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IMF cuts India’s growth projection, but it still retains world’s top spot

By Arul Louis United Nations, July 16 (IANS) The International Monetary Fund (IMF) cut India’s growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday,…





High capex may boost Indian Oil’s debt: Fitch

Mumbai, July 16 (IANS) US agency Fitch Ratings on Monday said it expects state-run refiner Indian Oil Corporation’s (IOC) net debt levels to increase due to its large capital expenditure and investment plans. In a…




ICICI Bank postpones AGM by over a month

Mumbai, July 16 (IANS) Controversy-hit private lender ICICI Bank has postponed its annual general meeting (AGM) to September 12, 2018 from the earlier scheduled August 10. “We wish to update that the change in AGM…