U.S. economic growth braked more sharply than expected in the first quarter.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
A big hit to China's growth or to Europe's financial system could certainly tip the global economy.
Banerjee, also the TMC supremo, said in a sarcastic way that personnel of security forces such as the CRPF, BSF, CISF and the Army are present at convoys of every BJP leader visiting West Bengal.
RBI's out-of-turn rate cut has surprise few economists.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
It's crucial for Modi to make India an easier place to do business.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
'Revisit old footage, perhaps: Your favourite Messi goal, your most memorable Tendulkar century, your dearest Manchester United comeback.' 'Only then will we be able to grasp the lost meaning of why we watch sport, why we love it so much,' notes Dhruv Munjal.
Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.
The Rajya Sabha on Monday saw high drama and embarrassment for the government as a Constitution amendment bill on backward classes was changed after some amendments moved by the Opposition were passed by the House.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
A Pakistani court on Friday dismissed the plea of Zaki-ur-Rehman Lakhvi against his detention under a public security act, keeping the mastermind of the 2008 Mumbai attack in jail till mid-April.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
The government has introduced the Code on Wages Bill 2019 and the Occupational Safety, Health and Working Conditions Code Bill 2019 in Lok Sabha on July 23.
As the curtains fall on another year, Rediff.com brings you all the action from the sports field that defined 2019.
Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels, cautions Devangshu Datta
The confiscation of properties of JuD and FIF comes after Pakistan formally placed them in the list of banned organisations on Tuesday.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
Sepp Blatter comes across as an amiable character with eccentric ideas about football but he has shown in the past that he possesses a ruthless instinct for survival and extraordinary political nous.
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
IMF members will also be examining whether China's heavy intervention in the yuan market was befitting of a freely convertible reserve currency
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Banks cannot shirk their responsibility in cases of frauds.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
Forex dealers said besides capital inflows, selling of the US currency supported the rupee but a lower opening in the domestic equity market and dollar's strength against other currencies overseas capped the gains.
The rupee closed at 60.31/32 on Thursday.
P Chidambaram says all options are on the table.
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Strike is total, impacts all branches of PSU and private banks. Clearing operation at RBI also hit.
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
The broader markets also ended lower in line with the benchmark indices
Sensex, Nifty end lower on global concerns.
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