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March 2019
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Business News
Banks likely to recover bad loans worth Rs 70,000 crore by March-end: Arun Jaitley
 
(New Delhi, Jan04, 2019): Finance minister Arun Jaitley said on Thursday commercial banks were likely to recover Rs 70,000 crore ($9.95 billion) of bad loans by the end of March, helped by resolution of 12 large cases.

Some of the big cases such as Bhushan Power and Steel Ltd and Essar Steel India Ltd are in advanced stages of resolution, and are likely to be resolved in this financial year, Jaitley said in a blog post on Facebook.

Lenders have so far recovered Rs 80,000 crore from the resolution of 66 cases, he added.


Aamir Khan appointed as Brand Ambassador of PhonePes
Jet Airways shares tumble 7 pc
IndiGo launches Delhi-Istanbul flight; plans for wider global expansion
Rupee pauses after 6-day rally, slips 43 paise against US dollar
Jaitley dubs '108 purported economists' as compulsive contrarians
Reliance Communications pays Rs 458.77 cr to Ericsson: Sources
Sensex rises over 100 pts; Nifty above 11,300
Rupee rises by 8 paise to 69.63 vs USD in early trade
Tata Motors bags orders of over 2500 units of commercial passenger transportation vehicles
Crisis-hit Jet Airways defaults on foreign loan repayment
Optiemus launches wireless charger at Rs 2,499/-
Oil prices fall amid weak US jobs data
JSW Cement introduces high-strength Comp Cem cement in Goa
Star rating prog launched for microwave ovens, washing machines
In a first, SBI links pricing of loans, deposits to repo rate
Kia Motors announces partnerships with 8 leading financial institutions to offer financial services
Driving licences, vehicle registration certificates to come in card format only
Mining blocks to be allotted via e-auction only: J&K
ICF to roll out over 3000 coaches this fiscal, among largest railcar builders in world
Mercedes "cautiously optimistic" on growth in election year
KERALA NEWS
Rival Fronts'' spat over CPI-M''s unholy nexus jibe at Cong, BJP
 Thiruvananthapuram: A spat has erupted between rival fronts in Kerala over the ruling CPI(M)''s alle  
Travel bloggers from worldover on trip to scenic Kerala
We think about the future: Sasi Tharoor
No riots in UP since BJP came to power: Adityanath
INTERNATIONAL NEWS
UK facing ''national emergency'' on Brexit: business, unions
 London: Britain faces a "national emergency" as the risk of a no-deal Brexit rises, business and uni
As more are buried, emotional prayer service planned in NZ
200,000 people in Zimbabwe affected by floods, cyclone: UN
Theresa May seeks Brexit Day delay, EU demands new vote
NATIONAL NEWS
Mayawati predicts BJP's doom in LS polls
 Lucknow: BSP chief Mayawati Friday predicted the BJP's loss in the Lok Sabha elections, saying they
Appeal against Aseemanand's acquittal if you are really a chowkidar: Owaisi to Modi
Maoists `apologise' for killing of school teacher
Renowned Indian artist Haku Shah passes away at 85
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