RBI said that its regulated entities (REs) will now be required to make provisioning only to the extent of the amount invested by the AIF scheme in the debtor company and not the entire investment
The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world's foremost memory chip suppliers
The proposal involves continuing a $24 billion program by another six months to June 2024, said the people who asked not to be identified as the discussions are private
Of three dozen companies originally identified for sale, officials are now left with a list of just 17 - 10 unlisted and 7 listed - largely because of legal and insolvency issues.
With everything going well, lenders should be turning cautious. But recent full-yr results show an opposite trend: Provisions for future loan losses are beginning to decline. This may not be prudent
In a world-historical shift, India is surpassing China to become the world's most populous country. But the question often heard in recent days - whether India can realize its demographic dividend?
Multiple tranches of documents have appeared on social media sites over recent weeks, some of them reportedly intended only for those with the highest levels of US security clearance
China held a second day of military drills around Taiwan, with multiple exercises involving aircraft and ships, after the island's president, Tsai Ing-wen, returned from a visit to the US
The company led by Elon Musk, who is visiting China this weekend, made the announcement at a signing ceremony for the project in Shanghai, the report said
South Korea plans on strengthening cooperation with India as Seoul attempts to align with a US-led push to diversify the global supply chain away from China