Business

RBI’s change in stance as good as additional 25 bps rate cut: Shaktikanta Das

RBI’s change in stance as good as additional 25 bps rate cut: Shaktikanta Das

Mumbai: The Reserve Bank of India`s change in monetary policy stance effectively equates to an additional 25-basis-point (bps) rate cut,…
Banking sector facing many challenges: Nitin Gadkari

Banking sector facing many challenges: Nitin Gadkari

Nagpur: Union minister Nitin Gadkari on Saturday said that the banking sector was facing a lot of challenges on various…
Sell off continues on Dalal Street, Sensex tanks over 500 points

Sell off continues on Dalal Street, Sensex tanks over 500 points

New Delhi: Indian shares extended sell off on Friday, ahead of the announcement of Q1 earnings from Reliance Industries, with…
SBI instant money transfer (IMT): Here’s how to withdraw cash without using debit card

SBI instant money transfer (IMT): Here’s how to withdraw cash without using debit card

New Delhi: State Bank of India (SBI), the country’s biggest lender offers instant money transfer (IMT) service. It allows the…
Banks in big loss or under PCA to be barred from buying NBFC assets

Banks in big loss or under PCA to be barred from buying NBFC assets

New Delhi: State-run lenders currently under the RBI’s Prompt Corrective Action (PCA) framework on account of bad loans and heavily…
SEBI to scrutinise public statements made by IndiGo CEO Ronojoy Dutta

SEBI to scrutinise public statements made by IndiGo CEO Ronojoy Dutta

New Delhi: The promoter feud at InterGlobe Aviation intensified over governance issues. Co-founder and promoter Rahul Bhatia’s group on Wednesday…
Budget advances economic reform, fiscal settings unchanged: Fitch

Budget advances economic reform, fiscal settings unchanged: Fitch

Mumbai: Global rating agency Fitch Ratings on Wednesday said that though India’s new budget has been outlined some economic reforms…
Six key things individual taxpayers must know post Budget 2019 announcements

Six key things individual taxpayers must know post Budget 2019 announcements

New Delhi: Finance Minister Nirmala Sitharaman presented her maiden Budget 2019 on July 5. A slew of changes have been…
Rupee slips 16 paise to 68.58 against US dollar in early trade

Rupee slips 16 paise to 68.58 against US dollar in early trade

Mumbai: The rupee on Monday depreciated by 16 paise to 68.58 against the US dollar in early trade, mainly due…
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