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Finance Minister Arun Jaitley (File Photo | Reuters)
Finance Minister Jaitley introduces bill to replace Banking Regulation Ordinance

Finance Minister Arun Jaitley today introduced a bill in the Lok Sabha to authorise RBI to direct banks to resolve problems of stressed assets, which have reached "unacceptably high level".

1 hour ago

Niti Aayog proposed the Aadhaar platform needs to be broad-based and linked with beneficiary database of various government programmes.
Timebound implementation of Aadhar programme enables better governance: Niti Aayog

According to Niti Aayog, the Aadhaar platform needs to be broad-based and linked with beneficiary database of various government programmes. 

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Niti Aayog Vice Chairman Arvind Panagariya in his foreword said in a significant departure from the past, this appraisal does not take a chapter-by-chapter approach. (File| Reuters)
Niti Aayog for increasing savings, investments to boost growth

In its appraisal of the Twelfth Five Year Plan, the Aayog has stressed on maintaining macroeconomic stability.

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HUDCO's revenue increased to Rs 929.08 crore from Rs 891.11 crore (File | Reuters)
HUDCO reports 52 per cent increase in net profit

Housing and Urban Development Corporation n Monday reported 52 per cent increase in net profit at Rs 210.85 crore for the quarter ended June.

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According to the report, China's forecast for 2017 was revised up by 0.1 percentage point, signalling the stronger than expected outturn in the first quarter of the year. (File | AP)
India will stay ahead of China on the growth curve: International Monetary Fund

According to the IMF, China's failure to continue focus on addressing financial sector risks could result in an abrupt growth slowdown.

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The Income Tax boss aid that India has an entry rate tax at 5 per cent of the income which is one of the lowest across the globe. (File |PTI)
Income Tax department probing 30,000 post-demonetisation tax evasion cases: Sushil Chandra

Central Board of Direct Taxes chief Sushil Chandra said returns filed after November 8, 2016 were scrutinised against their earlier tax compliance following which these cases were detected.

3 hours ago

A man walks past a branch of Qatar National Bank (QNB) in Riyadh, Saudi Arabia, June 5, 2017.| REUTERS
Middle-East's QNB Group starts banking ops in Mumbai

QNB Group, the largest financial institution in the Middle-East and Africa, today said it has commenced operations in Mumbai.

4 hours ago

A man walks past the head office of Standard Chartered bank in the City of London | REUTERS
Standard Chartered Bank launches Multicurrency Forex Card

Standard Chartered Bank has launched a ‘Multicurrency Forex Card’ that offers customers the convenience of loading up to 20 widely used currencies on one card.

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Maharashtra: supplementary demand of Rs 20,000 crore for loan waiver

Supplementary statement of expenditure for 2017-18 was tabled on the first day of the monsoon session of the state legislature today.

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Representational Image.
Punjab goes all-out to save cotton crop from whiteflies

Punjab Chief Minister Captain Amarinder Singh today ordered the agriculture department to launch an aggressive campaign to prevent any damage to cotton crop by whitefly pest.

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Representational Image. (File photo: AP)
Yatra acquires ATB to expand corporate travel business

Online travel firm Yatra Online has acquired corporate travel services provider Air Travel Bureau for an undisclosed amount.

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Kajaria Ceramics optimistic after GST roll out

The company is bullish on the growth of tiles industry by six to nine per cent in the year, riding on conducive policy environment.

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The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai, India March 1, 2017. (File| Reuters)
Sebi imposes Rs 2 lakh fine on former Mapro promoters

Markets regulator Sebi today imposed a penalty of Rs 2 lakh on the former promoters of chemicals company Mapro Industries Ltd for violating disclosure norms.

4 hours ago

Less than 1 per cent of registered job seekers got placed: Government

Only a fraction of job-seekers registered with employment exchanges across India are able to secure jobs, the labour ministry informed Parliament today.

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Image used for representational purpose.
Philippine bank executive arrested for fraud

A senior executive has been arrested for defrauding the Philippines' second-largest bank in a scandal that sent the institution's shares tumbling Friday.

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A couple selling footwear by the road | express photo
Parliament passes bill to raise footwear standard to international level

Parliament today approved a bill which aims at promoting the footwear industry and raise its standard to the international level.

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Reliance Jio (File | Reuters)
Jio's cheap handsets may reverse industry's revenue decline trend

RIL chairman Mukesh Ambani had last weekend told shareholders that the company would introduce handsets with an "effective" price of Re 0.

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BHIM App | Wikimedia Commons
Government-run online payments app BHIM crosses 16 million download mark

The National Payments Corporation of India today said its Bharat Interface for Money App has 4 million active customer base and a new updated version would be launched soon.

6 hours ago

Jammu and Kashmir Bank Chairman Haseeb Drabu (ENS)
Jammu and Kashmir Bank shares jump over 8 per cent after Q1 results

Shares of Jammu and Kashmir Bank today surged after the company reported 32 per cent rise in net profit for the quarter ended June 30.

6 hours ago

Image used for representational purpose only. | Reuters
Panel set up to revive loss-making state-owned steelmaker SAIL

A government review had found the company to be far less efficient than its rivals despite spending more than $10 billion in the past eight years.

7 hours ago

Image for representational purpose only. | Reuters
HDFC Bank stock gains 2% post Q1 earnings

Shares of HDFC Bank today ended with nearly 2 per cent gain, adding Rs 8,031 crore to its market valuation.

7 hours ago