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BB bailout unlikely to perk up bourse: experts

Boosting stocks by providing an incentive of making loans available is not a sustainable way for reviving investors’ confidence, rather, it might lead to the creation of further risks for the banking sector, said experts on the matter.

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HSBC toasts business trailblazers

Seven business groups and one leading non-governmental organisation were crowned at the inaugural HSBC Business Excellence Awards for their role in promoting the country and contributing to the sustainable growth of the economy.

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Top bankers sceptical of 6.0pc deposit rate

The country’s top bank executives evinced on Tuesday their grave concern over the 6.0 per cent interest rate on bank deposits as they believe such a poor rate will be “challenging” for mobilising funds from the public.

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Logistics companies grinning

People’s voracious appetite for shopping and consuming food and beverage from the convenience of one’s home is giving oversize boost to logistics companies, with as many as one lakh deliveries taking place a day.

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