Abhijit Lele &Amp; Vrishti Beniwal

Farm growth: Govt, experts differ on impact of uneven rains

Experts say it will make GDP growth target of 5.7-5.8% difficult to achieve, while ministries feel late resurgence will help in sowing of rabi crops.

SBI to raise global biz share to 25% in 3 years

SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.

GST logjam: Centre to take middle path on compensation, oil

Preparing legal framework to protect states from revenue loss.

RBI begins review of Jan Dhan rollout

A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.

I have enough liquidity to look after growth needs, assures SBI chief

In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.

Modi effect: State FMs' foreign junket cut short

Prime Minister Narendra Modi's leash on foreign junkets of his ministers and bureaucrats seems to have trickled down to states as well.

After Aadhaar fiasco, RuPay debit card to dent the exchequer

The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.

Now, Modi looks to use Aadhaar to track bureaucrats

The new system will allow all government employees to mark their attendance from any central government department, by entering a six-digit unique number, besides finger prints or iris scan.

Investment recovery still quarters away

Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.

Banks seek stricter norms for reporting on wilful defaulters

Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.

Ahead of festive season, banks cut big-ticket home loan rates

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

SC verdict on coal blocks worries bankers

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

Modi's secret plan: Showcasing 100 days of 'achche din'

Reliance Retail tweaks funding strategy

Reliance Retail would be exposed to implementation and execution risks in its expansion plans.

Modi's financial inclusion plan to come in 2 phases

The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.

Next-level GST talks on Wednesday

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Suresh Prabhu likely to be deputy chief of Planning Commission

The quiet corridors of the Planning Commission were again agog with activity following talk that the central government would soon announce the former's much-awaited reconstitution.

Modi may announce tech-dependent financial inclusion this I-Day

As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.

Service tax dept may disrupt your grand party

To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens

Govt mulls law to give banks more muscle

At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.