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Shutting out foreign funds hurts India's bad-debt market, says BofA

In the past year, the US lender has had to team up with local asset reconstruction companies to purchase loans made to firms including Seven Hills Hospitals and GTL Infrastructure Ltd. that had soured

Shutting out foreign funds hurts India's bad-debt market, says BofA
Updated On : 20 Feb 2019 | 10:10 AM IST

Despite an urgent need, India keeps fighter jet makers waiting for decades

India, which is hosting its flagship air show this week, has derailed plans by Lockheed and Boeing to breathe new life into their aging F-16 and F-18 programs

Despite an urgent need, India keeps fighter jet makers waiting for decades
Updated On : 20 Feb 2019 | 7:43 AM IST

Will Kim give up N Korea's nuclear crown jewel Yongbyon at Trump summit?

A deal to shutter Yongbyon would represent Trump's first tangible victory toward reducing Kim's nuclear capacity since he granted an unprecedented meeting last June

Will Kim give up N Korea's nuclear crown jewel Yongbyon at Trump summit?
Updated On : 20 Feb 2019 | 7:35 AM IST

Sensex, Nifty end lower for ninth straight session; TCS, Infosys fall

Fears that India may escalate its response to a deadly attack on a CRPF convoy last week and uncertainty over the outcome of the national elections also weighed on sentiment

Sensex, Nifty end lower for ninth straight session; TCS, Infosys fall
Updated On : 19 Feb 2019 | 10:48 PM IST

Politics has an unlikely victim: A plan that could end India's fuel worries

The Maharashtra government has decided to relocate the proposed $44 billion oil refinery project to be built with investments from Saudi Arabia

Politics has an unlikely victim: A plan that could end India's fuel worries
Updated On : 19 Feb 2019 | 5:52 PM IST

Carlos Ghosn assembles 'All-Star' defence lawyers as trial looms

Ghosn's new defense team may explore several legal arguments to discredit the state's case both in court and in the media, according to legal experts in Japan

Carlos Ghosn assembles 'All-Star' defence lawyers as trial looms
Updated On : 19 Feb 2019 | 5:51 PM IST

NPA woes: India beats Italy to have world's worst non-performing loan ratio

RBI said in December that the ratio for banks fell for the first time since 2015, though it's still 'high for comfort'

NPA woes: India beats Italy to have world's worst non-performing loan ratio
Updated On : 19 Feb 2019 | 1:48 PM IST

Sensex breaks longest losing streak since 2013 on RBI cash boost to govt

But looking beyond this event, election is the biggest factor as the nation stares at an uncertain outcome, say experts

Sensex breaks longest losing streak since 2013 on RBI cash boost to govt
Updated On : 19 Feb 2019 | 11:12 AM IST

Valuations attractive: JP Morgan paints rosy outlook for emerging markets

Both the US and China want a trade deal, and that would bring relief to the assets, including those in China

Valuations attractive: JP Morgan paints rosy outlook for emerging markets
Updated On : 19 Feb 2019 | 9:48 AM IST

Explainer: Why Jet Airways is selling a majority stake for Re 1

Jet Airways has defaulted on loans that were due by December 31 and has delayed payments to staff and lessors

Explainer: Why Jet Airways is selling a majority stake for Re 1
Updated On : 19 Feb 2019 | 8:25 AM IST

India's sugar output seen falling below 30 mt in 2019-20 on dry weather

A drop in harvest for a second year will potentially cut overseas shipments and support global prices that fell 21 percent in 2018

India's sugar output seen falling below 30 mt in 2019-20 on dry weather
Updated On : 19 Feb 2019 | 8:00 AM IST

Global car markets in reverse gear; Trump tariffs only making things worse

The global slowdown has hit earnings of almost everyone from Ford Motor Co. to Volkswagen AG and Toyota Motor Corp. to pile on the pressure as they spend on electrified and autonomous vehicles

Global car markets in reverse gear; Trump tariffs only making things worse
Updated On : 19 Feb 2019 | 7:56 AM IST

PSUs join tech firms in buyback spree to help govt meet asset sale target

Infosys, Asia's second-largest software exporter, last month said it would buy Rs 82.6 billion of its own stock

PSUs join tech firms in buyback spree to help govt meet asset sale target
Updated On : 17 Feb 2019 | 9:27 PM IST

Amazon's deep bench: The managers steering company as Bezos fights scandal

Since Bezos announced his divorce in early January, the company's shares have declined 2.9 percent, missing Wall Street's early 2019 rally.

Amazon's deep bench: The managers steering company as Bezos fights scandal
Updated On : 17 Feb 2019 | 5:59 PM IST

Central bankers to stage dovish view as economic data continues to vex

Here's the weekly rundown of the other key economic events.

Central bankers to stage dovish view as economic data continues to vex
Updated On : 17 Feb 2019 | 4:52 PM IST

Opec-plus-oil deal wobbles as Saudi exceeds output cut goals, Russia lags

Saudi Arabia's planned output cut will leave production in March at its lowest in more than four years, while Russia's remains near its record high

Opec-plus-oil deal wobbles as Saudi exceeds output cut goals, Russia lags
Updated On : 17 Feb 2019 | 2:58 PM IST

Trade war halves Hong Kong's Q4 show, drags export growth to almost zero

Hong Kong, a key financial and trade hub for Asia, has been hit hard by the ongoing US-China trade war

Trade war halves Hong Kong's Q4 show, drags export growth to almost zero
Updated On : 17 Feb 2019 | 2:25 PM IST

Can technology untie Brexit knot at Irish border where wifi doesn't work?

The EU maintains the so-called backstop, a guarantee in the Brexit deal which binds Northern Ireland closely to the bloc, is needed

Can technology untie Brexit knot at Irish border where wifi doesn't work?
Updated On : 17 Feb 2019 | 11:31 AM IST

How easy credit from shadow banks has begun to haunt Indian realty sector

The regulator for housing-finance firms has allowed an accumulation of illiquid long-term assets with liquid short-term liabilities

How easy credit from shadow banks has begun to haunt Indian realty sector
Updated On : 17 Feb 2019 | 9:41 AM IST

Swiss tourism industry revives on back of global demand, good snowfall

The heavy traffic out of Zurich on the first day of school break tells a story of domestic demand

Swiss tourism industry revives on back of global demand, good snowfall
Updated On : 17 Feb 2019 | 12:47 AM IST