RBI makes debt recast norms more stringent

The Reserve Bank of India on Thursday said all loans recast after April 1, 2015, should be classified as non-performing asset.Also, from June 1, the provisioning requirement for fresh standard......

We are targeting 10,000Mw in 5 years: GVK CFO

Hyderabad-based GVK Power & Infrastructure Limited is a leading infrastructure development company with experience and expertise spanning areas such as power, airports, roads, mining and urban......

Govt admits it bloated Jan IIP data from 1.1% to 6.8%

Official data collection is proving to be a minefield.The government on Thursday formally admitted it had faltered on industrial growth data for January by overestimating sugar production more than......