Economic Affairs Secretary Subhash Chandra Garg is at his convincing best when he brings up the government's track record of managing fiscal numbers. He told ETNow's Supriya Shrinate that the government is on the right track on the revenue front.Edited excerpts:You have just cut borrowing target by Rs 70,000 crore. ...
NEW DELHI: ONGC Videsh Ltd and its partners in Russia's Sakhalin-1 project have agreed to pay Russian giant Rosneft USD 230 million to settle an oil production dispute out-of-court, its managing director N K Verma said.Rosneft had dragged the Sakhalin-1 consortium to court alleging "unjust enrichment and interest gained by ...
The news of the Reserve Bank of India (RBI) penalising Karur Vysya Bank for non-compliance of its directives comes right after action against Bandhan Bank and Yes Bank. The RBI has imposed a penalty of Rs 5 crore on Karur Vysya Bank for non-compliance with its directions on Income Recognition ...
Market heartbeats Sensex and Nifty slipped for the fourth straight week as they found little solace in rising crude oil prices, fall in the rupee and heavy selling pressure in the non-banking financial space. The BSE Sensex lost 614 points, or 1.67 per cent, to 36,227 for the week ended ...
It can be noted that the Reserve Bank of India (RBI) has reportedly asked LIC and Orix not to infuse more capital into the company, a systematically important NBFC, at a meeting held Friday.
The death toll from the earthquake and tsunami on the Indonesian island of Sulawesi jumped to 384 on Saturday, authorities said, with many of those killed swept away by giant waves as they played on the beach.