Why record gold loan growth has RBI worried
MUMBAI: Record growth in gold loans sanctioned by banks and non-banking finance companies is seen to be the trigger for RBI to step in and ask lenders to fix gaps in accounting for these loans to avoi ...
Indian-origin Ravi Ahuja named Sony Pics CEO
MUMBAI: Indian-origin Ravi Ahuja is set to succeed Tony Vinciquerra, who will step down as CEO of Sony Pictures Entertainment, the Hollywood studio of Japan's Sony Corp.Ahuja (53), who is currently ch ...
FOMO grips China stock buyers on ‘epic’ trading day before break
The Fear and Greed Indicator of the Shanghai Composite Index, rose to the highest since 2015 on Monday. For Shao Qifeng, the frenzy in Chinese stock trading in the last five sessions was a first in ...
L&T Semicon expects its chip production to start in 2 years; to set up unit later
NEW DELHI: Fabless chip company L&T Semiconductor Technologies expects manufacturing of semiconductor products designed by it to start in the next two years, a top company official said. While spe ...
NLCIL produces 1,234 crore units of clean power as it treads green path
NEW DELHI: State-owned NLCIL has produced 1,234 crore units of green power, thereby preventing the emission of one crore tonne of carbon dioxide, a coal ministry statement said. Primarily a lignite-ba ...
Indian economy projected to grow 6.5-7% in FY 2024-25: Chief economic advisor Nageswaran
Chief economic advisor V Anantha Nageswaran (Picture credit: PTI) Chief economic advisor V Anantha Nageswaran said on Friday that the Indian economy is projected to grow by 6.5-7% in the current fi ...