Govt Clears Revised Norms for Time-bound Closure of Sick PSUs
The guidelines accord first priority to utilisation of land of central public sector enterprises (CPSEs) under closure for affordable housing as per the relevant guidelines of the Ministry of Housing and Urban Affairs.from Top Business News- News18.com https://ift.tt/2M3Apnd
A hike in the rates will increase the lending rates by the banks to maintain their profit margins, adding pressure on the common man to pay up more money on loans, pinching the politically important middle class and weakening the already lagging investment climate in the country.
The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI).
Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 474.33 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 157.51 crore yesterday, as per provisional data.
Dealers said besides fresh selling of dollar by exporters, dollar's weakness against some currencies overseas amid lingering concerns about global trade supported the rupee.
Baba Ramdev's company had proposed to invest up to Rs 6,000 crore to set up a plant across 425 acres of land to cater the domestic and export markets through its step-down firm Patanjali Food & Herbal Park.
The Trump administration's decision to impose tariffs on aluminium and steel imports had triggered a trade war with several countries including China, which announced retaliatory measures.
The agency's director, Rama Patel, said the banking systems provisioning cover (excluding write-offs) for NPAs increased to 50 per cent as on March 31, 2018, compared with 45 per cent a year back, and it is expected to improve further in this fiscal.
Sharp said it will take an 80.1 percent stake in Toshiba's PC unit on Oct. 1, and will retain its Dynabook brand.
The appointment is effective from yesterday, GoAir said in a release. He will be reporting to the airline's chairman, managing director and the board of directors, it added.
In eight years with Ireland, Phil Simmons established them as the leading Associate side, paving the way for the Test status they enjoy now. His brief tenure in charge of the West Indies, before the [mis]administrators struck again, saw a World Twenty20 triumph in India. And with Afghanistan, he’s laying the foundations of another success story.
ODI cricket has come a long way since it took force in the mid-70s. It’s been 43 years since India’s Little Master Sunil Gavaskar played his sluggish innings of 36 runs from a massive 174 balls in the Prudential World Cup against England.
Australia will not stay silent during their one-day series in England, the first tour since the ball-tampering scandal that rocked world cricket, captain Tim Paine said on Wednesday
India’s batting sensation Rohit Sharma is known for his hitting abilities on the field, but little do his fans know that he almost hit teammate Ravindra Jadeja, during the tour of South Africa earlier this year. Speaking on a chat show ‘What the Duck’, Ajinkya Rahane and Rohit revealed how Jadeja put their lives at risk during a jungle safari.
Mike Hesson stunned New Zealand cricket on Thursday by announcing he will step down as coach at the end of next month, less than a year out from the World Cup
West Indies rode their luck through a challenging first day of the first Test against Sri Lanka to reach 246 for six at stumps at the Queen's Park Oval in Trinidad on Wednesday.
Pakistan fielding coach, Steve Rixon has decided to step down after the two T20 internationals against Scotland next week as he is apparently unhappy with the Pakistan Cricket Board.
Bangladesh fast bowler Rubel Hossain has received an official reprimand and one demerit point for breaching the ICC Code of Conduct during his side’s second Twenty20 International against Afghanistan in Dehradun on Tuesday.
Australia coach Justin Langer insisted "sledging's a good thing" as the team prepared to face England in their first series since March's dramatic ball-tampering scandal in South Africa.
Catch all the action of the first Test between West Indies and Sri Lanka through our live commentary.
Legendary skipper Ricky Ponting has joined the Australian support staff for the team's upcoming tour of England, the Cricket Australia website revealed on Wednesday.
India suffered their first ever defeat at the hands of Bangladesh in any format as the six-time champions were hammered by seven wickets in the Women's Asia Cup cricket tournament at the Kinrara Academy Oval here on Wednesday.
Indian cricket captain Virat Kohli's wax statue was unveiled at the Madame Tussauds museum in the capital on Wednesday.
Indian cricket captain Virat Kohli continues to be a very vocal supporter of the Indian football team. The FC Goa co-owner, has in recent days put his weight behind the Indian football team by asking the fans to attend football matches and help build a sporting culture in the country.
Boxing champ Floyd Mayweather and football legend Lionel Messi head the charts in the list of the world’s highest-paid athletes according to Forbes. Virat Kohli is the only Indian who makes the cut and is placed 83 on the list. He is shown to have a salary/winning of $4m and endorsements worth $20m. The India skipper was ranked at 89 in the 2017 list .
Sri Lanka will aim to register their first ever Test series win in the West Indies when they take on take on the hosts in the first of the three-Test rubber at the Queen's Park Oval here from Wednesday.
Delhi and District Cricket Association has been named for the 'Best Overall Performance Award' by the BCCI for the consistency shown by its senior and junior teams in both men and women, its Court Appointed Administrator said on Tuesday.
Cricket Australia chief James Sutherland announced Wednesday he will stand down in the wake of the ball-tampering scandal that rattled the game and an acrimonious pay dispute with players.
Catch all the action of the second T20I between Afghanistan and Bangladesh through our live commentary.
Rashid Khan produced another magical spell of spin bowling as Afghanistan wrapped up a six wicket win over Bangladesh to take an unassailable 2-0 lead in the three-match T20 series in Dehradun on Tuesday.
The Pakistan Cricket Board (PCB) on Tuesday cleared veteran all-rounder Mohammad Hafeez from charges of raising objections over the International Cricket Council's (ICC) procedure of dealing with suspect bowling actions.
With the Board of Control for Cricket in India’s (BCCI) acting secretary Amitabh Choudhary in a strongly worded letter making it clear to CoA chief Vinod Rai that the Special General Meeting in the Capital on June 22 cannot be stopped by the SC-appointed committee, the CoA has now shot back.
The bullets and blasts narrative that is associated with sportspersons from war-ravaged countries doesn't sit well with Afghanistan speedster Shapoor Zadran, who wants the stereotypical perception to change.
Zimbabwe players have threatened to boycott the upcoming T20I tri-series against Pakistan and Australia from July 1 if their outstanding salaries and match fees were not cleared by June 25.
England seamer Jake Ball has been called up as cover for all-rounder Chris Woakes, who will miss the first part of this month's one-day series against Australia due to a thigh injury.
They might be intense rivals on the field, but India skipper Virat Kohli and Australia opener David Warner share a cordial relation off it. And with Kohli inviting fans to come and click selfies with his wax statue at Madame Tussauds in the Capital on Wednesday, Warner pulled a fast one on Kohli and asked if he could rather get a real picture with the run-machine.
Known as much for his swag off the field as his batting skills on it, India opener KL Rahul attended Karnataka teammate Mayank Agarwal's wedding on Monday. And as always, he was spot on with his dressing as he wore a waist coat and matched it up with a turban to up the style quotient. Mayank got hitched to his long-time girlfriend Aashita Sood.
England wicketkeeper-batsman Jos Buttler says his stint in this year's Indian Premier League (IPL) helped his return to the test arena by forcing him to concentrate on making runs rather than losing his wicket.
The Australian great Glenn McGrath is of the opinion, that India, who have not always been known for their fast bowling prowess can make a mark with the likes of Bhuvneshwar Kumar and Jasprit Bumrah in English conditions.
Sri Lanka named a new selectors panel for the national cricket team Monday after gambling allegations against the sport's national board president prompted government intervention.
Dr Sonia Lal who was awarded ‘neurologist of the year’ at the India health and Wellness Summit 2014 speaks to Chaiti Narula on the chemical imbalances that lead to anxiety and how once can overcome them and lead a normal life.
Name it to tame it!
Top 6 Common Foods that you must drop in order to claim your heart health
Coffee sacks are woven into baskets and old tyres are refashioned as belts -- just some of the 60 products on offer at the organisation's shop in Dala, a short ferry ride from the bustling downtown of commercial hub Yangon.
“She was always just as happy and delightful as her collection was,” said Fern Mallis, industry consultant and former director of the Council of Fashion Designers of America during Spade’s rise to success in the 1990s. “She was every bit the representation of that brand, and the fun of it all.”
These foods might not be good option to soothen your senses.
The luxury fashion and lifestyle brand has updated its existing analogue and hybrid timepiece, "The Riley," to include a new touchscreen that will be available in three different styles.
Carlson said that both the swimsuit and evening gown portions of the nearly century-old competition would be scrapped.
Exercise can mitigate the genetic effects of obesity.
Do you have palpitations and feel stressed at work?