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Kanishka Gupta
New Delhi, June 25, 2018
How financial technology companies are transforming the banking sector.


PTI
June 23, 2018
Global credit rating agency, Moody's Investors International, has downgraded Pakistan's outlook to negative from stable citing factors like \"heightened external vulnerability risk\" and \"low reserves adequacy\".


BusinessToday.In
New Delhi, June 22, 2018
The findings in the interim report had no material impact on the financial statements for FY2018 and the interim report has been submitted to the regulator, ICICI Bank said in a stock exchange filing.


Mudit Kapoor
New Delhi, June 22, 2018
The list of most profitable companies based on their net profit, return on capital employed and profit after tax margin.


BusinessToday.In
June 22, 2018
The banking sector's bad loan problem as well as the recent instances of bank frauds has seen the investigative agencies unleash a spate of high profile arrests.


BusinessToday.In
June 22, 2018
Back in February, when the Reserve Bank of India introduced its revised framework for resolution of stressed assets, the banking sector and beleaguered companies alike were left shaking.


BusinessToday.In
New Delhi, June 22, 2018
In Asia Pacific, the salary surge could add more than $1 trillion to annual payrolls by 2030, jeopardising corporate profitability and threatening business models if kept unchecked.


BusinessToday.in
New Delhi, June 21, 2018
Watch BusinessToday.In Editor Rajeev Dubey interview Dr Vinod K Paul, Niti Aayog member and the chief architect of Ayushman Bharat on a host of issues like insurance under the health scheme, fair pricing, fraud detection and the Rs 5 lakh per family cap.


PTI
New Delhi, June 20, 2018
The revamped products and services is likely to be unveiled on June 22, which would also come on an eventful week when the government decided to put the breaks, for now, on the disinvestment plans for the loss-making carrier.


BusinessToday.In
June 19, 2018
Even as media reports continue speculation around the future of the top post at the bank, we look at how the stock has moved during all the major developments since Kochhar took charge in 2009.


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation. Bakhshi's tenure will be for a period of five years and his appointment is subject to regulatory approval. He will assume office on June 19, 2018, or on the date of regulatory and other approvals, whichever is later.Arun Jaitley predicts a brighter future, more jobs in detailed Facebook postHe may be on sick leave and unable to attend office but that has not stopped Union Minister Arun Jaitley from actively batting for the government on the social media. He took his latest pot-shot at the opposition earlier today, tweeting that \"The economy & the markets reward structural reforms, fiscal prudence, and macro-economic stability. They punish fiscal indiscipline and irresponsibility. The transformation from UPA's 'policy paralysis' to the NDA's 'fastest growing economy', conclusively demonstrates this.\" Jaitley's post focuses on booming sectors instead. \"An analysis of the data released clearly shows that the construction sector is expanding by double digits. It is a job creating sector. Investment is increasing. Domestic investment is also increasing. The FDI is at an unprecedented level,\" he said, adding that the manufacturing sector is also expanding. That apart, the government had increased expenditure on infrastructure creation and rural projects.Vijay Mallya first person to be booked under new Anti-Financial Fraud LawThe Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Breweries Holdings Ltd) and Vijay Mallya under the new law. The Fugitive Economic Offenders Ordinance, 2018 aims to deter economic offenders from evading the law by remaining outside the jurisdiction of Indian courts.Central Water Commission to use Google technology to forecast floods  The Central Water Commission (CWC) has entered into an agreement with Google to improve flood forecast systems and disseminate flood-related information by using technology developed by the tech giant. \"The initiative is likely to help crisis management agencies to deal with extreme hydrological events in a better manner. Under this agreement, the CWC and Google will share technical expertise in various fields, including geospatial mapping and analysis of hydrological observation data,\" the Water Resources Ministry said.The CWC, which is an apex technical organisation in the field of water resources, will use Google technology to improve flood prediction systems and will also use tech giant's earth engine to visualise and improve flood management.Tata Nano to get another lease of life with new electric motor; Ola among first buyersThe Tata Nano is all set to come in a new avatar, the all-new Jayem Neo EV. Not only that, the new Nano will also be incorporated in the cab service company Ola, where 400 units of the new car will initially be supplied. Jayem Automotive, an engineering company has supplied parts to Tata Motors for a very long time. Tata Motors announced a joint venture with Jayem Automotives Pvt. Ltd. to develop special performance vehicles. Jayem Automotives will now source the body shell and cycle parts from Tata Motors and assemble the Neo Electric in Coimbatore.Ayushman Bharat: Only half the states ready to launch scheme on August 15On August 15, when Prime Minister Narendra Modi will launch the Ayushman Bharat National Health Protection Mission (AB-NHPM), almost half of the states would not be part of it. Only 12-15 states will launch the scheme that day as the others are not prepared to roll it out on time. States like UP, Bihar, Assam and West Bengal may take up another 6 months or longer to launch Ayushman Bharat. Announced in the 2018 Budget, the AB-NHPM was touted as the 'world's largest government funded health care programme'


BusinessToday.In
New Delhi, June 18, 2018
According to Jaitley, the 7.7 per cent economic growth in the fourth quarter of 2017-18 'firmly' established India as the fastest growing major economy in the world and the trend is \"likely to continue for the next few years\".


BusinessToday.In
June 18, 2018
The much-awaited report by the Justice BN Srikrishna-led committee for a data protection framework for India is expected by the end of the month.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


BusinessToday.In
New Delhi, June 17, 2018
In this episode of BusinessToday.In Weekly Market Wrap, Vikas Jain, Senior Research Analyst, Reliance Securities talks about the stocks that have done well this week and continue to show positive trend for the coming week.


PTI
New Delhi, June 16, 2018
In changes to its immigration policy tabled in Parliament yesterday, the UK Home Office announced a relaxation of the Tier 4 visa category for overseas students from around 25 countries, excluding India.


PTI
New Delhi, June 15, 2018
On Thursday, the healthcare chain had said that it is withdrawing the scheme due to delay in completion of the process and strong headwinds in the sector.


PTI
June 15, 2018
Global ratings agency Fitch today said ICICI Bank and Axis Bank have \"gaps\" in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets worries.


Sumant Banerji
New Delhi, June 14, 2018
Should India's thrust towards electric mobility fructify, the resultant demand for electricity from this segment may grow 870 times between 2020 and 2030 a joint study done by ASSOCHAM and EY has said.


Joe C Mathew
New Delhi, June 14, 2018
In a concept note released on June 8, NITI Aayog said that the move is in line with the government plan to achieve the overall goal of affordable healthcare for all by making all critical and lifesaving medical devices available at affordable prices.


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