'The effect will be seen two-three quarters down the line.'
Check out this interesting scheme at a Nagpur zoo.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
The Eid photo album, from New Delhi to New York.
The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
The company has a valuation of Rs 2.22 trillion, up from Rs 1.33 trillion a year ago.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading
'Serial testing is much more valuable than a single test which reflects just a point in time.'
In a scathing status report, the Committee of Administrators (CoA) has described N Srinivasan and Niranjan Shah as "disqualified office bearers with vested interest", who are trying to stall implementation of Lodha reforms.
Close to 202,000 new entities have registered under the GST Network
'Education will definitely benefit by making the child's first language the medium of instruction, by making examinations less prone to rote-learning, by setting up national research universities, all recommendations of the NEP,' observe Pankaj Jain and Shreekant Sambrani.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
Mamata imposed affirmative action to the point of absurdity. This has naturally led to counter-action: The Hindus who never thought of themselves as Hindus are now banding behind the BJP, points out Aditi Phadnis.
Decorated lights decked up buildings and earthen lamps dotted houses as people across the country celebrated Diwali.
The key beneficiary of this expansion in the motorcycle market happens to be Bajaj Auto.
Attacking the Mamata Banerjee government in West Bengal over the issue of development, Rahul Gandhi on Tuesday said funds worth crores were sent from the Centre to the state but they never reached the people.
The arrival of summer in India may have raised hopes that hot and humid weather could slow the COVID-19 progression but virologist Naga Suresh Veerapu believes that outbreak and pandemic occurrences often do not follow seasonality.
The World Meteorological Organisation/Economic and Social Commission for Asia and the Pacific Panel on Tropical Cyclones, at its twenty-seventh session held in 2000 in Muscat, Oman, agreed to assign names to the tropical cyclones in the Bay of Bengal and Arabian Sea.
While lending rates have been jacked up on an average of 5-10 bps by private sector lenders like HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank since January, almost all the PSBs have been increasing their bulk deposit rates in the range of 15 bps to 125 bps.
A recap of events that occurred in India in the past 24 hours.
'The present government swears by Hinduism. But we lost three of our sants during earlier BJP regimes.'
This incident has again exposed that despite prohibition being in force in Bihar, alcohol is still available in the black market and that the liquor mafia is very much active
Moody's said domestic growth will offset global headwinds.
Processing fee waived on car, gold and personal loans till December
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
The location of the landfall is north of Dhamra and south of Bahanaga, close to Bahanaga block, on the coast, around 50 km of Balasore, he said.
In the run-up to the polls, a survey has revealed that better employment opportunities is the single most important issue for citizens and that the government has fared below average in this aspect.
'People are getting back to work.' 'The worst seems to be over.' 'It is very likely that the recovery is mostly among the informal, self-employed, workers who cannot afford to be away from work for too long,' notes Mahesh Vyas.
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
The strike was supposed to affect about 23 million passengers.
From former rivals Narayanaswami Srinivasan and Sharad Pawar to current Board of Control for Cricket in India heavyweights, India's cricket fraternity bid an emotional farewell to Jagmohan Dalmiya, who was cremated with full state honours and a gun salute, on Monday.
Former India captain Sunil Gavaskar paid tributes to BCCI president Jagmohan Dalmiya terming him as someone, who put the game of cricket above everything else.
The Board of Control for Cricket in India has filed a 238-page writ petition in the Supreme Court in order to get clarity about whether its former president N Srinivasan should be allowed to attend the Board meetings.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy
The benchmark M-30 variety of sugar has declined by over 3 per cent in November to trade now at Rs 3,694 per quintal
