Public sector commercial banks are unnecessarily bearing the cross of deposit insurance and it should be stopped, said the All India Bank Employees' Association (AIBEA)....
The Reserve Bank of India (RBI) has extended the restrictions on Karnataka-based Millath Co-operative Bank by three months till November 7....
As the Enforcement Directorate (ED) has served notices to e-commerce major Flipkart and its founders over alleged violation of foreign exchange norms, the Confederation of All India Traders (CAIT) has said that similar notices should also be sent to Walmart-backed Amazon....
Foreign portfolio investors (FPI) have made a comeback to India's equities segment and made a net investment of Rs 975 crore in the first week of August. ...
India's real GDP is expected to grow by 20 per cent on a year-on-year (YoY) basis in the first quarter of FY22, Motilal Oswal Financial Services (MOFS) said in a report. ...
The Enforcement Directorate (ED) has now registered a case on the massive fraud that surfaced last month at the local CPI-M controlled Trissur Karavanoor Cooperative Bank....
The Indian Railways has proposed to cut down its passenger coach production almost by half over next couple of years as it looks to get leaner with competition from roadways and airways eating into its traffic. ...
The Income Tax Department has further strengthened its Faceless Scheme by extending grievance registering facility to taxpayers without any physical touch points. ...
India expects to refund $1 billion to UK-based Cairn Energy after it moved to scrap a retrospective tax law that unleashed bitter fights with prominent foreign investors, Financial Times reported....
International Media Acquisition Corp. announced the underwriters of its previously announced public offering of units have exercised their over-allotment option resulting in the issuance of an additional 3,000,000 units. ...