Amid reluctance by banks to pass on the benefits of lower lending rate, RBI Governor Shaktikanta Das on Thursday said that the central bank would make sure that transmission of reduced repo rate would be faster and higher. The central bank has cut the repo rate by 0.25 per cent, the third in a row in ...
In what may cause disruption in Nepal's telecom sector, the country's billionaire group CG Corp is all set to launch a "game-changer" new-age digital services with an aim of transforming the country's digital platform by offering data at very affordable rates....
Gold futures on the COMEX division of the New York Mercantile Exchange closed higher on Wednesday, which has been the sixth climb in a row. ...
With the Ministry of Corporate Affairs now running point on the IL&FS case, as the tip of the spear, its investigations are revealing hitherto hidden facts which tell you how the Ravi Parthasarthy-led gild ran the shadow bank into the ground....
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India's economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period....
In a fresh development in the ongoing saga of Sterling Biotech Ltd, the public sector Bank of India (BoI) on Tuesday declared the Sandesara brothers, the company's absconding directors, as "willful defaulters" for not repaying their loans. The BoI has named the company directors - Nitin Jayantilal Sandesara and Chetan...
South Korean tech giant Samsung on Tuesday launched its new range of QLED 8K TVs in India starting at Rs 10,99,900. Samsung said the new TV range will be available in four sizes - 98-inch, 82-inch, 75-inch and 65-inch....
Slashing its forecast for the global smartphone market by over 3 per cent amid the US government's decision to ban businesses from working with Huawei, market research firm Canalys has said smartphone shipments will reach 1.35 billion units in 2019....
Alleging that bank fraud cases rose during the NDA government's first term, the Congress on Tuesday said it hoped the BJP will take tougher steps and rectify the banking system. In a series of tweets, Congress leader Randeep Singh Surjewala said that during...
The upcoming Budget is likely to provide a timeline roadmap for the long pending merger of the three general insurance PSUs for speeding up the process which was first announced in the 2018 Budget....
