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FinMin sets up panel to give more teeth to debt recovery laws

FinMin sets up panel to give more teeth to debt recovery laws

Last Updated: Wednesday, July 30, 2014, 18:34

The Finance Ministry has constituted a panel to give more teeth to the debt recovery laws to effectively deal with wilful defaulters and check bad loans which have soared to Rs 2.40 lakh crore.

Majority of business leaders confident of economy: LinkedIn

Last Updated: Thursday, July 24, 2014, 23:30

Buoyed by formation of a business friendly government, a vast majority of the country's business leaders are optimistic about the growth of the domestic economy, says a survey by professional networking site LinkedIn.

Incipient recovery on anvil for India: SBI

Last Updated: Tuesday, July 22, 2014, 15:40

India's exports are expected to rise 12-13 percent in the second quarter of the current financial year.

More steps will be taken to sustain economic recovery: Jaitley

Last Updated: Friday, July 18, 2014, 17:45

Government on Friday blamed the "policy paralysis" and retro tax amendment of the previous UPA regime for the current economic woes.

GDP growth to improve this fiscal: Jaitley

Last Updated: Friday, July 18, 2014, 16:13

India's economic growth is expected to improve during the current fiscal from 4.7 percent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed today.

European markets settle after Portugal-led rout

Last Updated: Friday, July 11, 2014, 15:24

European shares were still on track to post a sharp weekly loss as investors reassess stretched valuations for global equities amid a slower-than-expected pace of economic recovery in the euro zone.

Global recovery to accelerate in 2015: IMF

Last Updated: Sunday, July 06, 2014, 14:05

Lagarde estimated that growth in China this year would be between 7 and 7.5 percent.

US private job growth jumps in June

Last Updated: Wednesday, July 02, 2014, 18:58

The private sector added 281,000 jobs in June, surging higher from a lackluster 179,000 in May.

Eurozone growth stalls, France lags, deflation threatens

Last Updated: Sunday, June 29, 2014, 09:11

France risks getting left behind in the eurozone economic recovery.

PSU banks' asset quality woes likely to continue: Fitch

Last Updated: Monday, June 16, 2014, 14:17

Gross NPA level of commercial banks stood at 3.9 per cent as of March-end as compared with 4.2 per cent till September 2013.

'With new govt, positive sentiment trickling in hiring cos'

Last Updated: Friday, June 06, 2014, 20:59

Leading HR consultancy firm Randstad India today said there is cautious optimism with the new government in power, and the positive sentiment is trickling through the hiring companies with a little bit of uptake on the number of jobs.

Drag in euro zone recovery supports call for ECB action

Last Updated: Wednesday, June 04, 2014, 17:02

A slowdown in the euro zone`s economic recovery in the first quarter was confirmed on Wednesday, likely reinforcing calls for bold action by the European Central Bank this week to fight low inflation and high unemployment.