.4 million sellers on its platform — a 27 per cent growth year-on-year, said the e-commerce company on Thursday ahead of […]
India may cut market borrowing if small savings shoot up: Ajay Seth
[ad_1] Economic Affairs Secretary Ajay Seth India’s market borrowing could be less than expected for the current fiscal year if small savings are more than projected, Economic […]
LIC sells 2% shares in Sun Pharma via open market sale, stake now at 3.012%
[ad_1] Life Insurance Corporation of India (LIC) on Thursday announced that it has sold a 2.011 per cent stake in Sun Pharmaceuticals Industries Ltd. With this, its […]
Corporate tax collections seen in line with budget estimates: Ajay Seth
[ad_1] India’s corporate tax collections must be looked at over a longer period of time and the full-year numbers are likely to be in line with budget […]
Fitch retains India’s growth forecast at 6.3%, flags inflation risks
[ad_1] Fitch Ratings on Thursday retained India’s growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter […]