The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Third time lucky is an apt phrase to describe the remarkable rise of Joe Biden, a veteran in US politics for around five decades, from being one of the youngest senators in history to the oldest American president-to-be.
BBPS allows you to pay electricity, telephone, water supply, gas and DTH bills. Its scope will be expanded to include other payments like school and university fees, government taxes, insurance premiums, mutual fund investments, even credit card bills.
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
The stock was the worst hit among Sensex and Nifty components.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Pakistan would want to take full advantage of the situation to direct Taliban trained terrorists into the Kashmir Valley, alert Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
Surat-based company in talks with banks, insurance cos, manufacturing cos etc for their iris scanner machine.
United States President Barack Obama will have a tight schedule during his three-day visit starting January 25, as he will hold talks with top leadership in New Delhi on ways to make progress on key issues like defence and civil nuclear agreement and attend the Republic Day celebrations as the chief guest, among other engagements.
The move is likely to help 4.59 lakh housing units across the country.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
Golden girl Kangana Ranaut.
The announcement comes on the first anniversary of the project.
4,000 dialysis units to be set up across India, government working on providing free basic healthcare to BPL families.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.
News of all that's transpired on and off the football field
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
Chairman says turnaround has begun in sector expects 10% growth in firm's core business this year.
It is for the companies and the industry to ascertain where they want to run with the US-India civilian nuclear agreements reached by Washington and New Delhi, says United States Assistant Secretary of State Nisha Biswal. Aziz Haniffa reports for Rediff.com from Washington, DC
Rana Gangeshwar Singh, the Bharatiya Janata Party MLA from Mohiuddinnagar in Bihar, spoke to A Ganesh Nadar on why he made this startling declaration to back the chief minister from another party.
During the first quarter ended June, 2014-15 fiscal, LIC earned a total premium of Rs 14,016 crore.
Combination of term plans and mutual funds will provide the same benefits.
The two-day nationwide strike call, demanding early wage revision among other issues, was given by United Forum of Bank Unions that comprises nine national unions.
'If you are looking to fulfil imminent long-term commitments, the new online Ulips are the right product for you,' notes Santosh Agarwal/Policybazaar.com.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
About 4 GW of new nuclear power capacity is under construction in India
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
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The benchmark has gained 2 per cent this week on continued hopes the incoming Narendra Modi government would unveil substantial economic reforms.
Four years after setting up a "home away from home" in the Franschhoek winelands of Cape Town, he is increasing his investments in the hospitality sector in South Africa.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
The new drugs to come under price control include commonly-used antibiotics and painkillers
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