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PTI
June 12, 2021
BEML, formerly Bharat Earth Movers, was established in May 1964 as a Public Sector Undertaking for manufacturing rail coaches and spare parts and mining equipment at its Bangalore complex


Vivek Dubey
June 10, 2021
The changes announced by the RBI are based on the recommendations of a committee set up in June 2019 under the Chairmanship of the Chief Executive, Indian Banks' Association, to review the entire gamut of ATM charges, with a particular focus on the interchange structure for ATM transactions


BusinessToday.In
June 10, 2021
The saffron party's total amount of donation received is expected to be more than Rs 750 crore, since the report only mentions contributions made by individuals, companies, electoral trusts and associations that were more than Rs 20,000


Nidhi Singal
New Delhi, June 9, 2021
How technology has transformed the way educational institutions function


Rajeev Dubey
New Delhi, June 9, 2021
Anywhere Tech is BT's special annual compilation to showcase tech-novation across the country. Take the case of the financial services industry where the big Q has long been whether banks of the future will be traditional banks as we know them or will technology finance firms such as Google, Facebook or Amazon dominate tomorrow's banking industry


Reuters
June 9, 2021
US-based Kraken, Hong Kong-based Bitfinex and rival KuCoin are actively scouting the market, which analysts say would only get bigger if it was given a free rein


PTI
June 9, 2021
The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks/NBFCs or other financial institutions (FIs) on 100% cash basis


Anand Adhikari
New Delhi, June 8, 2021
The second covid wave has already impacted the pace of economic recovery as seen from the GDP downgrades by the Reserve Bank of India, global rating agencies, and other global institutions. Given the widening fiscal deficit and higher public debt, there is now a threat of a sovereign rating downgrade if another Covid wave hits the economy. The risk of a downgrade comes from a slowing growth momentum, widening fiscal deficit, higher inflationary pressure, and a stressed banking sector. The RBI's ability to pump in another liquidity bonanza like 8 per cent of GDP in the first pandemic year 20-21 is also not possible. The current fiscal deficit at 9.3 per cent of GDP for 20-21 is one of the highest in recent decades. The banking sector has entered the crisis with 8 per cent gross NPAs Post the second wave, the real stress in banks, NBFCs, and other entities are hidden because of regulatory forbearances especially loan moratorium, govt guarantees, and one-time loan restructuring. There is a lot on the government's shoulders to avoid a rating downgrade as it would have serious implications.Also Read: World Bank cuts India's FY22 GDP growth forecast to 8.3% from 11.2%


BusinessToday.In
June 8, 2021
UCO Bank stock gained up to 6.03% to Rs 14.41 against previous close of Rs 13.59 on BSE


Reuters
June 7, 2021
The blue-chip NSE Nifty 50 index climbed 0.52% to 15,751.65 at close, and the benchmark S&P BSE Sensex added 0.44% to 52,328.51. Both the indexes rose more than 1% last week to notch their third straight weekly gain


PTI
June 7, 2021
The government in the last round had infused Rs 14,500 crore of equity in Central Bank of India, Indian Overseas Bank, Bank of India, and UCO Bank by issuing non-interest- bearing, non-transferable bonds to these state-owned lenders


BusinessToday.In
June 7, 2021
Finance Minister Nirmala Sitharaman, in her Budget speech, had announced privatising two public sector banks (PSBs) and one general insurance company in 2021-22.


PTI
June 7, 2021
The Antigua and Barbuda prime minister also said that if the claims are true, then it is a serious matter. Browne said police are taking the complaint seriously


Raj Chengappa|Rajeev Dubey
June 6, 2021
In an exclusive interview with India Today Group Editorial Director Raj Chengappa and Business Today Editor Rajeev Dubey, Union Finance Minister Nirmala Sitharaman said the scale and intensity of the second wave are sharply different from the first one


BusinessToday.In
June 5, 2021
Marg, which is already catering to 50% of the pharma distribution and retail market, in the next three years, aims to include 2,50,000 chemists, besides FMCG and other services sectors


Vivek Dubey
June 4, 2021
The pride were immediately attended to by the veterinary team in the zoo. In addition to this, a team of experts was also deputed by Tamil Nadu Veterinary and Animal Sciences University (TANUVAS) to help the veterinarians in the zoo to investigate the condition of the lions


PTI
June 4, 2021
The Qatar Executive flight A7CEE had left the Delhi International Airport at 3.44 AM on May 28 carrying necessary documents related to cases against Choksi


PTI
June 3, 2021
Mumbai-headquartered IDBI had entered into loans totalling $148 million with two Singapore registered companies -- Varada Drilling One Pte Ltd and Varada Drilling Two Pte Ltd -- for the construction of two jack up drilling rigs in March 2013


BusinessToday.In
June 2, 2021
Sensex ended 85 points lower at 51,849 and Nifty inched up 1.35 points or 0.01 per cent to 15,576


BusinessToday.In
June 1, 2021
Moody's said India's economy will rebound in financial year 2021-22, after contracting in FY21, and grow by 9.3 per cent.


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