Business Bureau

Bhubaneswar: Even as the country is facing economic slowdown amid global pandemic, Odisha has able attract investment in diverse sectors. Odisha Government today approved five new investment proposals amounting to Rs. 1851.96 crs. The…

Mumbai: In a major blow to the reputation of India’s largest public sector bank, State Bank of India (SBI) has under-reported bad loans by ₹11,932 crore in FY19, a Reserve Bank of India (RBI) risk assessment report said. The central bank…

New Delhi: The Indian rupee today fell sharply against the US dollar as oil prices jumped up  after drone attacks on Saudi Arabia's oil infrastructure. The rupee fell to as much as 71.42 a dollar as compared to its previous close of 70.92.…

New Delhi: The recent suicide of business tycoon VG Siddharta has once again brought the India’s grim debt crisis and perhaps gloomy Indian economy to fore once again.

Mumbai: In a significant development, Viral Acharya, Reserve Bank of India’s (RBI’s) youngest deputy governor post-economic liberalisation, has resigned six months before the scheduled end of his term. People familiar with the development…