RBI Policy Rates to be Announced Today

RBI Policy Rates to be Announced Today

The Reserve Bank of India (RBI) will announce key policy rates todayafter the conclusion of the two-day meeting of Monetary Policy Committee (MPC). There are mixed expectations as few analysts suggest the regulator may probably increase the repo rate by 25 basis points to a two-year high of 6.5 perc...

01 Aug 2018

Mehul Choksi Might be Liable Under Passp...

Mehul Choksi Might be Liable Under Passport Act

In yet another twist in the Rs 13,000 crore PNB fraud case, sources have revealed that Mehul Choksi did not surrender his passport before acquiring a different citizenship, therefore, is liable under the Passport Act. The development has come into light when an Indian envoy is scheduled to meet Anti...

30 Jul 2018

SBI Increases Interest Rate on Fixed Dep...

SBI Increases Interest Rate on Fixed Deposits by U...

The largest bank of the country, State Bank of India (SBI), has increased the interest rate on fixed depositacross various maturities. On fixed deposits belowRs1 crore, interest rates have been increases upto 10 basis points, One basis point is equal to 0.01 per cent. For fixed deposits with a matur...

30 Jul 2018
SBI organises Kisan Mela to educate farm...

SBI organises Kisan Mela to educate farmers on fin...

In a major farmer outreach, Kisan Mela is being organised at SBI's rural and semi-urban branches across the country to impart financial literacy to farmers. It is one-of-its-kind initiative to develop connect with farmer customers, resolve their grievances and educate them about their various rights...

18 Jul 2018

Reliance focussing on last-mile delivery...

Reliance focussing on last-mile delivery as it tak...

India’s largest private sector company, Reliance Industries has been spreading its tentacles all over from petroleum to retailing and there was nothing stopping it from entering the happening segment, online retail. If reports are to be believed, the corporate giant is already taking steps to ...

11 Jul 2018

Industry Growth Analysis & Forecast: 202...

Industry Growth Analysis & Forecast: 2023

The Global Epoxy Based Thermal Conductive Adhesives Market Research Report 2018 renders deep perception of the key regional market status of the Epoxy Based Thermal Conductive Adhesives Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North A...

03 Jul 2018
SEBI Directs ICICI Mutual Fund to Return...

SEBI Directs ICICI Mutual Fund to Return Rs 240 Cr...

Securities Exchange Board of India (SEBI), the capital markets regulator, has asked ICICI Prudential Mutual Fund to return Rs 240 crore, along with 15 per cent interest, to its five schemes as the money was used in violation of rules during the last bidding day of ICICI Securities, which is its grou...

03 Jul 2018

All Money Deposited in Swiss Bank Not Bl...

All Money Deposited in Swiss Bank Not Black Money

Arun Jaitley in a Facebook posthas denied reports thatgovernment’s anti-black moneysteps have not yielded results. His reply came followingnew reports indicating that black-money has increasedas the money parked by Indians in Swiss banks rose over 50 per cent to Rs 7,000 crore in 2017. Statist...

30 Jun 2018

Insurance Coverage by Government Schemes...

Insurance Coverage by Government Schemes Jumps by ...

The number of lives covered under social security schemes hasdoubled from 5 crore in 2014 to 50 crore in 2018, said Prime Minister Narendra Modi. He also said that number of women having bank accounts have doubled during his tenure, which is an indication of financial empowerment of women in the cou...

27 Jun 2018
Air India Disinvestment Plan Put on Hold

Air India Disinvestment Plan Put on Hold

The government has decided to put Air India disinvestment plan on the back burner in the election year, citing high fuel prices is not good for privatisation of the state-run airline. The government will, however, continue to provide required funds for its operations, a senior official said today. &...

19 Jun 2018

Government committed to meet fiscal defi...

Government committed to meet fiscal deficit target...

The government is committed to meet the fiscal deficit target of 3.3 per cent for the current fiscal, interim Finance Minister Piyush Goyal said. The government will maintain stability in the economy and meet all economic parameters fixed by the government, he said today at an event here. "I can ass...

18 Jun 2018