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SC seeks list of companies defaulting on loans of over Rs.500 crore

New Delhi, Feb 16 (IANS) The Supreme Court on Tuesday asked the Reserve Bank of India to furnish a list of companies which are in default of loans by banks and financial institutions in excess of Rs.500 crore or whose loans have been restructured under corporate debts restructuring scheme. While asking the RBI to file an Full Article

India’s wholesale inflation marginally down in January

New Delhi, Feb 15 (IANS) Seasonal softening in food prices and a sharp drop in fuel costs helped India’s annual wholesale rate of inflation decline marginally to (-)0.90 percent for ...Full Article

‘Internet to influence $11 bn of beauty, hygiene sales in India by 2020′

Mumbai, Feb 12 (IANS) Capturing the growing influence of the internet on beauty and hygiene (B&H) products, a report released by Google and Bain & Co. on Friday revealed it ...Full Article

India, UAE sign four agreements

New Delhi, Feb 11 (IANS) India and the UAE signed four agreements across various sectors on Thursday, the second day of the three-day visit to India of Sheikh Mohamed bin ...Full Article

US dollar to be blamed for economic slowdown: Forbes

New York, Feb 9 (IANS) While it is easy to blame the slowing of the US economy on foreigners, a recent article published by The Forbes has said that rise ...Full Article

Jaitley says GST will be in place soon, reforms to continue

New Delhi, Feb 4 (IANS) Finance Minister Arun Jaitley said again on Thursday that the goods and services tax regime (GST) will become a reality soon, and added reforms in ...Full Article

Wipro targets $15 bn revenue by 2020

Bengaluru, Feb 2 (IANS) India’s third largest IT firm Wipro Ltd has set a revenue target of $15 billion from its global IT services business by 2020, with 23 percent ...Full Article

India’s fiscal deficit at 88 percent of target in 9 months

New Delhi, Jan 30 (IANS) India’s fiscal deficit has touched 88 percent of the annual target as on end-December 2015, even as tax revenue crossed the two-thirds mark, as per ...Full Article

Rupee closes above 68-mark, weakens by 17 paise

Mumbai, Jan 28 (IANS) The Indian rupee continued on its downward trajectory for the third consecutive session on Thursday. The rupee closed above the 68-mark against the US dollar during ...Full Article

Chinese banks face more risk amid volatility: Moody’s

Beijing, Jan 26 (IANS) Credit ratings agency Moody’s has highlighted the increased uncertainty and risk that Chinese banks face amid volatility in interest rates, exchange rates, stock prices and fund ...Full Article