Indian Banks' 'Net NPAs Are Coming Down,' Sitharaman Tells Parliament

Around Rs 33,801 crore was recovered till March 31, 2023, and over Rs 15,000 crore was restituted to banks from defaulters, she said.

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NSE Indices Launches New Variant Of Nifty 50

The new indices will help to attract the overseas investors who are planning to invest in the Indian stock markets.

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Ski Boots To Seaweed Flash A Familiar Signal For Indian Economy

Indians are spending more on premium imports—from imported fruits and flowers to leather handbags and alcohol.

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Abhyudaya Co-Operative Bank's Net Worth Had Slipped Into Negative In FY23

The co-operative bank is required to set aside Rs 193 crore for investments in security receipts held, the former chairman said.

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Adani Green Hits Upper Circuit After $1.36 Billion Loan For Green Energy Park

The financing will be a key enabler for developing the world’s largest renewable energy park at Khavda in Gujarat.

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Nifty Midcap 100 Logs Best Winning Streak Since Inception

The index has run up over 40% so far this year.

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Rs 24,010 Crore GST Evasion, 21,791 Fake Entities Detected In Special Drive: Sitharaman

A simplified procedure for registration of e-commerce operators has already been notified, she says.

Photo Credit: Janani Janarthanan/BQ Prime