Hoping that monsoon will have a positive impact, the SBI chairman said increased spending by the government and the upcoming festival season would boost demand.
As per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,000.
In the print media sector, 26 per cent FDI is allowed through government approval route. Similarly, 49 per cent FDI is permitted in broadcasting content services through government approval route.
According to the depository data, foreign portfolio investors (FPIs) sold equities worth Rs 10,416.25 crore on a net basis during August 1-16 period.
TCS, HDFC Bank, Hindustan Unilever Limited (HUL), HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI closed the week with losses.
More than 1,200 restaurants in several major Indian cities have reportedly de-listed themselves from the dine-in programmes of services like Zomato over the 'unsustainable' deep discounts offered by the aggregators.
The debt position of Coffee Day Group post repayment of debt out of proceeds from sale of Global Village is expected to be around Rs 1,000 crore in the next 45 days.
The charge sheet details the roles of the directors and others in allegedly perpetrating the funds crisis and alleges corrupt practices were adopted by them that led to financial bunglings.
In Afghanistan’s protracted war, weddings have provided a rare respite from the violence. On Saturday, a bomber took away even that.
After days of violence and warnings from the Chinese government, organizers estimated at least 1.7 million people had turned out, making it the second- largest march of the protests.
Violence against women is driving an exodus of migrants from Central America, but the Trump administration is determined to deny them asylum.
Four million people in one state are at risk of being denied citizenship in a government campaign critics say is driven by a Hindu nationalist agenda.
With women far outnumbered by men in China, some Chinese men are importing wives from neighboring countries, and using force to do so.