A UK High Court judge has denied former liquor tycoon Vijay Mallya permission to appeal against his extradition order to India, with alleged fraud and money laundering charges amounting to Rs 9,000... Read more »
Lakshmi Vilas Bank-Indiabulls Housing Finance merger has been approved by Board. The proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance will create a much stronger entity. The Reserve Bank of... Read more »
India has shared a list of 380 products including horticulture, textiles, chemicals and pharmaceuticals with China as their shipments hold huge export potential in the neighbouring country, an official said. Increasing exports... Read more »
Global rating agency Fitch Ratings on Thursday kept India’s sovereign rating unchanged at the lowest investment grade of ‘BBB-’ with a stable outlook. This is the 13th year in a row that... Read more »
The Monetary Policy Committee (MPC) held its first bi-monthly policy statement meeting today. The meeting discussed various current and impending macroeconomics situations. The committee decided to reduce the policy repo rate under the liquidity... Read more »
The Supreme Court (SC) on Tuesday repealed the RBI’s 12 February circular, which laid down rules for recognising one-day defaults by large corporates and initiating insolvency action as a remedy. On... Read more »
Last year, the government announced that the PAN has to be linked with the biometric ID by March 31. As per an official statement, the government on Sunday extended the deadline for... Read more »
The Reserve Bank of India (RBI) is looking to cut key lending rates by another 25 basis points on Thursday to boost economic activities amid fears of global slowdown impacting domestic growth... Read more »
Congress President Rahul Gandhi on Thursday said new ventures will not require any regulatory permissions for three years and will get easy access to bank credit if his party is voted to... Read more »
Five state-owned banks, including PNB, Bank of Baroda and Union Bank, Thursday received shareholders’ approval for capital infusion of Rs 21,428 crore in lieu of preferential allotment of shares to the government.... Read more »