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Fitch cuts India’s 2019-20 GDP forecast to 6.8%

Fitch cuts India’s 2019-20 GDP forecast to 6.8%

Mumbai : Fitch Ratings on Friday cut India’s GDP growth rate projection for the next financial year to 6.8 per cent, from its previous estimate of 7 per cent, on account of weaker-than-expected growth momentum. The US rating agency said ...

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IL&FS accounts not to be declared NPAs, rules NCLAT

IL&FS accounts not to be declared NPAs, rules NCLAT

New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Monday said the cash-strapped Infrastructure Leasing and Financial Services (IL&FS) and its group companies will not be declared as non-performing assets (NPA) without approval from the appellate tribunal. A ...

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Telangana presents Rs 1.82 lakh cr interim budget

Telangana presents Rs 1.82 lakh cr interim budget

  Hyderabad : Proposing an unemployment allowance of Rs 3,000 per month ahead of elections, Telangana Chief Minister K. Chandrashekhar Rao on Friday presented a Vote-on-Account Budget for 2019-20 that has an estimated expenditure of Rs 1,82,017 crore, an increase ...

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IRDAI issues draft guidelines for standard health product

IRDAI issues draft guidelines for standard health product

New Delhi : Insurance regulator IRDAI on Tuesday issued draft guidelines for standard health product by all insurers including general and health insurance businesses. According to the draft issued on the IRDAI website, the minimum basic sum insured under standard ...

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