New Delhi, Aug 27 (IANS) There has been widespread reporting that banks have taken a 99.97 per cent haircut on over Rs 22,000 crore of loans to Essel Group founder Subhash Chandra, with the National Company Law Tribunal approving repayment of only around Rs 6.5 crore, but according to government sources, "this is incorrect".
New Delhi, Aug 27 (IANS) Bharat Petroleum Corporation Ltd Chairman and Managing Director Sanjay Khanna said on Thursday that there is no proposal to replace E20 petrol with E10, clarifying that the current debate is over whether older vehicles should have access to a lower-ethanol blend with 10 per cent ethanol.
New Delhi, Aug 27 (IANS) There is no onion shortage in the country, the government said on Thursday, as it started the retail sale of onions at Rs 35 per kg from its price stabilisation buffer to provide relief to consumers.
New Delhi, Aug 27 (IANS) India’s Financial Inclusion Index has risen from 53.9 in 2018 to 67 in 2026, showcasing deeper access to credit, insurance, savings and digital payments, an official factsheet said on Thursday.
New Delhi, Aug 27 (IANS) The Rs 582.8 crore IPO of Skyways Air Services, which is set to get listed soon, has seen grey market premium (GMP) gain of around 33 per cent on the last day of bidding on Thursday. However, key risks still remain for investors to watch out.
New Delhi, Aug 27 (IANS) Two‑wheeler retail sales remained healthy in the month of August, with retail growth of 18–20 per cent year‑on‑year supported by the Onam festival and a low base, a report said on Thursday.
Mumbai, Aug 27 (IANS) The Indian equity markets posted notable losses on Thursday, as lack of progress in negotiations surrounding the Strait of Hormuz eroded investor optimism.
New Delhi, Aug 27 (IANS) Commerce and Industry Minister Piyush Goyal’s Japan visit has reaffirmed the strong momentum in Special Strategic and Global Partnership and provided fresh impetus to efforts to deepen trade, investment, technology and industrial cooperation, the government said on Thursday.
New Delhi, Aug 27 (IANS) US technology giant Apple has scheduled its annual event for September 9 at its Steve Jobs Theater in Cupertino, California where the company is set to unveil the iPhone 18 Pro models and its first foldable iPhone.
New Delhi, Aug 27 (IANS) Top private sector lender HDFC Bank is facing a federal securities class-action lawsuit in New York over allegations that it orchestrated a covert scheme to illegally inflate interest payouts to a state government agency by disguising them as marketing expenses.
