Customs department can’t sell assets of ‘companies in bankruptcy’ to recover dues: Supreme Court
NEW DELHI: In an essential ruling, the Supreme Court docket on Friday mentioned that after proceedings underneath the Insolvency and…
GAIL targets net zero status by 2040
NEW DELHI: State-run gasoline utility GAIL on Friday introduced a goal of attaining web zero emission from operations by 2040…
US Fed may hike rates sharply in coming months
JACKSON HOLE: US Federal Reserve chair Jerome Powell delivered a stark message on Friday: The Fed will seemingly impose extra…
Adani launches Rs 31k crore offers for ACC & Ambuja
MUMBAI: The Adani group on Friday concurrently launched the general public affords to finish the acquisitions of two cement majors,…
Bank credit grows at 15.3%, fastest in 3 years
MUMBAI: The year-on-year progress in financial institution credit score progress accelerated to fifteen.32% within the fortnight ended August 12, 2022…
ICICI Lombard launches a record 14 products in a day
MUMBAI: Making the most of the insurance coverage regulator’s new ‘use and file’ pointers, ICICI Lombard Normal Insurance coverage has…
Front-loaded rate hikes reduce need for action later, says RBI deputy governor Patra
MUMBAI: Reserve Financial institution of India deputy governor Michael Patra mentioned that the front-loading of rate of interest hikes to…
Essar signs $2.4 billion deal to sell ports business to ArcelorMittal Nippon Steel
NEW DELHI: Essar Group on Friday introduced a $2.4 billion (Rs 19,000 crore) deal to promote its ports enterprise to…
Inflation trajectory heavily contingent on geopolitical developments: Michael Patra
NEW DELHI: Inflation trajectory continues to be “closely contingent” upon the evolving geopolitical developments, worldwide commodity costs and world monetary…