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Business - Page 502

Banks’ GNPAs at 12-yr low, may fall further to 2.5%: RBI report

27 Jun 2024 10:32 PM IST
Mumbai: The decline in bad assets of banks to a 12-year low of 2.8 per cent and strong GDP numbers will help in sustaining the growth momentum and...

RBI announces Rs 25,000 crore SAARC Currency Swap Framework for 2024-27

27 Jun 2024 10:32 PM IST
Mumbai: The Reserve Bank on Thursday introduced a Rs 25,000 crore separate INR Swap Window with various concessions for swap support in Indian Rupee...

Rs rises 12 paise to 83.45 against $

27 Jun 2024 10:31 PM IST
Mumbai: The rupee appreciated 12 paise to settle at 83.45 against the US dollar on Thursday, supported by a positive trend in equity markets and...

NHAI sets up dedicated cell to review DPRs of NHs

27 Jun 2024 10:30 PM IST
New Delhi: State-owned NHAI has set up a dedicated cell to review detailed project reports of national highway projects, an official statement said on...

UltraTech Cement to acquire 23% stake in Chennai-based rival India Cements for over Rs 1,900 crore in two tranches

27 Jun 2024 10:30 PM IST
New Delhi: The country’s leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements...

Network Planning Group evaluates 8 infra projects

27 Jun 2024 10:29 PM IST
New Delhi: The Network Planning Group (NPG) met on June 21 and evaluated eight infrastructure projects from railways and National Industrial Corridor...

ESOPs by foreign firms to employees of domestic subsidiary not to attract GST: CBIC

27 Jun 2024 10:28 PM IST
New Delhi: ESOPs given by foreign companies to employees of its Indian subsidiary at prevailing market value will not attract GST, the CBIC has said. ...

GST suppliers giving post-sale discount have to take undertaking from clients: CBIC

27 Jun 2024 10:25 PM IST
New Delhi: Suppliers giving post-sale discounts through credit notes under GST will have to ensure that the client gives an undertaking or a CA...

Sensex breaches 79,000 level, Nifty 24,000 peak for 1st time on gains in blue-chips

27 Jun 2024 5:06 PM IST
Mumbai: Benchmark Sensex breached the historic 79,000 mark while Nifty scaled the 24,000 peak for the first time on Thursday as buying in blue-chip...

Financial system remains resilient, gross NPAs of banks fall to multi-year low of 2.8 pc: RBI report

27 Jun 2024 4:23 PM IST
Mumbai: Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low...

RBI Guv asks financial system stakeholders to assign highest priority to governance

27 Jun 2024 4:19 PM IST
Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday asked all stakeholders in the financial system to assign "highest priority" to governance....

Spectrum auctions end on day 2, Airtel top buyer

27 Jun 2024 12:24 AM IST
New Delhi: Telecom czar Sunil Bharti Mittal's Airtel on Wednesday emerged as the biggest bidder for radio waves used to transmit mobile phone voice...
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