The Bank of India has decided to hike the interest rates on foreign currency non-resident deposits denominated in dollar, sterling pound and euro from July 9, 2003.
At the age of 39, Centrist Emmanuel Macron will become France's youngest leader since Napoleon.
In a freak mishap, a 30 mm gun on board a Coast Guard ship went off accidentally when it was being repaired, damaging a portion of the Western Naval Command headquarters building in Mumbai.
Banking shares are down up to 11% after the Reserve Bank of India has increased the policy repo rate by 25 basis points from 7.25% to 7.5% with immediate effect.
The defence minister told the Rajya Sabha that at the moment, "We cannot say conclusively about the exact cause of the incident. Our armed forces work on a war footing on these aspects and they are also anxious over this issue."
Nikesh Arora is indeed paid a lot, networks hard, and has made some punchy bets.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Two days of rain delays at Roland Garros have had tennis fans huddled under umbrellas musing about when the French Open, like the other three grand slams, will have a roof.
Govt renews search for five PSU bank chiefs; norms relaxed.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
A group of investors of Japanese mobile giant SoftBank has sought probe and possible sacking of its India-born COO Nikesh Arora over potential conflicts of interest tied to his role as an adviser to a private equity firm.
While the Paris attack mastermind was killed in a deadly seven hour-long raid on Wednesday, one of the suspects is still at large.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Mixed global cues and decline in crude oil prices further dent the sentiments.
According to RBI sources, some banks had extended credit to existing borrowers to repay their debt, known as evergreening of loans in banking parlance.
Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
Paddington imparts practical life lessons in a way that is neither patronising nor insulting to the intelligence of kids, says Paloma Sharma.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Markets crashed due to domestic worries; bluechip stocks tanked too.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
The dairy has no plans of a sale
Mark Cavendish's Tour de France campaign suffered another setback on Tuesday when the Briton had to settle for third in a sprint after being involved in a crash in a chaotic stage 10 finale won by Marcel Kittel.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Banking stocks, including top ones like State Bank of India, ICICI Bank, HDFC Bank, Bank of Baroda and Bank of India, among others, have fallen sharply in the last one month.
'We have to find a way out of this confrontational politics.'
Retracing the journey that brought coffee from Araku Valley in Andhra Pradesh to an upscale caf in the aristocratic district of Le Marais in Paris.
Of all the other cities in India, Bangalore is one city, where you can actually walk around and take in the crowd and confusion, says Sumit Ganguli.
'In 2015 I watched films in so many places. I attended several film festivals around the world -- Berlin, Tribeca (New York), Telluride, Toronto, Zurich, Mumbai, Dharamsala and Goa,' says Aseem Chhabra, author of a forthcoming book on Shashi Kapoor.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
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