India’s current account deficit widened to a four-quarter high at 2.4 percent of gross domestic product (GDP) in the April-June period from 1.9 percent in the January-March quarter of 2017-18.
The payments bank will sell insurance products of Bajaj Allianz Life through its 3,250 access points
Reliance General Insurance had filed draft papers with SEBI in FY18
Technology is now being increasingly utilised to make the insurance claims simpler, faster and more cost effective
Tendulkar said that the insurer's approach towards building a nation's physical fitness and not just financial fitness is a vision that he identifies with.
The merged entity will have a combined business of Rs 14.82 lakh crore and a market share of about 6.8 percent by loans.
A portfolio manager is a person or group that advises or directs or undertakes on behalf of a client, the management of a portfolio of securities or the funds of the client.
From consumer tech to health tech, and logistics to hospitality, these 25 companies represent the thriving startup landscape in India, the third largest startup ecosystem in the world
Post-merger, the non-performing assets (NPAs) will be a problem for all the three banks with cumulative gross NPAs around Rs 80,000 crore. This will also require an increased focus on the clean-up process.
If the intent is to clean up the banking system and prevent recurrence of the bad loan problem with alarming regularity, a merger is a non-solution
But what's clear is that the latest fight in the escalating trade war is likely, one way or another, to affect consumers, companies, markets, the economy and the political landscape.
This blog will keep track of breaking news and important developments through the day
The merger will take at least 3-4 quarters to complete and the three banks will function independently until the process is concluded. Take a look at the banks' results from the June quarter
Petitioner advocate M L Sharma told the bench that he wants to file some additional documents in the case and therefore the matter should be adjourned.
The draft policy, which was expected to be released by the last week of August, had attracted a lot of criticism
The projects inaugurated include Integrated Power Development Scheme (IPDS) for Puraani Kashi and Atal Incubation Centre at Banaras Hindu University (BHU).
Last Sunday, a letter written by Google chief executive officer Sundar Pichai surfaced in the media in which he called for 'free flow of data across borders'
The MSP of sugar produced by mills may be raised to Rs 34 per kg, while loan restructuring and similar incentives for cooperative sugar mills may also be included in this fresh incentive package
Trade differences between India and the United States have risen since President Donald Trump took office, but India's decision to further delay comes as the two countries negotiate a package to remove trade frictions over a range of items.
Prasanna said the measure announced by the government are very promising and good on intent but possibly a little bit underwhelming as far as the actual action is concerned
President Donald Trump escalated his trade war with China on Monday, imposing 10 percent tariffs on about $200 billion worth of Chinese imports.
The government’s decision to fill 90,000 vacancies — which is being touted as the largest recruitment drive in the world — in the railway is retrogressive and it will further impact the Indian Railways’ financial health
Alleging that China has been unwilling to change its unfair trade practices, Trump said the new additional tariff structure would be effective September 24 from when it would be at 10 percent until the year end, but would increase to 25 per cent level from January 1.
Observing that India is a relatively closed economy, Rice said the contribution of the net exports to growth in the April to June quarter was again stronger than expected and the real depreciation of the rupee can be expected to reinforce this trend.
The iPhone was not among the 'wide range' of products that Apple told regulators would be hit by the $200 billion round of tariffs in a September 5 comment letter to trade officials.