Gross NPAs are expected to rise from Rs 8 lakh crore in March 2017 to Rs 9.5 lakh crore by March 2018, which is about 10.5 percent of total advances, while stressed assets are expected to be at Rs 11.5 lakh crore, according to a joint study by ASS
The 15th edition of the Mumbai International Film Festival for Documentary, Short and Animation Films beginning from January 28 will showcase 430 documentaries, short and animation films from across 40 countries. The week-long fest
The government has given contracts to private companies to operate flights and helicopters under the second round of regional connectivity scheme UDAN (Ude Desh ka Aam Naagrik). Airports authority of India (AAI), the implementing agency, has issue
Two people were killed in the fire that broke out at the Polyethylene Swing Unit of Panipat Naphtha Cracker Complex on January 22. As a precautionary measure, the swing unit is temporarily under shutdown. Indian Oil Corporati
India is the most dangerous place in the world to be born as a baby girl. It has the dubious distinction of having 75% more chances of girl children aged between 1-5 years dying as compared to boy children. India is among the fastest growing econo
The trainees of 37th International Training Programme on ‘Planning and Management of Urban Services’, organised by HUDCO’s Human Settlement Management Institute, interacted with HUDCO’s CMD, M Ravi Kanth. The training progr
Prime minister Narendra Modi underlined the need for a consensus among the nation to realise the dream of a beautiful shared future, as he addressed the plenary session of the World Economic Forum (WEF) in Davos on Tuesday. After in
REC Transmission Projects Company Ltd (RECTPCL), a subsidiary of Rural Electrification Corporation Ltd (REC), has handed over project specific special purpose vehicle (SPV) namely ERSS XXI Transmission Ltd to Power Grid Corporation of India Ltd (P
Bharat Earth Movers Limited (BEML), a ministry of defence PSU, has launched a 5.4 ton wheel loader BL30-1 at Excon Exhibition 2017 in Bangalore. The high performance and rugged wheel loader is designed and developed by BEML.
The supreme court should be subjected to constant scrutiny so that it improves, Justice Jasti Chelameswar said at a book release function on Monday. This was his first public appearance in Delhi after a January 12 press conference at which he and
Much before Communist Party of India (Marxist) general secretary Sitaram Yechury got marginalised within the party’s central committee last week over the possibility of an alliance with the Congress, is learnt to have had an interesting conv
In its bid to create an oil major to match the performance of global and domestic oil and gas players, Oil and Natural Gas Corporation Ltd (ONGC) board has approved the acquisition of entire 51.11 percent shareholding of the government in Hindusta
Goa chief minister Manohar Parrikar recently laid the foundation stone of the Rs 120 crore- MCMV (mine counters measure vessels) Command, Control & Design Office at Goa Shipyard Ltd, Vasco in Goa. The defence ministry has entrus
A high level Sri Lankan defence delegation headed by secretary of defence, Kapila Waidyaratane PC recently visited Goa Shipyard Ltd. The delegation held discussions with GSL CMD, Rear Admiral (retired) Shekhar Mital. The defence del
NTPC has sought the help of Madhya Pradesh government for the safety of Gadarwara power project site and the workers who have stopped the work on the site since December 22. It has appealed to the local people to support the projec
The Bharat Heavy Electrical Limited (BHEL) will be setting up a 660 MW coal-based thermal power project with supercritical parameters in Maharashtra. The Rs 2,800 crore-project will be built as an expansion project (unit 6) of Mahar
A confident New Delhi’s efforts to consolidate its ties with ASEAN will see a new meaning and significance when it conducts a commemorative summit with the group on January 25 and makes all 10 heads of state of the Southeast Asian countries
“Demonetisation has created an entire system of digitisation and financial inclusion,” said PK Gupta, managing director (Retail and Digital Banking), State Bank of India, at the launch of the Governance Now India Financial Inclusion Ca
Manufacturing will remain the dark horse for the Indian economy, especially as labour-intensive industries shift from China, writes Sukhgeet Kaur, director, project appraisal and management division, Niti Aayog in an official
Milk is one liquid that usually moves upwards, at least in economic terms. The poor can’t afford this important source of nutrition. But imagine children getting milk in schools as part of mid-day meals, and the poor getting some from public