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Govt acts tough against Greenpeace India, freezes bank accounts

In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts,......

Robber asks taxi to wait, then robs bank and escapes in it

Confident thief! A robber in the UK asked a taxi to wait for him as he went inside a bank and robbed it after which he made his getaway in the cab with thousands of pounds. The robbery took place......

Situation in India's banking sector is not grim at all: K V Kamath

Several factors seem to have corrected in India in the past six months, says the president of New Development Bank. New Development Bank President K V Kamath says the Beijing-based institution will......

Settle your financial affairs before moving abroad

Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts Amit, an Indian citizen, has accepted an offer to work with a UK-based company......

Markets end flat amid choppy trade; Nifty holds 8,700

PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation Benchmark share indices ended flat, amid a choppy trading session, with state-owned banks gaining......

Sensex zooms 440 points to end at fresh 52-week closing high

Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights Benchmark stock indices surged in late trades to end at fresh 52-week closing highs, amid firm European......

Will the new RBI governor look at customer issues?

The average bank customer does not know about the Customer Charter because it was designed – under Mr Rajan’s regime – to be a lame duck initiative from the start: violating......
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The Reserve Bank of India (RBI) on Thursday permitted start-up companies to raise loans via external commercial borrowing (ECB) upto $3 million per... ...
British data prompts global bond selloff; U.S. stocks flat

By Hilary Russ NEW YORK (Reuters) - Strong growth data out of Britain prompted the worst daily selloff in gilts for months and pushed yields on the... ...
PFRDA's move could be a shot in the arm for REITs

The concept of Real Estate Investment Trust (REIT) is finding its feet and policy changes from the pension fund regulator could make a big... ...
Sensex breaks 2-day losing streak; HDFC, ITC lead

Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1% Markets ended two-day losing streak... ...
Global Markets - European banks reassure on earnings, dollar holds near highs

By Vikram Subhedar LONDON (Reuters) - Reassuring results from some of Europe's biggest banks gave the region's beaten-down financials a boost on... ...

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