The World Bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.

Indiabulls Ventures stock price climbed 8.9% to intraday high of Rs 108.5 apiece on the BSE and outperformed the 'Financial Services' sector by 5.56% today.

Enabling effective monetary transmission would not only increase the credibility of the Central Bank but also help in strengthening the financial structure.

The sovereign wealth fund of the State of Qatar may shell out Rs 3,000-4,000 crore for a 20-25 per cent minority stake in the Adani Group's flagship power transmission and distribution asset, which is also the country's largest private sector integrated power utility

According to industry experts, the rising price of crude post the attack will deplete the country's foreign currency reserves and widen the fiscal deficit gap, while it fuels inflation in the domestic market

Over the last decade, the Rs 152 lakh crore banking industry witnessed four big mergers - two each in the public and private banking space.

The Finance Minister has announced a mini-stimulus package to arrest the economic slowdown. But the economy needs much more than piecemeal solutions

The equity market witnessed surge in buying, with Sensex gaining as much as 792.96 points or 2.16 per cent to close Monday's trade at 37,494.12, while Nifty settled 228.5 points, or 2.11 per cent, higher at 11,057.85

The government and other lenders, including fintech firms, need to be more aggressive in MSME lending

How new CEO Ravneet Gill is managing troubles at the new-generation Yes Bank, where there is no end to asset quality surprises and capital levels are inadequate for future growth

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottom-line of Rs 95 crore, after reporting losses for seven straight quarters.

Flipkart to roll out free movies, videos and web series on its app in AugustWalmart Inc's Indian unit Flipkart is set to roll out a free video service for all of its 160 million customers this month as the ecommerce company looks for new ways to increase its user base in smaller towns and cities, it said on Monday. Flipkart, based in the southern city of Bengaluru, said it would offer movies, short videos and web series on its app, but added it won't venture into original content ...

While the RBI imposed a fine of Rs 1.5 crore on Oriental Bank of Commerce, it slapped a fine of Rs 1 crore each on Indian Overseas Bank, Punjab & Sind Bank, UCO Bank and United Bank of India

In a fund starved market, private equity firms with oodles of cash are stepping in to pick up anything they can. But there are dangers

Dairy cooperatives need to shed their political tone and focus on business to stay afloat

Meanwhile, Bank of Baroda in a separate filing said that the apex bank has levied a fine of Rs 50 lakh on it for delay in reporting fraud in an account.

The Reserve Bank on Friday said it has imposed a collective penalty of Rs 11 crore on seven public sector banks for violating norms on current account opening.