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MSME worst hit by GST, Demonetisation, says RBI study

3 days ago
A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST) rollout and Demonetisation, which had a significant impact on the overall  ... ...

US tariffs to stay on Turkey, Qatar offers Ankara aid

6 days ago
By Daren Butler, Humeyra Pamuk and Jeff Mason. ISTANBUL/WASHINGTON () The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged  ... ...

Qatar to aid Turkey, currency rallies but US says tariffs to stay

6 days ago
By Daren Butler, Humeyra Pamuk and Jeff Mason. ISTANBUL/WASHINGTON () The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged  ... ...

Independence Day 2018: Celebrate the spirit of freedom with these patriotic poems, songs

7 days ago
“At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom,” these were the words delivered by the first Prime Minister of Independent India, Jawaharlal Nehru on the night of August 15, 1947. He hoisted the Indian ... ...

Turkish lira pulls back from record low, markets rattled

1 week ago
By Daren Butler. ISTANBUL () Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but its meltdown continued to rattle Turkish l ... ...

Turkish lira pulls back from record low after central bank frees up liquidity

1 week ago
By Daren Butler. ISTANBUL () Turkey's lira pulled back from an overnight record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut lira and foreign currency reserve requirements for Turkish banks. ... ...

Fraudhit lender PNB plots revival after second straight quarterly loss

2 weeks ago
By Devidutta Tripathy and Chris Thomas. BENGALURU/NEW DELHI () India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a massive fraud, but expects faster bad loan recovery to  ... ...

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