Current Affairs: Business
Dewan Housing Finance (DHFL) with nearly ₹ 1 lakh crore debt, says it may not be able to meet its payment obligations in the near future, amid ongoing discussions with lenders regarding its resolution plan.
In order to support the government renewables targets, grid-connected energy storage projects up to $35 billion worth of investment opportunities in India are expected by Sterlite Power Grid Ventures.
A net profit of ₹702 crore in the June 2019 quarter is reported by Tata Steel. The consolidated profit reported last year was ₹1934 crore.
Abdul Razak Dawood, Pakistan’s Prime Minister’s Adviser for Commerce says Pakistan will not allow Afghanistan to import goods from India through the Wagah border.
US President Donald Trump claims that China was killing the country with unfair trade deals. The US stock market had suffered losses after Trump announced a 10% tariff on additional $300 billion of Chinese imports.