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PTI
New Delhi, July 16, 2018
Last week, the bank and Carlyle Group, which owns over 32% in PNB Housing Finance, had announced their plans to sell at least 51% stake in the company.


PTI
July 16, 2018
ICICI Bank's annual general meeting has been rescheduled to September 12 as against the earlier schedule of August 10.


PTI
July 16, 2018
FMCG major Hindustan Unilever today reported a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first quarter ended June 30, 2018.


BusinessToday.In
July 16, 2018
Financial institutions and market analysts believe that the current dispensation has failed in creating enough jobs for its growing youth. In April, World Bank put out a report saying that India needs to create 8.1 million jobs a year to maintain its employment rate.


PTI
July 16, 2018
The Wholesale Price Index (WPI) based inflation stood at 4.43 per cent in May and 0.90 per cent in June last year.


BusinessToday.In
July 16, 2018
While a specific figure for these India-linked accounts is not known, the total holding in all such dormant accounts is estimated at about Swiss Francs (CHF) 44 million (about Rs 300 crore).


BusinessToday.In
July 16, 2018
Last month, the insurance regulator approved LIC's proposal to increase its stake in troubled IDBI Bank from current 10.82 per cent to 51 per cent. Currently, the government holds 81 per cent stake in IDBI Bank.


PTI
New Delhi, July 15, 2018
The list of over 3,500 dormant accounts continues to have at least six withIndian links since December 2015, as no successful claimant has come forward for them. Recent data shows that Indians have about Rs 7,000 crore in Swiss banks.


PTI
New Delhi, July 15, 2018
Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.


PTI
July 15, 2018
Last financial year, PNB made recovery of about Rs 5,400 crore. However, in the first quarter of current fiscal, the bank has done recovery of over Rs 7,700 crore.


BusinessToday.In
July 15, 2018
The government subsidises 12 cylinders of 14.2 kilogram each per household in a year by directly transferring the subsidy amount to the users' bank accounts.


BusinessToday.In
July 15, 2018
In last one year of GST regime, the revenue authorities have come across numerous cases of tax evasion where companies used fake bills to claim input tax credit.


PTI
July 15, 2018
After the data breach came to light, the Ministry had in March and April this year shot off communications to Facebook and Cambridge Analytica seeking clarification on the issue from them.


BusinessToday.In
July 15, 2018
Purvanchal Expressway is a 340-km six-lane project which is estimated to be built at the cost of Rs 23,000 crore. The highway is expandable to eight lanes.


PTI
July 14, 2018
The banks are among the first major companies to report results in what is expected to be a strong second-quarter earnings season thanks to US tax cuts and a humming American economy.


PTI
New Delhi, July 14, 2018
These comments from Economic Affairs Secretary Subhash Chandra Garg come on the heels of latest World Bank data showing that India has emerged as the sixth largest economy globally, surpassing France, in 2017.


PTI
New Delhi, July 14, 2018
PM Modi was in Azamgarh to lay the foundation stone for the 340-km Purvanchal Expressway which will connect Lucknow with Ghazipur at a cost of Rs 23,000 crore. Modi then left for Varanasi where he inaugurated a slew of development projects.


PTI
New Delhi, July 13, 2018
BNP Paribas today said the Reserve Bank of India will go for another 0.25 per cent hike in key policy rates at its August monetary policy review, a day after an official data showed retail inflation rising to a five-month high of 5 per cent in June.


PTI
July 13, 2018
Officials from Pakistan's anti-graft body, who were present at the airport, took them into custody as they came out of the plane. The two were convicted on July 6 in the Evenfield properties case linked to the Sharif family's ownership of four luxury flats in London.


PTI
New Delhi, July 13, 2018
Global rating agency Moody's today said it has downgraded the corporate family rating on Tata Motors due to the weakening credit metrics at Jaguar Land Rover (JLR).


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