Iran discovers gas field near Gulf: State media
Iran has discovered a gas field near the Gulf with enough reserves to supply the capital for 16 years, state media reported on Sunday. The Eram field contained 19 trillion cubic feet (538 billion cubic metres) of natural gas, the National Iranian Oil Company said, cited by official news agency...
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$60 bn investment coming in gas infrastructure: Pradhan
14 October 2019 | PTI -
India recognises need for environmentally sustainable development strategy: IMF
14 October 2019 | PTI -
India still fast-growing economy with lot of potential: Economist
14 October 2019 | PTI -
Cooperative sector needs regulatory mechanism: Goyal
14 October 2019 | PTI -
FM to meet CEOs of PSU banks today
14 October 2019 | PTI -
B’desh, Nepal ahead of India as growth in South Asia slows down: WB report
14 October 2019 | PTI -
FPIs pull out over Rs 6,200 cr in Oct so far
13 October 2019 | PTI
India still fast-growing economy with lot of potential: World Bank economist
India has been relatively hit hard by the recent global slowdown resulting in its projected growth dropping to 6.0 per cent in 2019, but it's still a fast-growing economy with a lot of potential, a top World Bank economist said on Sunday. "It's still a fast-growing economy. So even with the...
Concerns of PMC’s customers will be addressed: Sitharaman
Assuring account holders of troubled Punjab and Maharashtra Co-operative Bank of support, Finance Minister Nirmala Sitharaman on Saturday said that she has spoken to the RBI governor, who assured that customers’ concerns will be taken on top priority. The bank was put under “directions” by the Reserve Bank of India (RBI)...
More companies back away from Facebook’s Libra coin
Facebook’s digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency. Credit card giants Visa and Mastercard, online marketplace eBay and digital payments firm Stripe each announced they had changed their minds about being founding members of the Libra...
Boeing splits CEO, chairman role amid MAX crisis
Boeing unveiled a shift to its leadership structure on Friday as it manages the 737 MAX crisis, announcing that Dennis Muilenburg will remain chief executive but step down as chairman. The company said splitting the roles would allow Muilenburg to focus full time on running the company “as it works...
Choksi cheated Punjab & Sind Bank of Rs 441 m
The public sector Punjab & Sind Bank (PSB) has revealed around Rs 441 million loan exposure to the absconding diamantaire Mehul Chinubhai Choksi, here on Saturday. This is the first time the 111-year-old bank has come clean on the default perpetrated by Choksi, who has now settled as a citizen of...
Banks’ credit growth rate slows to 8.8%, shows RBI data
Indian banks’ credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore during the fortnight to September 27, according to the Reserve Bank of India supplementary data. During the same period, deposits climbed 9.4 per cent. Outstanding loans rose...
Telecom Infra revenue potential may touch Rs 31K cr by 2023: Study
Indian telecom infrastructure’s revenue potential is expected to reach Rs 21,500-Rs 31,000 crore by 2023, as latest information technology developments are driving demand for new business models, an EY study released on Friday evening said. However, in order to catch up with the revenue potential the sector will need investment in...
