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Business

Stimulus termed inadequate

The Modi government came in for stinging criticism for cobbling an economic stimulus package that was “g...

IMF cuts forecast

The IMF has lowered its growth forecast for the country to 9.5 per cent for this fiscal from its earlier proje...
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Dr Reddy’s Lab plays spoilsport

Dr Reddy’s Laboratories (DRL) on Tuesday disappointed the Street as it reported a 36 per cent drop in ne...

SC to vet EA’s Future verdict

The Supreme Court on Tuesday said it would decide whether Singapore’s Emergency Arbitrator (EA) award, r...

Bank trio report mixed NPA trend

Canara Bank and Uco Bank on Tuesday reported a drop in their gross non-performing asset ratios for the quarter...

IndiGo loss at Rs 3,174cr

InterGlobe Aviation, parent of the country’s largest airline IndiGo, on Tuesday reported a net loss of R...

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Business  /  Published 26.07.21

India's GDP growth expected to be 8.8-9%

The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors, Care Ratings said in a report. The c...
By Our Bureau, PTI in Mumbai

Business  /  Published 26.07.21

Sensex slips 123 points to close at 52,852

  Equity benchmark Sensex declined over 120 points on Monday, tracking losses in index heavyweights Reliance, SBI and HDFC twins amid a largely subdued trend in global markets. The 30-share BSE...
By Our Bureau, PTI in Mumbai

Business  /  Published 26.07.21

Nirmala: No plan to print money

  The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliam...
By Our Bureau, PTI in New Delhi

Business  /  Published 26.07.21

Sensex slips over 192 points in early trade

  Equity benchmark Sensex tumbled over 192 points in early trade on Monday, tracking losses in index majors HDFC twins, ICICI Bank and Reliance Industries amid unabated foreign fund outflows. A...
By Our Bureau, PTI in Mumbai

Business  /  Published 26.07.21

Audi launches 3 electric SUVs

German luxury car maker Audi has made its debut in India in the EV space with the launch of three electric SUVs — the Audi e-tron 50, Audi e-tron 55 and Audi e-tron Sportback 55. The e-SUVs will...
By Anasuya Basu in Calcutta

Business  /  Published 26.07.21

RIL gas expansion

Reliance Industries Ltd (RIL) will start natural gas production from the MJ field — the third and the last set of discoveries that the company is developing in the eastern offshore KG-D6 block &...
By PTI in New Delhi

Business  /  Published 26.07.21

ICICI: the boss forfeits salary

Sandeep Bakhshi, the managing director and CEO of ICICI Bank, did not take his salary in Covid-hit 2020-21, the annual report of the private sector lender showed. Bakhshi is perhaps the only instance...
By Our Bureau in Mumbai

Business  /  Published 26.07.21

3 PSU bank chiefs to get extension

The finance ministry has moved a file to extend the tenure of three public sector banks’ managing directors, including Punjab National Bank (PNB), according to sources. Besides, the sources sai...
By PTI in New Delhi

Business  /  Published 26.07.21

Higher bid for JSPL power arm

JSPL on Sunday announced it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divesting its subsidiary company Jindal Power Limiter (JPL). Jindal Steel and Power Limite...
By PTI in New Delhi

Business  /  Published 26.07.21

Piaggio to offer all fuel options

Piaggio India will remain fuel agnostic and offer its customers the choice of diesel, petrol and CNG powertrains. “We are going to let the customer be free to decide what to use as it is a ques...
By Our Special Correspondent in Calcutta


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