Demonetisation was not well thought-out, useful exercise: Raghuram Rajan
New York : Demonetisation was not a well-planned or well thought-out useful exercise said Raghuram Rajan, ex-Governor of Reserve Bank...
Business
Mudra scheme helped in self-employment: PM
New Delhi : Prime Minister Narendra Modi on Wednesday said even though the conventional wisdom says employment is generated either...
No GST on food, drinks supplied to students by schools: FinMin
New Delhi : The Union Finance Ministry on Wednesday said GST is not applicable on food and drinks supplied by...
Cabinet gives Petroleum, Finance Ministers powers to award oil blocks
New Delhi : In a measure to expedite the process of granting exploration licences, the Union Cabinet on Wednesday permitted the...
RBI imposes Rs 30 mn penalty on IDBI Bank
Mumbai : The RBI on Wednesday said it has imposed a penalty of Rs 30 million on IDBI Bank for non-compliance...
HDFC increases home loans lending rates
New Delhi : Lending major HDFC on Monday said that it has increased its 'Retail Prime Lending Rate' (RPLR) by...
Allegations against ICICI Bank pose reputational risk: Fitch
Mumbai : An investigation into allegations that ICICI Bank extended a loan with a potential conflict of interest raises questions...
RBI must ensure safety of proposed cryptocurrency: Assocham
New Delhi : Welcoming the RBI's move to explore introduction of an official virtual currency in India, industry chamber Assocham on...
Despite fraud, PNB’s 2017-18 domestic business up 7.9%
New Delhi : Despite a major fraud, state-run Punjab National Bank (PNB) on Friday reported a 7.9 per cent growth...
PNB fraud: CBI questions former RBI Deputy Governor
New Delhi : The CBI on Friday questioned the Reserve Bank of India's (RBI) former Deputy Governor Harun Rashid Khan in...
