Banks’ bad loans’ status improved over H1 2018-19: RBI

Banks’ bad loans’ status improved over H1 2018-19: RBI

🕔09:00, 1.Jan 2019

Mumbai, Jan 01  The asset quality of banks improved over the first-half of this fiscal with the gross non-performing assets (GNPAs or bad loans) ratio declining to 10.8 per cent in September, from 11.5 per cent in March, the Reserve

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Petrol touches new low for 2018, below Rs 69 in Delhi

Petrol touches new low for 2018, below Rs 69 in Delhi

🕔06:41, 1.Jan 2019

New Delhi, Jan 01  Petrol prices on Monday declined to their lowest levels of 2018 across the four metro cities, with the fuel being sold at Rs 68.84 per litre in the national capital. On Sunday it was priced at

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Oil prices edge up on global trade optimism

Oil prices edge up on global trade optimism

🕔06:40, 1.Jan 2019

New York, Jan 1 Oil prices advanced amid positive signs of global trade prospects. The West Texas Intermediate for February delivery gained 0.08 US dollar to settle at 45.41 dollars a barrel on the New York Mercantile Exchange on Monday, while

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India’s November core industrial output slows to 3.5%

India’s November core industrial output slows to 3.5%

🕔06:39, 1.Jan 2019

New Delhi, Jan 01  The output pace of India’s eight major industries slowed down in November to 3.5 per cent, official data showed on Monday. According to the Ministry of Commerce and Industry, the Index of Eight Core Industries (ECI)

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RCOM, Jio extend validity of asset-sale deal to June 28

RCOM, Jio extend validity of asset-sale deal to June 28

🕔06:38, 1.Jan 2019

New Delhi, Jan 01  Reliance Communications (RCOM) and Reliance Jio on Monday announced the extension of their agreement for selling RCOM’s wireless infrastructure including towers, fibres and spectrum to the Mukesh Ambani-led Reliance Jio. The decision comes amidst the pending

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