The Reserve Bank of India (RBI) is expected to go for deeper interest rate cuts as part of its policy response to slower economic growth and controlled inflation, according to a report by Morgan Stanley.The report said that the policy approach is likely to remain countercyclical, meaning the RBI would take steps to support the…
Read the national news blog for rolling coverage on today’s top stories. Read the national news blog for rolling coverage on today’s top stories. National Sydney Morning Herald – Latest News
Hundreds of millimetres of rain is expected to fall in north-eastern NSW as a major emergency response continues. Follow our live coverage. Hundreds of millimetres of rain is expected to fall in north-eastern NSW as a major emergency response continues. Follow our live coverage. National / NSW Sydney Morning Herald – Latest News
The investigation into former School Infrastructure NSW chief executive Anthony Manning resumed after a two-day hiatus caused by his decision to part ways with his barrister. The investigation into former School Infrastructure NSW chief executive Anthony Manning resumed after a two-day hiatus caused by his decision to part ways with his barrister. Politics / NSW Sydney Morning…
2 staff members of Israeli embassy killed in shooting near Jewish museum in DC, Noem says 2 staff members of Israeli embassy killed in shooting near Jewish museum in DC, Noem says World Sydney Morning Herald – Latest News
MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among…
Mumbai: Robust demand for office spaces has pushed commercial property leasing in the first three quarters of 2019 by 30% from a year ago, taking it closer to entire 2018’s performance and making sure that this year surpasses the peak touched last year.Driven by tech corporates — accounting for about a third of the leasing…
Apple Inc. lost an early round in a discrimination lawsuit brought in the U.S. by a female engineer from India who says her two managers — one from her country, the other from Pakistan — treated her as they would in their own countries: as a subservient.The woman’s case in California state court is the…
NEW DELHI: Law Minister and senior BJP leader Ravi Shankar Prasad on Wednesday described the arrest of Republic TV Editor-in-Chief Arnab Goswami as “seriously reprehensible, unwarranted and worrisome.”He also questioned the silence of the Congress leadership when its government in Maharashtra was “blatantly suppressing freedom of press.”Police on Wednesday arrested Goswami in Mumbai for allegedly…
Lenders to Anil Ambani-promoted Reliance Capital are likely to recover just about ₹10,000 crore after the winning bidder, Hinduja Group, declined to significantly improve its offer in the last round of bilateral negotiations that ended on Monday evening, people aware of the development told ET. The recovery, totalling about ₹10,090 crore on factoring in the…
