Friday, December 2, 2022
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IIFCL hopes to bring down NPAs to sub-2.5% level by March 2023

IIFCL expects its net non-performing assets (NPAs) ratio to drop below 2.5 percent by the end of March 2023

Will first bring down delinquency in corporate loans before restarting finance: PNB Housing MD & CEO Kousgi

PNB Housing MD & CEO Girish Kousgi said the real estate sector has been witnessing robust activity for the past one-and-a-half years after the COVID-19 pandemic

PM likely to lay foundation of ArcelorMittal’s Hazira steel plant expansion project

Prime Minister Narendra Modi is likely to lay foundation stone of ArcelorMittal's Hazira steel plant expansion project on October 28 in Gujarat

ONGC Videsh bids to retake 20% stake in Russia’s Sakhalin-1

ONGC Videsh Ltd is making a proposal to retake 20 percent stake in Russia's Sakhalin-1 oil and gas project in the far east, sources said

Coal India didn’t hike domestic coal price despite unprecedented rate hike globally: Joshi

Coal India did not increase the price of coal in spite of the unprecedented rise in the global prices, Minister for Coal Pralhad Joshi said

Indian rupee’s depreciation essentially due to strengthening of dollar index: SBI chairman

"I would say that the (Indian) currency has not behaved as volatile as perhaps the rest of the global currencies", Khara said

Adani Data Networks gets licence for full fledge telecom services

Adani Data Network has been granted unified licence for access services, which enables it to provide all telecom services in the country

Rupee falls 39 paise to fresh lifetime low of 82.69 against USD in early trade

The rupee depreciated 39 paise to an all-time low of 82.69 against the USD in early trade as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit

Developing economies will need USD 1 trillion in renewable energy sector to achieve net-zero target: IMF

IMF has said that developing economies would need significant climate financing in the coming years to reduce their emissions

India is a very important market for air cargo business: IAG Cargo

IAG Cargo, the cargo division of the International Airlines Group (IAG), was formed following the merger of British Airways World Cargo and Iberia Cargo

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