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PSU banks need $37 bn to meet norms
Public sector banks in India will need to raise up to USD 37 billion over the next 4-5 years to meet Basel III compliance norms, credit rating agency Moody's said. The estimate is based on assumptions that there would be a moderate recovery in the economy and a gradual decline in the non-performing loans from the current levels. "Our rated public-sector banks in the country will need to...
Share. Care. Create.   20 September, 2014
In space-starved Mumbai, collaborative work spaces and cultural hubs are finding takers among young entrepreneurs, freelancers and artists
Delicious bite   20 September, 2014
Gaurav Jain and Pallavi Gupta did not have any business experience or a lot of spare money, when they decided to start a restaurant in Bengaluru six years ago. The IT professionals were just fed up with the nonavailability of good north Indian food in the city. Their restaurant on Bannerghata Road, called Mast Kalandar, turned out to be an instant hit. In no time, it grew into a chain of 70...
Upward mobility   20 September, 2014
The Audi A3 beat 23 cars to win the prestigious World Car of the Year 2014 Award. The compact luxury sedan was chosen by a panel of 69 top automotive journalists from 22 countries. It did not come as a surprise, as the car checks all the boxes for looks, driving dynamics and pricing. While the arrival of A3 has created a new segment in India, it is not a new car. Audi introduced it in 1996. The...
Falling crude prices helps India control fiscal deficit   22 September, 2014
India's finance ministry is increasingly optimistic that it can meet a tough fiscal deficit target, helped by a 12 percent decline in global crude oil prices since Prime Minister Narendra Modi took charge in May.Lower crude prices mean less government outlay for India, which imports 80 percent of its oil needs - at a cost of $168 billion last year - and subsidizes oil products such as diesel...
Sensex back in green   22 September, 2014
Alibaba surges 38 pc in market debut   20 September, 2014
PMO asks commerce ministry to cut imports   22 September, 2014
China closes 1.8 mn accounts in porn crackdown   20 September, 2014
Decide on media freedom in National Media Policy: TRAI   20 September, 2014
Bill Gates meets Narendra Modi   19 September, 2014
'Centre watching impact of liquor ban on Kerala tourism'   19 September, 2014
Is Facebook Messenger app tracking your privacy?   19 September, 2014
Sebi to soon notify norms for investment trusts   19 September, 2014
Ellison steps down as Oracle CEO   19 September, 2014
Intel launches two-in-one tablets   18 September, 2014
India signs pact with China to better trade ties   18 September, 2014
India caps prices of 36 more drugs to improve access   19 September, 2014
Chinese president has assured us market access: Modi   18 September, 2014
Reliance Jio, GTL Infra in tower-sharing deal   18 September, 2014
Panel submits report on new gas pricing formula   17 September, 2014
NRI remittances to Kerala grows   17 September, 2014
Toast of the town   13 September, 2014
IndiGo, ICBC sign $2.6 billion deal   17 September, 2014
On the rocks   13 September, 2014
Sensex trades flat; metal stocks dip   16 September, 2014
OPEC daily basket price closes below $95 a barrel   16 September, 2014
TCS opens all-women office in Saudi   14 September, 2014
Ford to launch four new car models   13 September, 2014
Honda initiates process for third plant   12 September, 2014
'56% Indians book their travel three months in advance'   17 September, 2014
Call for change   13 February, 2012
Diesel deregulation decision after state elections   16 September, 2014
Javadekar clears 17 infrastructure projects   11 September, 2014
India has potential to become knowledge-based economy   12 September, 2014
'Govt not to exit fully from Coal India'   11 September, 2014
RuPay sees boost from govt banking scheme   11 September, 2014
Homebuyers expect property prices to rise   25 August, 2014
Land Rover to develop self-learning car   25 August, 2014
Bonding within   07 February, 2012
RBI to redefine deposits as ponzi scams mount   25 August, 2014
India needs world class infrastructure, says Modi   12 September, 2014
SC's ruling may have wider economic impact   26 August, 2014
Wake-up call   21 January, 2012
Small islands, facing rising seas, seek economic overhaul   25 August, 2014
Ambanis spark reunion talk   30 December, 2011
Midas touch   16 December, 2011
Wheels 'n' apps   17 December, 2011
Future perfect   12 December, 2011
Dubai seventh most popular destination   04 June, 2013
More steps to curb gold import   03 June, 2013
New DTC Bill to be tabled in Parliament   07 June, 2013
IndiGo says allowed to import 28 A320s   03 June, 2013
US exempts India from sanctions   06 June, 2013
Internships emerging as key tool   03 June, 2013
No leadership role for son Rohan: Murthy   01 June, 2013
Windows gains amid Apple-Android clash   04 June, 2013
Infosys recalls Murthy for 5 years   01 June, 2013
India to remain on top: Dr Cherian   03 June, 2013
LinkedIn boosts security   01 June, 2013
Petrol, diesel prices up   01 June, 2013
Growing gaps   12 December, 2011
Rate hikes affected growth   26 November, 2011
Dues and woes   03 December, 2011
Occupational hazards   26 November, 2011
Director’s cut   28 November, 2011
Note knot   28 November, 2011
It’s not flying!   19 November, 2011
King-size life   19 November, 2011
Crude system   19 November, 2011
Space odyssey   18 November, 2011
There is a dearth of qualified persons   18 November, 2011
Do not give up your dreams   18 November, 2011
Old bytes, new hats   11 November, 2011
Centre mulls ban on ponzi ads   22 July, 2013
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