It is a good time for Indian investors to consider adding Chinese stocks to their portfolio.
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The scam-hit lender had posted a staggering loss of Rs 13,417 crore during the corresponding January-March period of 2017-18.
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The CIC's directive came while deciding on a plea by Lucknow-based activist Nutan Thakur, who had based her RTI application on some media reports that RBI Deputy Governor Viral Acharya in a lecture in 2017 had said accounts of some loan defaulters have been sent to banks for resolution.
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In an Interview with BW Businessworld, Amar Singh, Head - Advisory, Angel Broking, talks about equity markets, technology, trade and more
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In view of the recent revision in the credit rating of our fixed deposit programme, acceptance of all fresh deposits, as well as renewals, has been put on hold with immediate effect.
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Among the longer-term reforms, Panagariya recommended reform of labour laws.
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Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore.
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The recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent.
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