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June 5, 2016 7:46 PM
Amid 10 state-run lenders suffering losses of over Rs. 15,000 crore in the March quarter, Finance Minister Arun Jaitley has promised greater capital support to banks while warning that defaulters cannot be allowed to 'sleep well', leaving all the worry to bankers.He also rejected s...
June 5, 2016 2:30 PM
The Government will come out with revised Index of Industrial Production (IIP) and Wholesale Price Index (WPI) by the end of this year with a new base year of 2011-12. This will be done to make the indices more representative of the changing economic scenario.Chief Statistician TCA Anant told in an ...
June 5, 2016 1:14 PM
The Government will come out with revised Index of Industrial Production (IIP) and Wholesale Price Index (WPI) by the end of this year with a new base year of 2011-12. This will be done to make the indices more representative of the changing economic scenario.Chief Statistician TCA Anant told in an ...
June 4, 2016 9:20 PM
Car maker Volkswagen today said it will recall 1.90 lakh cars sold in the country starting next month to fix the emission software in wake of the emission scandal.The company said that the recall is purely voluntary in nature as it did not face any charges regarding violating emission norms in India...
June 4, 2016 7:15 PM
Services sector growth in the country contracted for the second straight month in May and also registered the weakest rise since last November. The Nikkei Services Business Activity index, which maps the services sector activity, fell from 53.7 in April to 51.0 in May.Meanwhile, the Nikkei India Com...
June 4, 2016 7:12 PM
US stocks fell on Friday, on slide in financial stocks, after a surprisingly weak jobs report prompted doubts about the US economy and its ability to sustain a near-term interest rate hike.The Dow Jones industrial average fell 32 points, or 0.2 percent, to 17,807. The S&P 500 lost 6 points, ...
June 4, 2016 6:24 PM
Rebounding from an over 3-month low, gold jumped Rs. 505, to Rs. 29,225 per ten gram at Delhi's bullion market on Saturday, on fresh buying by jewellers and retailers.Silver spurted Rs. 400, to Rs. 39,200 per kilo on increased offtake by industrial units and coin makers. Silver coins gained...
June 4, 2016 2:24 PM
Union Labour Minister Bandaru Dattatreya has said that the Employees Provident Fund Organisation (EPFO) is likely to have a surplus of 1,600 crore rupees by the end of this year. Talking to media in Hyderabad yesterday, he said that at a time when interest rates in all banks are coming down, the EPF...
June 4, 2016 8:33 AM
Union Labour Minister Bandaru Dattatreya has said that the Employees Provident Fund Organisation (EPFO) is likely to have a surplus of 1,600 crore rupees by the end of this year. Talking to media in Hyderabad yesterday, he said that at a time when interest rates in all banks are coming down, the EPF...
June 3, 2016 5:12 PM
Finance Minister Arun Jaitley will hold a quarterly performance review meeting with the chief executive officers of Public Sector Banks (PSBs) and Financial Institutions on Monday in Delhi. During the day long meeting, Mr Jaitley will review the overall performance of PSBs during the last financial ...
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