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‘Non-cooperating’ companies continue to be rated by agencies

Rating agencies continue to rate companies that fall in the ‘issuer-not-cooperating’ category, even as they await further word from regulators on the issue. A...

International Nuts & Dried Fruit Council bullish on industry prospects amid Covid challenges

As the world continues to grapple with the implications of Covid-19, the International Nuts and Dried Fruit Council (INC) has reached out to its...

Lockdowns bring down Manufacturing PMI to 46 in July

Local lockdowns affected industrial activities as Manufacturing Purchasing Managers’ Index (PMI) slipped to 46 in July from 47.2 in June. Manufacturing has a share...

HSBC warns of $13 billion in loan losses

BloombergHSBC Holdings fell short of profit estimates as Europe’s biggest lender signalled worsening loan losses, weighed down by the global pandemic. The lender has...

China factory activity highest since 2011, says private gauge

China’s factory activity grew at a faster pace in July than at any point since January 2011, as the economic recovery gained momentum,...

Code for Responsible Lending plans additional parameters for tighter risk management

Shobha RoyThe Code for Responsible Lending (CRL), a self-regulatory mechanism put in place by the Microfinance Institutions Network (MFIN) and Sa-Dhan along with FIDC...

Serum Institute gets nod for Oxford University Covid vaccine trials

The Drug Controller General of India (DCGI) has granted permission to Serum Institute of India, Pune, to conduct Phase II and III trials of...

Monetary Policy: Will RBI try to rein in inflation or boost growth?

As they meet from August 4-6 to take a call on policy rates, the six members of the RBI’s Monetary Policy Committee (MPC) will...

New rules for passengers landing in India from Aug 8

International passengers arriving in India by air from August 8 will have to submit a self declaration form on the online portal www.newdelhiairport.in...

Govt to mandate BIS certification for safety of machinery; move to curb Chinese imports

In a move that could slow down large-scale imports of machinery and equipment from China, the Department of Heavy Industries is planning to soon...

July sales bring some cheer to automakers

 After four months of negative sentiments ruling the automobile sector due to Covid-19 disruptions, the July wholesale numbers have given some hopes to manufactures...

Surge in digital payments continues in July as consumers stay at home

With physical distancing norms remaining in focus amidst the Covid-19 pandemic, digital transactions touched a new high in July.Data released by National Payments Corporation...

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Sushant Singh Rajput’s family didn’t raise any suspicion, no evidence against any politician: Mumbai Police commissioner

Bollywood actor Sushant Singh Rajput’s family did not complain about any lapse in the investigation being carried by Mumbai Police into his death in...

Vidya Balan flaunts her statement saree style for Shakuntala Devi promotions

With the coronavirus lockdown slowly lifting, life is slowly getting back to normal, and every once in a while we even spot celebrities making...

Statewide bank strike in Tamil Nadu on August 20

The Tamil Nadu Bank Employees Federation (TNBEF) has called for a Statewide strike on August 20 to draw the attention of the government...

Lithium Australia refines battery cathode technology

ASX-listed Lithium Australia, via its subsidiary, the Very Small Particle Company or “VSPC”, has refined the process for the production of its lithium ferro...