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The latest round of wage revision for all banks is due from 1 November 2017. (Photo: ANI)

PSBs should have operational freedom like private players: official

There are limitations with respect to ownerships in public sector banks but those issues can be easily resolved.

24 Aug 2018 5:09 PM IST

The latest action completes the first round of USD 50 billion in products that President Donald Trump targeted after USD 34 billion in goods were hit with punitive duties on July 6. (Photo: File)

US, China trade talks end with no breakthrough

The US-China talks this week were the first since discussions in June failed to produce any agreement.

24 Aug 2018 11:45 AM IST

Revenue Secretary Hasmukh Adhia

Hasmukh Adhia leads drive to bolster GST inflow

GST collection for month of July touched Rs 96,483 cr, slightly higher than Rs 95,610 cr collected in June.

24 Aug 2018 8:39 AM IST

State Bank of India

State Bank of India yet to recalibrate 18,135 ATMs for new notes: RTI

The recalibration is a process, in which the cassettes in the ATMs that hold cash are modified to suit the size of the...

23 Aug 2018 7:34 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Srikrishna panel report on Kochhar expected in 2 months: ICICI...

He further said that pending the report Kochhar remains the CEO of ICICI Bank.

23 Aug 2018 5:14 PM IST

The report noted that SBI Composite Leading Indicator (CLI) is signalling that the economic activity for Q1FY19 has picked up substantially and the GVA growth would be 7.6%.

Weak agriculture growth pulling down growth, says SBI

Overall manufacturing sector which grew by 5.7 per cent in FY18 will accelerate in FY19.

23 Aug 2018 12:17 AM IST

The official said that in the last five years rupee was stable against all the major currencies except dollar.

$60 billion in NRI deposits needed to hold rupee

If done, rupee will strengthen to 60-62/dollar, says official.

23 Aug 2018 12:14 AM IST

Washington is expected to soon implement tariffs on an additional USD 16 billion of Chinese goods, which China has already announced it will match immediately. (Photo: File)

US, China to resume trade talks in Washington amid low expectations

Soon trigger Trump's unveiling of a second $200 billion to $300 billion list of Chinese goods to be targeted with US...

22 Aug 2018 12:14 PM IST

The Central Statistical Organisation had estimated a GDP growth of 7.1 per cent for 2016-17 earlier in January.

BJP will top 13 per cent growth if it allowed irresponsible deficit

On the rupee's downward movement against the US dollar, the official said that there has been zero depreciation in the...

22 Aug 2018 12:20 AM IST

HDFC Standard Life Insurance Company, one of Indias largest private life insurers has announced launch of a new and enhanced version of its flagship and highly popular term product Click 2 Protect 3D Plus.

HDFC Life launches new Click 2 Protect 3D Plus

The flagship term product is one of the most flexible and customizable protection plans.

21 Aug 2018 7:44 PM IST

Finance minister Arun Jaitley

Two-day banking conclave kicks off on Thursday

Niti Aayog and the Centre for Economic Policy Research are the host of India Banking Conclave 2018.

21 Aug 2018 7:18 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Govt extends deadline for filing July GSTR-3B till August 24

GST collections rose to Rs 96,483 crore in July from Rs 95,610 crore mopped up in the previous month.

21 Aug 2018 6:12 PM IST