The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
India and the United States vowed on Thursday to step up joint efforts to halt illicit money flows.
Stocks such as ICICI Bank, Axis Bank, State Bank of India, Bank of Baroda and HDFC Bank are among the top banking picks of analysts for 2017. A decline in cost of funds and treasury gains are expected to help stabilise their net interest margins
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
This is for the first time that the US has slammed sanctions against an ISIS leader in India.
Trump's move followed a rare show of bipartisanship on Thursday when legislators voted to fund large swaths of the government and avoid a repeat of the recent five-week government shutdown.
Looking to raise OMO limit, borrowing cap for primary dealers.
Inflation isn't a top worry currently, but you still need to guard your retirement savings. Inflation-protected securities could be attractive now
He praised the "very bold move" taken by China's central bank to stop financial transactions with North Korea.
Shunning the idea of making quick money in stocks like gamblers, Punjab National Bank chief K C Chakrabarty has said that the bank's profit would rise by 20 per cent even in the current fiscal.
Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window, traders also said.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
In a cabinet that was already being touted as the most diverse in British history, Priti Patel became the first Indian-origin home secretary with Pakistani-origin Sajid Javid moving from the UK Home Office to become the new chancellor.
Saeed, has been moved to an unknown location.
Foreign institutional investments in equities soared by 43 per cent to over $9.43 billion this year pushing the Sensex to intra-day record high of 6,409 on Wednesday.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
Sparks flew in the Rajya Sabha on Wednesday after BJP leader Subramanian Swamy dragged Sonia Gandhi's name in the AgustaWestland helicopter bribery case
Launching a fresh attack on Prime Minister Narendra Modi, the Shiv Sena today said he is leaving his work in Delhi to hold rallies in Maharashtra.
"This is a golden opportunity for us to lift the lives of the poor, the deprived. This is the time for doing more development and reforms," he said.
Due to tax associations with the fiscal-ending, April is a month of SIP renewal. So, the April numbers will be important and may perhaps, mark a change in retail attitude.
Reserve Bank of India will resume issuing longer-term government securities next week under the market stabilisation scheme, along with the weekly auction of treasury bills.
Former Bihar Chief Minister Lalu Prasad Yadav, lodged in the Birsa Munda Central Jail after his conviction in the fodder scam case on Monday, will hear the arguments on the quantum of sentence and the punishment on October 3 in the jail through videoconferencing.
Chinese stock markets have slumped 30 per cent since mid-June.
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The 'in substance' agreement with India under Foreign Account Tax Compliance Act was concluded on April 11, the US Treasury said.
The Pakistani PM explained how the war-like scenario could erupt in the middle of the current tensions between the two nuclear-armed neighbours. He said Kashmiris would protest and India would launch a crackdown on them.
The COVID-19 pandemic, weak economic conditions, and a few political considerations are some of the challenges he faces.
Noting that the session is taking place just ahead of the 70th Independence Day, Modi said he was confident that discussions of the highest standard will be held.
The confiscation of properties of JuD and FIF comes after Pakistan formally placed them in the list of banned organisations on Tuesday.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
With SAD member and union minister Harsimrat Kaur Badal.
Khan had said in January 2018 that meeting Trump would be a 'bitter pill' to swallow.
Safety and security are important factors when it comes to looking for lodging and accommodation, says Sagar Panchal.
