Family pensions of deceased bank employees will more than treble from now on, with Finance Minister Nirmala Sitharaman removing its cap in favour of a uniform 30 per cent slab to be calculated on the last salary drawn by the employee. With...
Newly minted crypto unicorn, CoinDCX, has joined the Advertising Standards Council of India (ASCI), a voluntary self-regulatory organisation of the advertising industry, with an aim to improve confidence and credibility of India’s rapidly...
The government is considering allowing foreign direct investment (FDI) in Life Insurance Corporation of India (LIC) to facilitate overseas investors to buy stakes in the insurer. “Discussions on structuring the...
India has overtaken the United States (US) to become the second-most sought-after manufacturing destination internationally and this was driven mainly by the cost competitiveness, according to real estate consultant Cushman & Wakefield. China...
India's GDP growth rate for FY22 is likely to be in double digits on the back of robust performance of country's tradables sector and a much smaller-than-expected decline in services activity due to pandemic disruptions this year,...
GAIL India share price added over 5 percent in the morning session on August 24 after Macquarie has retained its outperform rating on the stock and has raised target to Rs 205 from Rs 185 per share. The global brokerage firm has raised...
India’s top e-commerce companies, that are represented by the Internet and Mobile Association of India (IAMAI), have sought changes to the proposed e-commerce rules, positing that the proposals will harm the interests of consumers....
The government will raise ₹88,000 crore this year by the leasing infrastructure assets of the central government ministries and the state-run companies under a ₹6 trillion National Monetisation Pipeline (NMP) it unveiled on Monday. The funds...
Co-lending with non-banking companies, digital, agriculture financing, and technological resilience for 24x7 banking are likely to be part of Ease 4.0 Index, a reform agenda for 2021-22 for public sector banks, sources said. Initiated in...
Sixteen merchant banks are in the row to act as book running lead managers (BRLM) for the initial public offering of Life Insurance Corporation of India (LIC). These merchant banks will have to deliver a presentation before the Department of...
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