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ONGC charts course for new ‘avatar’; targets $15-16 bn investment – Moneycontrol

by abhinav | Aug 30, 2019 | News

Oil and Natural Gas Corp (ONGC), which has seen crude oil production stagnate as a majority of its prime fields are ageing and are past their prime, has adopted a new ‘Energy Strategy 2040’, company Chairman and Managing Director Shashi Shanker told reporters… Read More

reported by at Moneycontrol.com

GDP growth at 5% in Q1, more rate cuts from RBI likely – Livemint

by abhinav | Aug 30, 2019 | News

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First-quarter GDP growth way below analysts’ expectations of 5.7%.The Indian economy had grown 5.8% in the March quarter Read More

reported by Asit Ranjan Mishra at Livemint.com

Government unveils mega bank mergers to revive growth from 5-year low – Times of India

by abhinav | Aug 30, 2019 | News

India Business News: Finance minister Nirmala Sitharaman on Friday announced mega plan to merge 10 public sector banks into four as part of plans to create fewer and stron Read More

reported by at The Times of India

BSNL facing challenge in crediting month’s salary on Aug 30: Source – ETTelecom.com

by abhinav | Aug 30, 2019 | News

Cash-strapped Bharat Sanchar Nigam Ltd (BSNL) is facing a challenge in crediting staff salaries for this month on August 30, a senior official admitted on Friday. Read More

reported by ET Telecom at The Times of India

GDP growth falls to over six-year low of 5% in April-June quarter – Times of India

by abhinav | Aug 30, 2019 | News

India Business News: India’s Gross Domestic Product (GDP) growth for the April-June (Q1) quarter slowed to 5 per cent from 5.8 per cent in the previous quarter (January-M Read More

reported by at The Times of India

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