Bank of Rajasthan is keen on increasing its stake in Bharat Overseas Bank (BhOB) as part of its efforts to become a national level bank.
The US president-elect twisted his ankle on Saturday when he slipped while playing with Major, one of his two German shepherd.
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
Five other civilians injured as Pak troops shelled border out posts along the IB.
Foreign portfolio investors (FPI) have pumped in a net sum of Rs 49,553 crore in Indian markets this month so far on back of high liquidity coupled with improving global indicators and clarity after the US presidential elections. FPIs invested Rs 44,378 crore in equities and Rs 5,175 crore in the debt segment, taking the total net investment to Rs 49,553 crore between November 3-20. In October, FPIs invested a net sum of Rs 22,033 crore.
Need to conserve profits to strengthen the capital base is driving the effort.
The pledging of gold to tide over a balance of payments crisis in 1991 became an emotive national issue at the time.
A look at this week's hits and misses.
The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month
Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence. Then he has to prepare for an interim government, in which no one would now want to become a cabinet minister leave alone prime minister, explains N Sathiya Moorthy.
The former liquor baron owes several banks a total of as much as Rs 9,000 crore
The Dubai branch of Bank of Baroda has been directed by courts in Dubai to pay a sum of over $103,869 to an Indian company in a bank guarantee case.
The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had sought to value banks' deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt from April 1, were strongly opposed by the finance ministry. In a statement released on Monday, the regulator said the maturity would be 10 years until March 31, 2022, and would be increased to 20 and 30 years over the subsequent six-month period.
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit at $50 billion
Indian companies are unable to raise prices because 35 per cent of the drugs sold in the country come under the government's price control order.
With the rupee fast losing value against the US dollar, Finance Minister Pranab Mukherjee on Friday blamed volatility in global commodity prices for currency depreciation and said deteriorating balance of payment (BoP) situation in several Asian countries also put stress on currencies.
The Communist Party of China has clipped the wings of Bo Xilai, a popular leader among netizens. B Raman explains why
With expectations of a significant rise in savings rate and share of working population over next 50 years in India, the current phenomenon of overall surplus in balance of payments may not be a temporary one, RBI deputy governor Rakesh Mohan said.
Bo, who was replaced by Vice Premier and Politburo member Zhang Dejiang, was known in China for his populist Maoists revival campaign and had been seen as one of the leading contenders to join party's powerful nine-member Politburo standing committee, which virtually governs the country.
The Development Commissioners have recommended to the Board of Approval to cancel these SEZ projects.
Developments in the disgraced party official Bo Xilai case have engulfed China's top leadership. Was Bo's ouster part of a well-planned conspiracy? Security expert B Raman takes a look at the intriguing incident.
China has suspended Bo Xilai, a top politician who was once regarded as the rising star in the ruling Communist Party of China hierarchy, from all party posts and also detained his wife over the suspected murder of a British national.
Trump presidency was the first in more than 100 years not to feature a "first dog". Neither President Trump nor his wife Melania owned any pets.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.
The BoA, a 19-member inter-ministerial body that deals with special economic zone -related matters, is scheduled to meet on September 9.
Tata Motors is likely to have one more achievement to cheer about as it gets into the new financial year, when Thailand's Board of Investment (BoI) approves the company's proposal to make an eco-car. A BoI official in Bangkok told Business Standard that the internal approval meeting, scheduled for April 2, 2008, was likely to give its nod to India's third largest passenger car maker to manufacture the eco-car.
In yet another ceasefire violation, Pakistani Rangers on Sunday resorted to small arms firing on forward Border Outposts along the international border in Jammu district.
SBI is the third state-run lender to lower the lending rates after Indian Overseas Bank Tuesday and Bank of Maharashtra which also lowered their loan prices by 5 bps on loan tenors of one year and above, effective April 10.
Bayern come from behind to beat gutsy Mainz 2-1 and widen gap.
The global brokerage firm further said that BoP would be INR-supportive.
Violating the ceasefire yet again, Pakistani Rangers resorted to firing of mortar bombs on border out posts along the International Border in Jammu district.
It is believed that the new draft guidelines will encourage foreign banks to acquire stakes in Indian banks.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
DIG B K Loshali has been removed as the chief of staff at northwest region.
Two elderly Chinese aerospace experts are hospitalised after a violent attack by a 'Princeling', states Jayadeva Ranade, the distinguished China expert and retired RA&W officer, highlighting the power the 'Princelings' ironically hold in the Communist People's Republic.
Tightening financial conditions have set the stage for early Fed easing. Outside the US, there is no longer expectation of the ECB, BoJ, BoE, and BoC to hike rates this year again
