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RBI to inject Rs 40,000 cr liquidity in December RBI to inject Rs 40,000 cr liquidity in December

Yielding to the liquidity concerns raised by the government, the Reserve Bank of India (RBI) on Tuesday said it will "inject durable liquidity" of Rs 40,000 crore through open market operations (OMOs) in December. ....


400 districts to have city gas networks in 2-3 years: Modi 400 districts to have city gas networks in 2-3 years: Modi

Around 400 districts in the country will be covered city gas distribution (CGD) networks in the next 2-3 years, taking India closer to realising a gas-based economy, Prime Minister Narendra Modi said on Thursday. ....


Chinese investors likely to commit $30 mn in 8 Indian start-ups Chinese investors likely to commit $30 mn in 8 Indian start-ups

Chinese venture capital (VC) funds are likely to invest around $30 million in eight Indian start-ups, the Ministry of Commerce and Industry said after the 2nd Startup India Investment Seminar held in Beijing on Tuesday. ....


Jet Airways Jet Airways' Q2 standalone net loss at Rs 1,297 crore

Jet Airways on Monday reported a net loss of Rs 1,297.46 crore for the second quarter ended September, against a net profit of Rs 49.63 crore a year ago. ....


GST a monumental reform, hurt growth for just 2 quarters: Jaitley GST a monumental reform, hurt growth for just 2 quarters: Jaitley

Finance Minister Arun Jaitley on Sunday termed the Goods and Services Tax as a 'monumental' reform, emphasising that the implementation of the indirect tax had impacted economic growth for only two quarters. ....


Nirav Modi declared Nirav Modi declared 'proclaimed absconder' in customs case

A Gujarat court on Thursday declared fugitive diamantaire Nirav Modi as a "proclaimed absconder" in a customs duty evasion case filed in March and ordered him to appear in person on November 15. ....


PNB fraud: ED arrests Choksi PNB fraud: ED arrests Choksi's Hong Kong firm director

The Enforcement Directorate on Tuesday said that it has arrested from Kolkata a director of a shell company of fugitive diamentaire Mehul Choksi in the Rs 13,500 crore Punjab National Bank (PNB) fraud case. ....


RBI looked the other way when banks lent freely, ran up NPAs: Jaitley RBI looked the other way when banks lent freely, ran up NPAs: Jaitley

Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming. ....


No liquidity crunch in NBFCs, inflation under control: RBI No liquidity crunch in NBFCs, inflation under control: RBI

The Reserve Bank of India (RBI) on Tuesday said there was no liquidity crisis in the non-banking financial companies, assuaging the government's concerns that a cash crunch in the shadow banking space could have a ripple effect through the wider economy. ....


India, Japan to start 2+2 Ministerial Dialogue India, Japan to start 2+2 Ministerial Dialogue

India and Japan will start a 2+2 Ministerial Dialogue involving their respective foreign and defence ministers to work for peace and stability in the world, Indian Prime Minister Narendra Modi Narendra Modi said on Monday. ....


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The New Zealand Cricket Board cancelled their tour of Pakistan due to security concerns la

 

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 
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