Business

November 5, 2019 8:51 AM

RBI issues compensation norms for foreign, private banks

The Reserve Bank of India has issued compensation guidelines for whole-time directors and chief executives of foreign, private, small finance, payments banks and local area banks, mandating the cash component of variable pay at 67 per cent. The RBI said if the variable pay is up to 200 per cent of t...

November 4, 2019 5:49 PM

Prices of gold, silver rise in national capital

Prices of gold today rose by 78 rupees to 39,263 rupees per 10 gram in the national capital. Silver prices also moved up by 245 rupees to 47,735 rupees per kg.  In the international market, gold prices were quoting lower at US dollars 1,509 per ounce and silver fell to 18 US dollars and eight cents ...

November 3, 2019 9:21 PM

Led by India, South Asia moving towards becoming center of global growth: IMF

A latest research by the International Monetary Fund has said that South Asia, led by India, is moving towards becoming center of global growth and could contribute about one-third of the world's growth by 2040. Notably, under the IMF's geographical division of the world, South Asi...

November 1, 2019 8:57 AM

US federal reserve damaging to economy more than China: Donald Trump

US President Donald Trump today slammed the Federal Reserve, alleging that its policies are more damaging to the American economy than China. Trump's remarks were the latest in a series of recent barrages he has unleashed at the Fed. Demanding lower interest rates, the President said that p...

November 1, 2019 7:47 AM

CBDT extends all ITRs filing deadline for J&K, Ladakh to November 30

The Central Board of Direct Taxes (CBDT) today extended the deadline for filing of all kinds of income tax returns to November 30 in the newly-created Union Territories of Jammu and Kashmir, and Ladakh.    The policy-making body for the Income Tax department issued an order stating that on considera...

October 30, 2019 10:08 PM

Oil prices fall with news of possibility of continued trade war

Oil prices today fell as a possible delay in resolving the U.S.-China trade war overshadowed a drop in U.S. crude inventories. Brent crude prices were trading around 61 dollars and 60 cents per barrel. WTI prices were at around 55 dollars and 40 cents per barrel when reports last came in. 

October 30, 2019 9:29 AM

RBI imposes fine on Janata Sahakari Bank & Jalgaon Peoples Co-operative Bank

The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on Pune-based Janata Sahakari Bank and Rs 25 lakh on Jalgaon Peoples Co-operative Bank for violating income recognition, advances management and asset classification norms. The central bank said in a release today that the penalty has ...

Most Read

View All arrow-right

No posts found.