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PSBs may report net profit of Rs 23,000-37,000 crore in FY20Business
PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 March 2019 10:26 AM IST

$5 billion currency swap could help rates, rupeeBusiness
$5 billion currency swap could help rates, rupee

This could also bring interest rates down and prevent any sharp appreciation in the rupee.

15 March 2019 12:40 AM IST

CBRE to hire 3,000 employees in India to grow businessBusiness
CBRE to hire 3,000 employees in India to grow business

At present, CBRE India has around 8,300 employees who provide various services in the real estate sector.

14 March 2019 5:02 PM IST

The Organization of the Petroleum Exporting Countries on Monday predicted non-member countries would see output rise in 2017, revising its previous expectations of a drop.Business
ONGC-'s Mumbai High, Vasai East came close to being sold, stopped...

The proposal brought before the panel was to boost stagnant output from ageing fields of public sector oil companies.

14 March 2019 3:07 PM IST

WPI inflation rises to 2.93 per cent in FebruaryBusiness
WPI inflation rises to 2.93 per cent in February

WPI based inflation stood at 2.76 per cent in January, 2019. WPI inflation stood at 2.74 per cent during February 2018.

14 March 2019 12:34 PM IST

RBI to inject liquidity worth USD 5 billion into systemBusiness
RBI to inject liquidity worth USD 5 billion into system

Under the swap auction, minimum bid size would be USD 25 million and in multiples of USD 1 million thereafter.

14 March 2019 9:18 AM IST

Pvt manufacturing firms posted 24.9 pc growth in net profit in Q3: RBIBusiness
Pvt manufacturing firms posted 24.9 pc growth in net profit in Q3: RBI

The companies posted a net profit of Rs 77,500 crore in third quarter of fiscal compared to Rs 57,800 crore in year-ago...

13 March 2019 6:41 PM IST

EC gives go-ahead to GST Council meeting on March 19Business
EC gives go-ahead to GST Council meeting on March 19

The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.

13 March 2019 5:30 PM IST

IBM chief Rometty says Indians lack skill sets to be employedBusiness
IBM chief Rometty says Indians lack skill sets to be employed

According to private economic think tank CMIE data, as of February, there were as many as 31.2 million youths actively...

13 March 2019 3:13 PM IST

Inadequate tariff revision in FY20 a concern for discoms, says IcraBusiness
Inadequate tariff revision in FY20 a concern for discoms, says Icra

Electricity distribution utilities in 17 of the 29 states have filed tariff petitions for FY20.

13 March 2019 1:31 PM IST

Wisdomjobs.com survey predicts marginally higher salary hikes in 2019Business
Wisdomjobs.com survey predicts marginally higher salary hikes in 2019

Top paying sectors for 2019 would be consumer internet, professional services, BFSI, and ITeS.

13 March 2019 1:10 PM IST

RBI to infuse Rs 12,500 crore via OMOs on ThursdayBusiness
RBI to infuse Rs 12,500 crore via OMOs on Thursday

The purchase will happen through multi-security auction using the multiple price method.

13 March 2019 8:24 AM IST

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