New Delhi, May 4 (IANS) Indian banks are well positioned to implement the Reserve Bank of India’s new Expected Credit Loss (ECL) framework and absorb the initial impact on its capital, a report said on Monday.
New Delhi, May 4 (IANS) Adani Group's resolution plan for Jaiprakash Associates Limited (JAL) has received approval from the National Company Law Appellate Tribunal (NCLAT), which dismissed Vedanta’s appeal challenging the process.
New Delhi, May 4 (IANS) India’s manufacturing PMI rose to 54.7 in April, up from 53.9 in March, as output, new orders (including exports) and employment all grew moderately, pointing to continued resilience in India’s manufacturing sector, the HSBC Flash India PMI data showed on Monday.
New Delhi, May 4 (IANS) The ongoing geopolitical tensions in West Asia, which began in February, have impacted the aviation sector, with Dubai International Airport seeing a steep decline in passenger traffic in March, according to reports.
Mumbai, May 4 (IANS) Global crude oil prices declined almost 3 per cent on Monday after US President Donald Trump said Washington would take steps to help clear vessels stranded in the Strait of Hormuz, though the lack of a breakthrough in US-Iran talks kept prices above the $100-mark.
Mumbai, May 4 (IANS) Indian equity benchmarks opened on a strong note on Monday, with indices gaining 1 per cent each in the morning trade, aided by softer crude oil prices amid indications of easing tensions in West Asia amid early Assembly election trends in key states.
Seoul, May 4 (IANS) Sales of Hyundai Motor and Kia vehicles in the United States fell slightly from a year earlier, while numbers for hybrid vehicles rose to a new monthly high, the automaker said on Monday.
New Delhi, May 3 (IANS) The Centre has released over Rs 17,744 crore as the first instalment towards the wage component for workers through direct benefit transfer under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for 2026–27, a senior official confirmed.
New Delhi, May 3 (IANS) About 47 lakh domestic Liquefied Petroleum Gas (LPG) cylinders were delivered across the country on Saturday, indicating that there were no shortages or gaps in gas supply despite the military conflict in West Asia and the subsequent Strait of Hormuz blockade.
New Delhi, May 3 (IANS) MT Sarv Shakti, carrying 46,313 MT of LPG, safely sailed through the Strait of Hormuz on Saturday and is expected to arrive at Visakhapatnam on May 13 with the Indian cooking gas cargo, the Ministry of Ports, Shipping and Waterways said on Sunday.
