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Mumbai Ring Road project gets $2.5 billion funding commitments

Economy
India’s Maharashtra state has obtained 215 billion rupees ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according...

PSU Banks to likely reverse 3-month’s underperformance in October. 2 reasons why

Stocks
PSU Banks have had a tough run on the Street over the July-September quarter plunging by up to 12% in this period. At...

PNB: PNB launches QIP to raise up to Rs 5,000 crore at Rs 103.75 per share

Stocks
State-owned Punjab National Bank (PNB) on Monday launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore at an indicative...

India, Myanmar discuss ways to promote trade through local currencies

Economy
India and Myanmar on Saturday discussed ways to promote bilateral trade through their local currencies rupee and kyat. The issue was discussed...

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