EconomyLoop
where regional business news becomes global to everyone

Bandhan Bank focuses on gold loan, initiates listing process

In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing on gold loans along with affordable housing segment, a top official said on Thursday.... read more

 Zee India News38 minutes ago

     
Infosys shares rise on reports co-founder Nandan Nilekani may return to board

Shares in Infosys rose for a third straight day on Thursday, following reports that former Chief Executive Nandan Nilekani could return to the board to help the software services exporter ride out its latest controversy.... read more

 Zee India News38 minutes ago
Focus on small businesses to drive manufacturing: Mahindra

Asserting that domestic manufacturing has not lost its mojo, business leader Anand Mahindra has said “a new round of boom is upon us,” and sought increased public policy focus on small businesses so t... read more

 The Hindu1 hour ago
Focus on small businesses to drive manufacturing: Anand Mahindra

Asserting that domestic manufacturing has not lost its mojo, business leader Anand Mahindra has said "a new round of boom is upon us," and sought increased public policy focus on small businesses so that they drive this next wave of growth.... read more

 Zee India News1 hour ago
Acharya warns of pitfalls of debt—driven “furious growth”

Acharya said it’s too much to expect that private capex will suddenly and quickly come back given the large bad assets... read more

 The Hindu1 hour ago
Sensex climbs over 110 points after Asian uptrend

Indian stocks on Thursday shrugged off weakness in US markets as the Sensex surged over 110 points, with domestic investors doing the job amid positive Asian cues.Stocks strengthened in the face of a ... read more

 The Hindu1 hour ago
Revised Nitaqat scheme: Indian workers in Saudi Arabia to be hit hard

The latest revision allows only a few number of organisations with high grades to apply for new block visas from September 2017... read more

 Zee India News1 hour ago
From Kohli's Nueva to Tendulkars: Celebrity restaurants can leave a bad taste in the mouth

Celebrity ownership does act as an initial draw, but once the enthusiasm and sampling ebbs, most such restaurants flounder... read more

 Business Standard1 hour ago
Rupee goes up 7 paise to 64.05

The rupee on Thursday went up 7 paise to 64.05 against the dollar that remained shaky after US President Donald Trump’s comments about a government shutdown.The dollar’s global weakness was mostly an ... read more

 The Hindu1 hour ago
Petrol, diesel price on 24th August 2017: Check out the rates here city-wise

Here is the city-wise list of petrol, diesel price for 24th August 2017.... read more

 Zee India News2 hours ago
Rail accidents fallout: Prabhu offers to quit; PM Modi asks him to wait

Prabhu met PM Modi after a meeting of the Cabinet on Wednesday and left the city soon after... read more

 Business Standard2 hours ago
Air India's posh Mumbai flats are on sale and bidding starts at Rs 10 cr

Air India expects to get atleast Rs 305 crore from the sale of 42 apartments... read more

 Business Standard2 hours ago
Govt's proposed pharma marketing rules hit law ministry roadblock

Law ministry has rejected the draft that was prepared by the Department of Pharmaceuticals... read more

 Business Standard3 hours ago
Govt to speed up state bank mergers for economic revival, tackling NPAs

Banking sector reforms are a major plank of Modi's administration to revive credit growth... read more

 Business Standard3 hours ago
Doklam standoff: India, China trade ties to be hit; in crisis, what can really happen

The bilateral trade stands at around $70 billion and the trade balance is heavily skewed in favour of China The post Doklam standoff: India, China trade ties to be hit; in crisis, what can really happen appeared first on The Financial Express.... read more

 Financial Express4 hours ago
One of the biggest ever global tenders issued by Narendra Modi government for 234 helicopters for Indian Navy

The Request for Information has been sent to several companies for 111 Naval Utility Helicopters and 123 Naval Multi-role Helicopters, with anti-submarine warfare capabilities The post One of the biggest ever global tenders issued by Narendra Modi go... read more

 Financial Express4 hours ago
GST amount collected hits Rs 50,000 cr mark from 20 lakh businesses

Rs 20,000 crore has come in as integrated GST, Rs 5,000 cr has been paid by assessees by way of cess on demerit goods and the remaining Rs 25,000 crore has come in as central GST and state GST The post GST amount collected hits Rs 50,000 cr mark from... read more

 Financial Express4 hours ago
New Rs 200 note coming; Get up close and personal with new currency note; it will make history

Finance minister Arun Jaitley, however, made it clear that the government was not considering banning Rs 2,000 notes The post New Rs 200 note coming; Get up close and personal with new currency note; it will make history appeared first on The Financi... read more

 Financial Express4 hours ago
Railways unit Bharat Wagon ordered shut by Narendra Modi government

A government release on Wednesday said a one-time grant of Rs 151.18 crore towards severance package and clearing of current liabilities will be provided to the company benefiting 626 employees through the voluntary retirement scheme to be offered at... read more

 Financial Express4 hours ago
Debt resolution top priority in insolvency process, says IBBI chief MS Sahoo

Under the Insolvency and Bankruptcy Code, resolution is left with the imagination of the market participants and they are free to take any call in regards to an entity, which is down with indebtedness The post Debt resolution top priority in insolven... read more

 Financial Express4 hours ago
Shrimp Exports: India turns world No 1 in 2016

Seafood exports from the country hit an all-time high last fiscal with the total revenue touching $5.78 billion, or Rs 37,870.90 crore, by exporting 11,34,948 tonne seafood products, largely due to a robust demand for frozen shrimp and fish. The post... read more

 Financial Express6 hours ago
Train derailments: Railway Board chief quits; Prabhu offers to resign

Air India CMD Lohani to take over as the board's chairman... read more

 Business Standard9 hours ago
Viral Acharya blames RBI’s forbearance schemes for NPA issue

RBI Deputy Governor Viral Acharya today conceded that the Central bank's "forbearance schemes" were partly to blame for the bad loan mess, and suggested a counter-cyclical approach to avoid its repeat in future. The post Viral Acharya blames RBI's f... read more

 Financial Express9 hours ago
PM Narendra Modi wants India to become number one nation by 2022, Bandaru Dattatreya

Prime Minister Narendra Modi wants citizens to participate in the movement for making India the number one nation in the world, Union Labour Minister Bandaru Dattatreya said here today. The post PM Narendra Modi wants India to become number one nati... read more

 Financial Express9 hours ago
Govt clarifies on GST on newspaper ad space sale

The newspaper would have to pay 5% GST on the revenue earned from space selling... read more

 Business Standard10 hours ago
Modi govt's Mandal redux with panel to ensure quota benefits reach OBCs

New Delhi, August 23In a decision with abundant electoral possibilities, the Narendra Modi-led union cabinet on Wednesday approved setting up of a commission to examine whether sub-quotas need to be created for the marginalized castes in the central ... read more

 Business Standard10 hours ago
I thought EPW would be less susceptible to corporate pressure: Paranjoy

I have never concealed the fact that I am proud of being a reporter, says Paranjoy... read more

 Business Standard10 hours ago
Home sales recover as Mumbai touches 7-yr high

Across the eight cities, sales rose 21% in the first quarter after 15% decline in the fourth quarter... read more

 Business Standard10 hours ago
RIS takes lead to make Asian, African think tanks share best practices

Banks in India and in Brazil are both battling a surge in bad loans... read more

 Business Standard10 hours ago
Steel promoters must bring in more capital: Arundhati Bhattacharya

India Ratings & Research maintains a negative outlook on the steel sector for FY18... read more

 Business Standard11 hours ago
Ashwani Lohani deboards Air India; Rajiv Bansal to be interim CMD

Bansal is taking over as Air India CMD at a time when the government is working on the modalities for the disinvestment of the loss-making national carrier.... read more

 Zee India News11 hours ago
ITI targets ?7,000-crore Army project

Deal involves providing and maintaining communication equipment, network over a 13-year period... read more

 The Hindu11 hours ago
MSTC set to launch forward trading in niche horticulture products

The government owned mini-ratna MSTC Ltd is planning to launch forward trading in niche horticulture products to support its recently launched nationwide electronic portal - eRaKAM.The online trading platform which primarily deals in foodgrains, vege... read more

 Business Standard11 hours ago
Steel makers anxious as iron ore miners up prices over export demand

62 Fe grade iron ore prices rise by over 9% in 2 weeks as global prices climbed on China demand... read more

 Business Standard11 hours ago
UK importers warn of EU shrimp import ban

Federation asks minister to resolve issue & overhaul export safety rules... read more

 Business Standard11 hours ago
Oct WTO meet to see India push for trade agreement on services

With its eye on the December ministerial of the World Trade Organization (WTO), India is expected to push its proposal on trade facilitation agreement on services (TFS) at an upcoming WTO meet in October.The WTOs biennial ministerial meet, to be held... read more

 Business Standard12 hours ago
SpiceJet says excess baggage fee needed to keep fare lucrative

No-frills carrier SpiceJet, that has hiked excess baggage rates, on Wednesday said the charges would help low-cost carriers like it remain competitive in the market.... read more

 Zee India News12 hours ago
Google and Walmart team up to take on Amazon

Wal-Mart, the world`s biggest retailer, and Google, the internet`s predominant search engine, are teaming up in an attempt to challenge Amazon`s growing dominance in online shopping.... read more

 Zee India News12 hours ago
Aadhaar numbers: An equation that doesn't add up

Accounting errors, vagaries of statistics are subverting the country's move... read more

 Business Standard12 hours ago
WTO mini-ministerial meet in Oct to give political impetus to trade talks

Ministers of some World Trade Organisation (WTO)-member nations, including India, are likely to meet at Marrakech, Morocco in October to give a ‘political’ impetus to the ongoing negotiations for a gl... read more

 The Hindu12 hours ago
Wage hikes in China bring some jobs and factories back to Japan

While there is no end in sight to off-shoring by Japanese companies, signs are emerging that surging wages in China are encouraging at least some of them to bring jobs, factories and businesses back home. The post Wage hikes in China bring some jobs ... read more

 Financial Express12 hours ago
Agriculture exports may grow to $100 billion by 2022: Experts

Agriculture's contribution to India's economy extends beyond the rural economy and encompasses many activities in manufacturing and services sector. The post Agriculture exports may grow to $100 billion by 2022: Experts appeared first on The Financi... read more

 Financial Express12 hours ago
‘Banks must tighten bankruptcy norm’

Lenders should start proceedings over NPAs beyond 3 months: RBI’s Acharya... read more

 The Hindu12 hours ago
Global reports of data theft by smartphone makers prompted govt vigilance

Studies showed how data from China-made phones went to home country, triggering India's probe... read more

 Business Standard12 hours ago
Over 1.9 million file GST returns

GSTN hopes number will double by deadline... read more

 Business Standard12 hours ago
Shutters down for sick rail PSU

Cabinet nod for railway PSU BWEL’s closure The Cabinet Committee on Economic Affairs approved the closure of Bharat Wagon and Engineering Company Limited (BWEL), a central PSU under the Railways Minis... read more

 The Hindu12 hours ago
Data protection firm Druva raises $80 million

Data protection start-up Druva raises $80 millionDruva, a data-protection start-up that counts NASA and French fashion brand Louis Vuitton among its customers, announced a $80 million growth equity fu... read more

 The Hindu12 hours ago
Rane Brake Lining Q1 sales dips 30%

Dealers lowered stocks owing to GST implementation... read more

 The Hindu12 hours ago
Global reports of mobile data theft prompted govt vigilance

Studies showed how data from China-made phones went to home country, triggering India's probe... read more

 Business Standard12 hours ago
New mechanism to spur PSB mergers

Cabinet gives in-principle approval for oversight body... read more

 The Hindu13 hours ago