Economy

With stressed debt of over Rs.50,000 crore under independent credit evaluation (ICE) framework, banks have to take a haircut in the range of 40%-60% to achieve a rating of RP4 (moderate degree of safety regarding timely servicing of financial obligations),...

The government is injecting competition in the power distribution sector through content and carriage reforms to make the supply of power consumer-friendly.

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) will offer a broad array of implementation services and related software and data solutions from Duck Creek Technologies’ for its insurance industry customers around the world.

The Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi has expressed “great hope and optimism for Indian capital markets” as envisioned by the Government.

Federation of Indian Export Organisations (FIEO) has signed an MoU with the National Stock Exchange of India Limited (NSE) to impart knowledge to its members on price risk management.

In its endeavor to strengthen India as a management education destination and build preference amongst international aspirants, Graduate Management Admission Council (GMAC) has relaunched the second version of the Study in India initiative.

Board members of United States India Business Council (USIBC) leaders have expressed their desire to prepare a roadmap to achieve the target of US$500 billion in bilateral trade.

Punjab offers peaceful industrial relations   Uttarakhand Chief Minister Rawat (centre in brown jacket) and India's High Commissioner to Singapore addressing media.   Uttarakhand has been ranked amongst the best states in the country on ease of doing business and...

Responding to Singapore government’s initiative for making it “easy lifestyle” for construction workers at dormitories, the State Bank of India has set up a remittance centre in the suburb Punggol district.

Nashik is transforming from a pilgrimage destination to a vibrant city favoured by investors, according to a new market research report.