Finance Minister Arun Jaitley has said that demonetisation of high value currency notes in November 2016 "succeeded" in unearthing black money and preventing corruption.
Business stakeholders say the government could do its bit to push the real estate sector forward by giving it an industry or infrastructure status.
The IMF said that India should see its growth picking up this year after two "transitory shocks", while China's growth is likely to fall gradually.
The Modi economy has many rays of sunshine. Those rays do not shine uniformly on all though. There are also a few clouds.
Deb has said his priority was to provide a "corruption free, dynamic and transparent" govt in the state, which was under the uninterrupted Left rule for 25 years.
Fitch projected India's economic growth to rise to 7.3 per cent next fiscal and further to 7.5 per cent in 2019-20.
T M Thomas Isaac said the government in Kerala has lined up Rs 50,000 crore worth infrastructure work in the current fiscal to revive the economy.
Demonetisation and cashless drive has pushed the growth trajectory of digital payments in India significantly, says a report.
Jayant Sinha said India is witnessing a major upsurge in job creation, not in the traditional economy but in the new economy.
P P Chaudhary said the govt has ordered probe into the 'true ownership' of as many as 68 companies for depositing and withdrawing large sums during demonetisation.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months