Photo has been used for illustrative purposes.
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank. The minimum investment for SBI would be Rs5,500 crore if it picks 26 per cent stake in Yes Bank.
Moody’s Investor Service changed the outlook for the Indian banking system to negative as stress on the sector is likely to rise with the coronavirus outbreak and higher defaults.
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the gross fiscal deficit has adhered to budgetary targets, and that the current account deficit is expected to be around 2.5 per cent of the GDP in 2018-19. Das said this earlier this week while speaking at the “Governor Talks”
India’s foreign exchange reserves continued their upward trajectory during the week ended Dec.20 to touch a new record high. The Reserve Bank of India’s reserves rose by $456 million during the week under review, official data showed.
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted a business event on the sidelines of Gulfood,
With the civil aviation industry almost fully recovered after the steepest fall in passenger numbers due to the 21st century’s second pandemic,
The Singapore Airshow kicked off on Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner,