PSU stake sales may be placed for Cabinet nod in Nov-end

New Delhi (IANS) In the first lot of big-ticket disinvestments, the government is aiming the stake sales of PSUs, including BPCL, SCI and Concor, among others, which have recently been cleared by the Amit Shah-led panel, at the earliest and they…

PSU bank staff to get bonanza ahead of Diwali

Chennai (IANS) It's a Diwali bonanza for employees of public sector banks as their accounts are being credited with handsome part wage arrears even before a final agreement on their wage revision is reached between the employee unions and…

56% of Myntra festive sales from small cities, towns

Bengaluru (IANS) Beating the slowdown blues and bridging the digital divide between India and 'Bharat', fashion e-tailer Myntra on Saturday reported 56 per cent online annual growth from small cities and towns during its 'Big Fashion Days'…

PMC scam: ED files PMLA case, raids at 6 places in Mumbai

New Delhi (IANS) The Enforcement Directorate (ED) has filed a money laundering case in the Rs 4,355 crore Punjab and Maharashtra Cooperative (PMC) Bank fraud matter, sources in the agency said on Friday. The sleuths of the federal financial investigation…

Growth Woes: RBI administers 5th rate cut; maintains accommodative stance

Mumbai (IANS) Sticking to "accommodative stance", the Reserve Bank on Friday reduced its key lending rates to boost consumption and reverse the slowdown that has plagued India's economic growth.

Taking the note of the continued…

Indian banking sector sound, stable: RBI Governor

New Delhi (IANS) Days after the PMC Bank came under scanner for alleged frauds, the RBI Governor Shaktikanta Das on Friday said that all was well with the banking system and one incident could not reflect the health of the overall system.

He…

Sensex down 200 points, markets dip on fresh trade concerns

Mumbai (IANS) The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex trading nearly 200 points lower.

The domestic indices traded in line with the Asian markets, which fell on fresh trade concerns after…

Huawei must be in play in India: Sunil Mittal

New Delhi (IANS) Bharti Airtel chairman Sunil Mittal on Thursday supported Chinese telecom equipment vendor Huawei Technologies to be allowed in all telecom operations in India, hinting towards even 5G trials saying their products are extremely good…

No change in petrol, diesel prices

New Delhi (IANS) There were no change in diesel and petrol prices on Wednesday after two consecutive days of upward revision.

Crude prices in the international markets, however, rose owing to reports of decrease in oil reserved in the US.

SJM warns of 50 million rural job losses over dairy deal

New Delhi (IANS) The Swadeshi Jagran Manch, the Sangh affiliate is known more for its stands against the government than for it, has now taken up the cause of the cash cow that is India's dairy industry.

And this time it…