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BusinessToday.In
New Delhi, September 20, 2018
Out of the 10 appointments, 5 are from the country's biggest lender, State Bank of India.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


Niti Kiran
New Delhi, September 17, 2018
India stands out on the global stage for fund raising through IPOs. The future looks promising too.


Prosenjit Datta & Dipak Mondal
New Delhi, September 17, 2018
The GDP back series data 'accidently' became public thanks to a report on real sector statistics prepared by a committee constituted by the National Statistical Commission. In the din that ensued, some of the more serious concerns that the committee raised regarding quality of the data got lost. Business Today's Prosenjit Datta and Dipak Mondal caught up with Sudipto Mundle, chairman of the Committee on Real Sector Statistics, which prepared the new series, to dig deeper into the observations made in the report. Edited excerpts:


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


BusinessToday.In
September 14, 2018
Honest businessmen are being encouraged through several laws like GST and Insolvency and Bankruptcy Code, PM Narendra Modi said.


BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


BusinessToday.In
New Delhi, September 11, 2018
\"I also sent a list of high profile cases to the PMO urging that we coordinate action to bring at least one or two to book. I am not aware of progress on this front. This is a matter that should be addressed with urgency,\" says the former RBI governor in a 17-page letter.


E Kumar Sharma
September 6, 2018
The governor E S L Narasimhan, according to a note issued by the government, while accepting the recommendation, has asked Rao and his council of ministers to continue as caretaker of the government.


BusinessToday.In
September 3, 2018
While the political squabble over purchase of 36 Rafale jets from Paris-based Dassault Aviation is far from over, the government is reportedly ready to give its nod to the long-drawn acquisition project for 114 new fighter jets.


Sonal Khetarpal
New Delhi, September 3, 2018
Precision-targeting through authentic voices has led to the rise of micro-influencers, but self-regulation is needed for success.


PTI
September 2, 2018
PS Jayakumar was one of the two selected from the private sector and joined the state-owned bank in October 2015. He was appointed for a three-year term that will come to an end on October 12, 2018.


BusinessToday.In
August 31, 2018
The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.


Manu Kaushik
New Delhi, August 30, 2018
Air India's turnaround was so futile that even after pumping in Rs 28,000 crore into the airline, it could barely generate operating profits (not even net profits) of Rs 403.03 crore in two financial years  (2015-16 and  2016-17).


BusinessToday.In
New Delhi, August 29, 2018
The EEC's report mentioned that there were no achievements to take into account while assessing the performance of institutions in the greenfield category.


BusinessToday.In
August 28, 2018
If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.


PTI
August 25, 2018
Punjab National Bank (PNB) today said a Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions.


Anand Adhikari
New Delhi, August 24, 2018
Why Sebi Chief Ajay Tyagi is not right in harping on the need for more competition in the mutual fund business.


E Kumar Sharma
New Delhi, August 24, 2018
The Indian GDP hardly has any implication on the Indian IT industry, from a business and growth perspective, since it is an export-led sector.


BusinessToday.In
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...


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