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Govt drops FRDI Bill amid public anxiety over security of deposits: Report

The government has decided to drop the proposed Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, following widespread public anxiety over the security of bank deposits, according to

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India#39;s growth remains quite robust into future: IMF

India’s growth remains “quite robust” into the future, the IMF has said despite slightly downgrading the country’s growth projection for 2018-19 due to high oil prices and a

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Insurers told to ramp up Jan Suraksha enrollments

Insurance companies have been advised to increase the number of enrollments under the Jan Suraksha initiative of the government. The programme that has a term life insurance, personal

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PNB collects Rs 151.66crore as below minimum balance penalty in FY18

The Punjab National Bank (PNB) has collected Rs 151.66 crore as penalty from its customers during the last financial year for not keeping minimum balance in 1.23 crore

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World Bank panel to decide in 9 months if probe needed on AP capital

A World Bank panel has said it would decide after nine months whether or not investigation is required into the allegations of possible threat to livelihoods and environment

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IIT Bombay to develop world-class labs, launch skill-based courses under Institute of Eminence tag

Indian Institute of Technology (IIT) Bombay is looking to set up five world-class labs, enhance skill-based courses and have more postgraduate programmes in areas like history, film-making, and political

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New rules for increased truck load capacity to be implemented immediately: Nitin Gadkari

Keeping concerns afloat regarding implementation of new truck load carrying capacity rules for commercial vehicles, union minister for

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Finmin likely to infuse about Rs 10K cr soon in PSU banks

The finance ministry is likely to infuse about Rs 10,000 crore within a few days in some state-owned

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India prepared to impose #39;safeguards#39; if steel imports rise: Govt source

India is planning to impose “safeguards” on steel imports if the volumes coming into the country increase beyond

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Trade ministry urges duty on Chinese solar cells, modules

India’s trade ministry on Monday recommended imposing a 25 percent duty on imports of solar cells and modules

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Sebi orders attachment of 2 properties of Sunshine Global Agro

Markets regulator Sebi has ordered attachment of two properties of Sunshine Global Agro Ltd and its directors to

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Power plant will be built to meet power needs of Gautam Budh Nagar: Mahesh Sharma

Union Minister Mahesh Sharma said that a power plant will be built to meet the electricity demands of

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China#39;s second-quarter GDP growth softens as trade row stirs concerns on outlook

China’s economy expanded at a slower pace in the second quarter as Beijing’s efforts to contain debt hurt

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Mnuchin says US will consider some waivers on Iran sanctions

The United States wants to avoid disrupting global oil markets as it reimposes sanctions against Tehran and in

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India earns Rs 18,000 crore per year from export of basmati rice

India has earned more than Rs 18,000 crore foreign exchange per year from export of basmati rice, especially

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IMF projects 7.3, 7.5% growth rate for India in 2018, 2019

The International Monetary Fund (IMF) on Monday projected a growth rate of 7.3 percent in 2018 and 7.5

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Oil prices fall but supply tight with focus on outages

Oil prices fell sharply on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders

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US challenges trading partners#39; retaliatory tariffs at WTO

The US today launched separate disputes at the WTO against its trading partners, including China and the European

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Punjab govt releases Rs 469 crore for schemes and development projects

The Punjab government today released Rs 469 crore towards pending payments for various schemes and development projects, besides

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