Mumbai: The non-life segment will lead the recapitalisation drive in the domestic insurance sector, as the industry as a whole may raise up to Rs. 8,000 crore over the next five years to shore up
Kochi : At least another 3,000 new job opportunities are likely to be created in the next two years at Infopark Thrissur, with the completion of a new 3.3 lakh square feet IT block by
New Delhi: India's multi-millionaires prefer to buy their second homes in leading global financial centres such as London, New York and Singapore, according to a report by New World Wealth.The bulk of London's second home
New Delhi: Weeks after India was accused of blocking WTO talks over food subsidy issue, Prime Minister Narendra Modi said the country does not stand in the way of rule-based global trade but the interests
New Delhi: With Brent crude oil prices dipping below $100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in
Mumbai: Country's largest lender SBI, which has Rs 4,000-crore exposure to coal mines, today said the banking system is unlikely to take a hard knock even if the Supreme Court cancels all the 218 coal
New Delhi: The world is heading for a global job crisis, which is hurting the chances of a swift economic recovery, the World Bank warned on Tuesday.In a study released at a G20 Labour and
New Delhi: India has signed the free trade agreement (FTA) in services and investments with 10-member Asean, paving the way for freer movement of professionals and further opening opportunities for investments.The country implemented FTA in
Mumbai: State Bank of India, the country's largest lender, on Monday said it is planning to launch contactless debit cards which would enable customers to carry out some transactions without having to enter the pin
New Delhi: The government will not allow foreign direct investment (FDI) in multi-brand retail, Commerce and Industry Minister Nirmala Sitharaman said Monday.“We are clear that FDI will not be allowed in multi-brand retail trade. We
Chennai: There should be a proper price/premium discovery through data analysis and a tender for the accident insurance cover offered under the Pradhan Mantri Jan Dhan Yojana, a top official of an insurance company said."Discovery
New Delhi: As the government awaits Supreme Court's decision on the mines allotted since 1993, Ministry of Power and Coal is firming up plans to commence the auction process by the end of current financial
New Delhi: The appreciation in the US dollar notwithstanding, the rupee is expected to trade in the 58-62 range supported by softening of global oil prices and curbs on gold imports, says a Bank of
New Delhi: Government is committed to assure 24x7 electricity supply to every house hold by bringing in transformative reforms in the sector, Power and Coal Minister Piyush Goyal said on Sunday.He said the government is
New York: India's new government may take some time to unveil "grand, big picture reforms" as it is currently focusing on implementation of stalled projects worth $50-70 billion that will pay dividends in the short
New York: The government and the Reserve Bank of India will this year negotiate to formulate a monetary framework for the central bank that lays more emphasis on inflation, the bank's Governor Raghuram Rajan has
New Delhi: China will overtake the US to become the world's biggest economy over the next decade, according to an IHS report.0The report suggests that Chinese consumer spending is predicted to triple over the next
New Delhi: Putting to rest the debate on printing of one rupee notes, the Law Ministry has opined that the Government of India has all the powers to print currency notes of this denomination.While the
New York: India's new government may take some time to unveil "grand, big picture reforms" as it is currently focusing on implementation of stalled projects worth $50-70 billion that will pay dividends in the short
New Delhi: The Reserve Bank of India is likely to hold the key interest rate in its policy review meeting later this month and is expected to lower that from February, says a Bank of
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