Torrent is acquiring a 46.39 per cent stake in JB Chemicals from KKR & Co. for about ₹11,917 crore, and an additional 2.8 per cent stake from employees for roughly ₹719 crore, both at ₹1,600 per share
Net tax receipts at ₹3.5 trillion compared with ₹3.2 trillion a year earlier. Non-tax revenue at ₹3.6 trillion compared with ₹2.5 trillion a year ago
Despite rising stress in microfinance portfolios, RBI notes decline in borrower indebtedness as tighter underwriting and regulatory caps limit over-lending
The RBI noted that the soundness and resilience of banks are supported by "robust capital buffers
The RBI noted that the soundness and resilience of banks are supported by "robust capital buffers, multi-decadal low NPA ratio, and strong earnings." Most banks were found to have adequate capital buf
NBFCs, too, remain in good shape. "NBFCs remain healthy with sizeable capital buffers, robust earnings, and improving asset quality," the RBI observed.
NBFCs, too, remain in good shape. "NBFCs remain healthy with sizeable capital buffers, robust earnings
India's financial system continues to demonstrate resilience, underpinned by strong balance sheets across banks and non-bank financial institutions (NBFCs), according to the Reserve Bank of India's Ju
democratic institutions and that other forest-related laws needed to be fine-tuned in light of the Act
"The domestic financial system is exhibiting resilience, fortified by healthy balance sheets of banks and non-banks," the central bank said in the report
Most banks were found to have adequate capital buffers under macro stress test scenarios
Gurugram's housing market is being reshaped by fast-trading buyers, not end-users, distorting prices and sparking new worries over affordability and risk
which said that the FRA had assigned rights to protect approximately 40 million hectares of community forest resources to village-level democratic institutions and that other forest-related laws neede
Citing data presented by Yadav in the Lok Sabha on August 7, 2023, the groups alleged that while the minister blamed the FRA, tribals and other forest rights holders for forest degradation
They called the statement "false, misleading, legally untenable and an attempt to undermine the legitimacy of the FRA
MoEF trying to 'subvert' FRA: Over 90 forest rights groups writes to PM
Sweden's Ericsson partners VVDN to manufacture passive antennas in India, with global shipments of its first locally made model beginning in July
They called the statement 'false, misleading, legally untenable and an attempt to undermine the legitimacy of the FRA'
Artificial rain, created through cloud seeding, helps by washing out pollutants like PM2.5 and PM10 from the atmosphere, leading to cleaner air and better visibility. (Photo: PTI)
RBI's rate cuts and revised lending norms could help a segment that developers have largely ignored