The project will include pay details of employees, promotion, transfer, leave and other service details which will get updated online.
The Monetary Policy Committee, headed by RBI governor Urjit Patel, raised repo rates by 25 bps to 6.5 percent
The government is committed toprovide water to all villages that are perennially dry, the water supply and sanitation minister said in a release issued last night.
Chatbots are an area where AI is being deployed heavily in the insurance sector. This is not only to assist customers through the purchase cycle but also to help choose the right products
The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, decreased to 52.3 in July from June's 53.1, below a Reuters poll median of 53.0.
"Australian farm exporters to India have been whacked with a range of new trade distortions over the past year," Ciobo told a grains industry conference in Melbourne.
As per the RBI directive, banks are permitted to fix service charges on various services rendered by them, as per their board approved policy, while ensuring that the charges are reasonable and not out of line with average cost of providing these services, the minister said in a written reply to the Rajya Sabha.
This blog will keep track of breaking news and important developments through the day.
Congress chief spokesperson Randeep Surjewala alleged that even as high petrol and diesel prices were affecting budgets of common people, farmers and the middle class, the government again launched a "midnight assault" on them by hiking the price of LPG cylinders.
Health Minister J P Nadda and Minister for Law and Justice and Information Technology Ravi Shankar Prasad presided over the signing ceremony.
The bank sees a 25 bp hike accompanied by a neutral stance triggering a small uptick in the 10-year yields followed by consolidation in a 7.65-7.80 per cent range.
Akhilesh, while interacting with traders at the party headquarters here, said demonetisation and GST, along with raids conducted against the traders, had harassed them, the SP said in the statement.
A question regarding status of the industrial projects in the coastal state was raised by Congress legislator Nilkant Halarnkar.
In a written reply, Minister of State for Finance Shiv Pratap Shukla said between July 2017 and June 2018, a total of 1,205 cases of tax evasion were detected involving Rs 3,026.55 crore.
After the asset quality review (AQR) directed by the Reserve Bank to lenders in 2015, transparent recognition of stressed assets as non-performing assets (NPAs) began, Minister of State for Finance Shiv Pratap Shukla said in Parliament.
The regulator has mandated telecom operators to ensure that not more than or equal to 2 percent of total data packets transmitted during uplink and downlink of calls should be lost so that customers get to experience better call quality.
The bank will sell the insurance products across its branches
The government is planning to hold the largest-ever spectrum auction of 3,000 MHz radiowaves in the next round of sale, and the regulator's ensuing views will wrap up almost year-long consultation over the issue.
If the RBI's expectation of inflation increases to higher than the prevalent inflation levels, we may see another rate hike on Wednesday
Since the last meeting, inflation dynamics hasn’t overtly improved but development in macro front points to conflicting outlook on future inflation.
The previous high rate of growth was recorded in November 2017 at 6.9 percent.
The government had budgeted to cut fiscal deficit to 3.3 percent of GDP in the current fiscal, from 3.53 percent in 2017-18.
The Union Cabinet had earlier this month decided to withdraw the legislation in view of the concerns expressed by certain sections of people, including politicians, over the 'bail-in' clause, which they feared would harm the interest of depositors.
The government has "sought funds for infusion of equity in Air India under (its) turn around plan," a statement tabled in the lower house of parliament said.
Sources said that the government is wary of taking any decision that is “hard on the industry”