Economy News
Railways for better operating ratio this fiscal
Indian Railways is likely to end this financial year with an operating ratio of 95 per cent and set a target to improve it to 93 per cent in the next fiscal.
posted by Jawwad Kazi 24th Jan 2018
NPAs to rise to Rs. 9.5 lakh cr. by March
According to a recent report, India’s banking sector will be saddled with gross non-performing assets (GNPAs) worth a staggering Rs. 9.5 lakh crore by March-end, rising from Rs. 8 lakh crore a year earlier
posted by Jawwad Kazi 23rd Jan 2018
India to regain fastest-growing economy tag for next two years: IMF
The International Monetary Fund (IMF) by keeping its growth projection for India unchanged at 6.7 per cent for the current fiscal, said India will again emerge as the world’s fastest-growing major economy, at least for the next two years.
posted by Jawwad Kazi 23rd Jan 2018
Online trading platforms for distress assets : RBI
The Reserve Bank has called for putting in place an online trading platform on the lines of the system in the US, to sell distressed assets to ensure more transparency and better price-discovery.
posted by Jawwad Kazi 22nd Jan 2018
Shutdown in U.S. may affect India's export
After the shutdown of country’s Federal Government, Indian shipments to the U.S. are likely to get affected.
posted by Jawwad Kazi 22nd Jan 2018