Pakistan has added half of its power generating capacity in the past 5 years with Chinese help but a weak distribution network isn't helping.
Indian businesses, MNCs and government have an opportunity to profit from the Supreme Court ruling to decriminalise homosexuality.
ED has accused Choksi of diverting Rs 3,257 crore of the Rs 6,000 crore credit accessed by his group companies from PNB.
Transparency International examined China, India, Hong Kong & Singapore for the first time for its report on foreign bribery.
ICICI Securities says robust consumption and a pick up in loan growth show the economy is on the mend after demonetisation & GST.
Though RBI has raised interest rates twice since June and depleted billions of dollars to boost the currency, it has not been successful.
The 30-share index tanked more than 1% for the second day in a row after the rupee slid to a new lifetime low of 72.73 in afternoon trade.
The reckless lending by PSU banks is seen as an outcome of pressure by UPA government to step up credit.
India’s August trade deficit is likely to remain at $17-$18 billion, while Fed reserve is set to raise rates again, both of which will weigh on the rupee.
Shares of Graphite India have shot up more than 1,200 % since January 2017, boosting the wealth of founder K.K. Bangur to about $1.75 billion.