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Podcast | MPC members to tread cautiously over interest rate hike

India’s Monetary Policy Committee (MPC) that is responsible for fixing benchmark index rates in the country, which so far favoured a wait-and-watch approach on interest rates, may see

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PNB intensifying #39;Gandhigiri#39; to recover NPAs, targets Rs 150 cr/month

Sitting silently with placards outside offices and residences of defaulters, the staff of Punjab National Bank hope to ‘name and shame’ such borrowers to recover up to Rs

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PM Modi joins world leaders for CHOGM retreat in UK

Prime Minister Narendra Modi today joined other heads of government for the leaders’ retreat at Windsor Castle, which will conclude the Commonwealth Heads of Government Meeting (CHOGM) in

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India probes dumping of chemical by 5 countries

India has started investigations into alleged dumping of a chemical, used mainly in the paint industry, from China, European Union, Korea, Taiwan and Thailand following a complaint from

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Central Railway adds 10 #39;Summer Special#39; Mumbai-Varanasi trains to beat rush

The Central Railway will be running 10 special trains between Chhatrapati Shivaji Maharaj Terminus, Mumbai and Varanasi this summer to beat the summer rush. These weekly trains will start

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Missing Aegon fund manager found dead on railway tracks in Thane

An equity fund manager with Aegon Life Insurance was found dead near the railway tracks between Mulund and Thane railway stations. Vaishali Jajoo, 41, was reportedly missing since

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Coverfox raises $22 million in Series C funding from IFC, other investors

Online insurance broker Coverfox.com has raised USD 22 million in Series C funding. The round is led by

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Cash crunch a political conspiracy to mislead nation: Manoj Sinha

Telecom Minister Manoj Sinha today said that there is enough cash available in the country and the hype

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MPC minutes: RBI’s Acharya hints at shift in stance, may join Patra to vote for a rate hike

The six-member Monetary Policy Committee (MPC), headed by Patel, had left the benchmark repo rate unchanged for the third time

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19 crore Indian adults don#39;t have bank account: World Bank

India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana,

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Indian banks#39; FY18 results likely to be weak: SP

Indian banks’ results for the fiscal year ended March 2018 are likely to be weak, S&P Global Ratings

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Pace of economic reforms in India unlikely to continue in election year: IMF chief Christine Lagarde

IMF chief Christine Lagarde today said she does not expect the pace of economic reforms in India to

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North India likely to experience rains due to western disturbance: IMD

An approaching western disturbance is expected to bring rainfall to northern Indian states such as Jammu and Kashmir,

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Govt approaches RBI to relax NPA norms for MSMEs

The government has approached the Reserve Bank to relax norms for non-performing assets (NPAs) or bad loans in

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Centre planning to reduce dry ports in India to promote direct port delivery

If shipping ministry has its way, dry ports could soon be a thing of the past in India,

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Concrete action required to address currency shortage: AIBEA

All India Bank Employees Association (AIBEA), representing the banking industry, today said concrete action is required by the

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EXCLUSIVE: Life insurers seek longer exclusion period, higher premiums for govt-sponsored term insurance

Life insurance companies have sought an increase of at least 30 percent in the annual premiums, or be

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#39;Ghost#39; of demonetisation has returned to haunt govt: P Chidambaram

Former finance minister P Chidambaram today said the “ghost” of demonetisation has come back to haunt the government

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India claims top spot for 2018 growth among major economies – Reuters poll

India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions

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