Mumbai
Gross NPAs of Banks May Rise to 10.1-10.6% by March 2021: Icra
ICRA also said net NPAs and credit provisions will subsequently trend lower in 2021-22 as banks have reported strong collections on their loan portfolio with most of them reporting collections of over 90 per cent.
Sanjay Raut Calls for Expanding Scope of UPA Amid Speculations over Sharad Pawar Heading Bloc
Shiv Sena MP Sanjay Raut also said Sonia Gandhi effectively led the United Progressive Alliance (UPA) all these years and now the time has come to expand its scope by inducting more allies.
Former CEO of Rating Agency BARC Partho Dasgupta Arrested in TRP Scam Case
Partho Dasgupta, the accused, is the 15th person to be arrested in the case related to alleged rigging of Television Rating Points (TRP) by some TV channels.
Sensex Rallies 437 Points, Nifty Reclaims 13,600; HUL Top Gainer
HUL was the top gainer in the Sensex pack, spurting around 3 per cent, followed by Infosys, M&M, ITC, SBI, IndusInd Bank, Bajaj Finance, Asian Paints, TCS and Bharti Airtel. On the other hand, Titan, PowerGrid and NTPC were among the laggards.
Eight-Lane Mumbai Coastal Road to Be Functional in July 2023, Says BMC Chief
The 29.2 km-long seaside road project has been undertaken by the Shiv Sena-led Brihanmumbai Municipal Corporation (BMC) to connect Marine Drive in south Mumbai to Borivali in north Mumbai.
Bank of Baroda Completes Integration of Erstwhile Dena, Vijaya Banks with Itself
The bank has completed the integration of 1,770 erstwhile Dena Bank branches in December 2020, and had earlier completed the integration of 2,128 erstwhile Vijaya Bank branches in September 2020, the lender said in a release.
Retail Inflation Has Peaked in October, RBI Unlikely to Cut Rates in 2021 Because of Sticky Core: Report
Over the medium term, there are chances of inflation heating up again and the RBI may have to switch to hiking rates as well in 2022, Nomura said.
ED Notice to Sena MLA Pratap Sarnaik is Pervert Politics: Uddhav Thackeray Hits out at Fadnavis
Thackeray said that after Sarnaik was sent a notice, his family members too were dragged into it, adding that when he went to the SC for relief, the ED sent a notice to his other son.
No Water Bills Pending with Maharashtra CM Uddhav Thackeray's Official Residences: CMO
As per a report submitted by the Municipal Corporation of Greater Mumbai (MCGM), the (bill) arrears of both 'Varsha' and 'Torna' bungalows of the CM are 'Nirank' (blank), the Chief Minister's Office (CMO) said in a release.
Consider Withdrawing Order on Metro Car Shed Land at Kanjurmarg: Bombay HC to Maha Govt
The Centre and the Shiv Sena-led MVA government in Maharashtra are locked in a tussle over ownership of the land earmarked by the state for constructing the car depot which was earlier planned at Aarey Colony, a green belt in suburban Goregaon.
BJP Leader, Former Maharashtra Minister Vishnu Savara Dead
Savara is survived by wife, two sons and a daughter. Hailing from neighbouring Palghar district, Savara had won assembly elections six times and was inducted as tribal development minister in 2014 in the BJP-led government.
Markets Scale New Peaks; Sensex Jumps 182 Points Amid Continued Foreign Portfolio Investment Flows
After touching a record intraday high of 45,742.23, the 30-share BSE index climbed 181.54 points or 0.40 per cent to finish at 45,608.51.
Sensex Takes a Breather, Nifty Edges Up to Fresh High
The broader NSE Nifty edged higher by 4.70 points or 0.04 per cent to end at its fresh closing record of 13,113.75.
Activist Stan Swamy's Wait for Straw and Sipper Gets Longer as NIA Court Dismisses Initial Plea
The 82-year-old, arrested in the Elgar Parishad-alleged Maoist links case, was arrested from his home in Ranchi last month in connection with the violence in Bhima Koregaon near Pune in January 2018.
Economic Recovery Stronger Than Expected, Rising Covid Cases Downside Risk to Growth: Shaktikanta Das
RBI Governor Shaktikanta Das, however, said that we need to be watchful of the demand momentum sustaining after the festivities as well, and also warned of downside risks to growth coming from a rise in virus infections in select pockets.
DGGI Busts Input Tax Credit Frauds Worth Rs 2,350 Crore
Three people were arrested in connection with what was termed as "massive frauds" involving the availment and utilisation, as well as passing on of ineligible input tax credit (ITC) on the strength of bogus invoices, an official statement said.