The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore after it found out that it violated the compliance with regulatory directions regarding SWIFT... Read more »
The Congress proposal of Nyay, a monthly payout of Rs 6,000 to the poorest 20 per cent, can better assessed with more progressive taxation, which could include a wealth tax... Read more »
A day after the government announcement of Public Sector Banks (PSUs) bailout plan for Jet Airways, businessman Vijay Mallya lashed out at the PSUs for “double standards” under the... Read more »
India’s industrial production is expected to stay muted in the near term, on account of weak exports, rural distress, credit constraints and uncertainty over the election outcome, a report... Read more »
Housing finance companies (HFCs) have been facing tight liquidity conditions since September 2018 and this has pushed them to lower their disbursements and meet a sizable portion of their... Read more »
Global rating agency Fitch has cut its India’s economic growth forecast to 6.8 per cent for 2019-20 from the earlier estimate of 7 per cent due to weak momentum in manufacturing and agriculture.... Read more »
The country’s telecom subscriber base for the third time has crossed the 120-crore mark with Reliance Jio, BSNL and Airtel adding new customers in January, according to a report released by... Read more »
India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has asserting after that the country has carried out several key... Read more »
Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being produced in the Westminster Magistrate’s Court, the UK... Read more »
Economists expressed concerns over a sharp slowdown in the Indian economy and pitched for a monetary policy boost to support growth at a meeting with the Reserve Bank of... Read more »