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| ADB trims India's GDP growth forecast to 5.1% in FY20 "India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foundering of a major non-banking financial company in 2018 led to a rise in risk aversion in the financial sector and a credit crunch. Also, consumption was affected by slow job growth and rural distress aggravated by a poor harvest," Asian Development Bank said. |
| ISRO crosses another milestone, PSLV rocket makes 50th flight With clear skies in the background, the 44.4 metre tall rocket lifted off majestically at 3.25 pm from the first laun... |
| Passenger vehicle retail sales up 1% in November: FADA According to FADA, passenger vehicles (PV) sales stood at 2,55,535 units in November 2018. Two-wheeler sales increase... |
| Qatar fund to buy 25% stake in Adani Electricity Adani Electricity Mumbai Limited is a wholly owned subsidiary of Adani Transmission |
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 | |  | The budget-hostels business is unviable in India. Zostel is forced to explore new segments. | | | |
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| More From our Partners 5 Mistakes to avoid while applying for a gold loan
Gold loans are easily available and widely advertised today, it is easy to falter while applying for one. Here are top five mistakes to avoid while making a gold loan application. |
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| MARKET NEWS |
| Saudi Arabia ready to issue new international bonds as soon as January Local issues are expected to account for 55 per cent of the total debt issuance plan.... |
| Govt set to clear another major relief package for NBFCs, HFCs The partial credit guarantee for NBFCs may now be extended to BBB+ assets.... |
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| FROM THE NEWSPAPER |
| For the next RBI rate cut, check for onions in your salad A surge in prices of onion and sugar has brought back the bad memories of farm economy roiling the rest.... |
| Personal Data Protection Bill: Exemptions for govt agencies worry experts The new Bill was cleared by the Union Cabinet last week and shared with Members of Parliament on Tuesday. It is expec... |
| Family feud at Gati may hinder share sale to Allcargo Logistics On December 5, Allcargo bought 10.38 million, or 8.51%, shares in Gati for Rs 77.8 crore.... |
| Signals are clear: DTH operations of Airtel, Dish TV may merge ET was the first to report on March 18 that Bharti chairman Sunil Mittal had initiated talks with the Essel Group pro... |
| BJP's challenge in Ranchi is to beat anti-incumbency BJP has been winning the Ranchi assembly seat since 1990 and the minister and current MLA CP Singh is a fourth term M... |
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