New Delhi: The government's reforms agenda is on track and the economy is on its way to transition to 6.5 per cent growth and 6 per cent inflation levels, says a Morgan Stanley report.According to
Pune: Prime Minister Narendra Modi today pledged not to interfere in the functioning of public sector banks, but wanted the lenders to be accountable failing which interventions in public interest could be made.At the concluding
Pune: Prime Minister Narendra Modi today took to mythology to underscore a need for building adequate knowledge capacities in the banking space, saying that Laxmi - goddess of wealth - would stay longer when combined
Pune: Committing to bold reforms that would professionalise public sector banks, Finance Minister Arun Jaitley today assured bankers that government was ready to protect their commercial decisions as “risks have to be taken” by them.Speaking
Pune: Reserve Bank Governor Raghuram Rajan today made a strong case for cleaning up bad debts of banks and restructures other possible NPAs within a year to put the economy back on track.He also favoured
New Delhi: Minister of State for Finance Jayant Sinha today said the government is committed to fiscal consolidation but hinted that it may not resort to massive expenditure cuts."We're very confident of our fiscal consolidation
New Delhi: India needs to "conceive" several reforms in the banking sector, Finance Minister Arun Jaitley told reporters on Saturday on the sidelines of a two-day banking retreat.Jaitley added that there is a need to
New Delhi: Speculations are doing rounds that noted economist and Columbia University Professor Arvind Panagariya is expected to be the new Vice-Chairman of the revamped Planning Commission NITI Aayog.His appointment is also expected to be
Mumbai: Pitching for greater cashless banking transactions, Prime Minister Narendra Modi today said this can be the best solution for the problem of black money, even as he asked banks to look for ways to
New Delhi: The Commerce and Industry Ministry plans to release the next edition of its consolidated FDI policy document on March 31, incorporating all the changes made over the past year."The next edition of the
New Delhi: Within hours of the government announcing a new body to replace Planning Commission, the Yojana Bhawan staff began hectic preparations to welcome new Vice-Chairman of Niti Aayog and other members who are likely
New Delhi: India's manufacturing sector grew at its fastest pace in two years in December, ending 2014 on a high note on strong orders flows, including from abroad, an HSBC survey said on Friday.The headline
New Delhi: The Reserve Bank on Thursday introduced changes in external commercial borrowings (ECB) norms under which authorised money changing banks have been allowed to create a charge on securities. At present, the choice of
Pune: Top bankers, insurers, financial sector regulators and finance ministry officials will meet here from Friday for a two-day "retreat" to discuss issues such as consolidation and restructuring of the public sector banks (PSBs) to
Mumbai: Bank employees' unions have decided go on a day-long strike on January 7 across the country to press for a wage hike.Bank unions have also threatened to go on strike on multiple days later
New Delhi: There will be no change in the prices of petrol and diesel despite an indication earlier Thursday that these would be reduced. However, jet fuel (ATF) rates have been cut by a steep
Chandigarh: The Punjab government today decided to do away with the Excise and Taxation department's practice of charging VAT while granting liquor licenses for functions at marriage places across the state.Deputy Chief Minister Sukhbir Singh
New Delhi: The government today raised excise duty on petrol and diesel by Rs 2 per litre each but retail pump rates will not be increased.The third excise duty hike since November will help raise
New Delhi: It may be a bumper new year for the job market, with India Inc planning to create close to 10 lakh new jobs and dole out pay hikes of up to 40 percent
New Delhi: The price of non-subsidised cooking gas (LPG) was on Thursday cut by Rs 43 per cylinder on the back of slump in international oil rates.A 14.2-kg cylinder of non-subsidised LPG will now cost
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