Finance

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Search for next SBI chairman begins

Arundhati Bhattacharya was appointed in 2013 as the bank's first woman chairman, and got a year's extension in October 2016, as SBI was in the process of merging its associate banks with itself.

Jun 12, 2017

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Boxing the box office: Revised tax rates on movie tickets will spur torrents, piracy, say Netizens

Union Finance Minister Arun Jaitley said movie tickets priced under Rs 100 will carry an 18 percent tax rate, while those above Rs 100 would be taxed at 28 percent.

Jun 11, 2017

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Big relief for small industry: GST Council slashes rates on 66 items

The Finance Ministry tweeted on Sunday that it received representations for about 133 items from industry, of which rates were reduced on 66 items.

Jun 11, 2017

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Farm loan waivers are necessary, but not a solution: MS Swaminathan

Three states have waived farm loans so far – Uttar Pradesh, Telangana and most recently, Maharashtra. But protests have been raging in Madhya Pradesh and Tamil Nadu over similar demands.

Jun 10, 2017

HDFC Bank to roll back UPI charge plan

The National Payments Corporation of India which runs the UPI railroads had requested the bank to reconsider the decision and is expected to call a meeting with bankers very soon

Jun 9, 2017

Qatar handed out AA- credit rating by S&P

Qatar has been isolated by its neighbours, including Saudi Arabia, Egypt, Bahrain and the United Arab Emirates since early this month.

Jun 8, 2017

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FACTBOX: Business impact of Qatar-Gulf rift

Here are some business deals that have either been affected by the rift or could be affected.

Jun 5, 2017

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Small businesses suffer as India's bruised banks sit on deposits

Banks' worsening asset quality is making them reluctant to grant new loans, especially to small- and medium-sized enterprises (SMEs).

May 17, 2017

Priyanka Gandhi distances herself from Vadra land deals after panel says he made profits of Rs 50.5 crore

The Justice SN Dhingra Commission has said Robert Vadra made profits of Rs 50.5 crore from land and property deals, and a property of Priyanka was among them. Read to know more.

Apr 28, 2017

Planning for early retirement? This is how you calculate if you can do that now!

If you want to retire early and fulfil your dreams of travelling the world and spend time with your loved ones, the 4 percent rule might just be the answer to all your early retirement woes.

Apr 20, 2017

'I hope Australian PM's visit to India is as productive as it has been for Steven Smith's batting,' says PM Modi

Steven Smith had smashed three Test centuries in the recently-concluded tour, a rare achievement for an overseas batsman in India.

Apr 10, 2017

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Lucky Grahak Yojana: Central Bank of India customer wins Rs 1 crore in lucky draw; PM Modi to felicitate winners on April 14

In the consumer category, three mega prizes of Rs 1 crore, Rs 50 lakh and Rs 25 lakh went to people using Rupay debit cards to make digital payment of less than Rs 1,000.

Apr 9, 2017

Pranab Mukherjee calls for unstinted support to PM Modi's mission of a less-cash India

President Pranab Mukherjee also said that the Aadhaar card initiative is a watershed event in the development story of India.

Apr 9, 2017

The new £1 coin: In numbers

On 28 March the new high security 12 sided £1 coin is being introduced as legal tender, replacing the round pound that has been in circulation since 21 April 1983. The new coin is claimed to be ‘the most secure coin in the world’ as it boasts anti-counterfeit measures, as the Royal Mint claims one in every 30 coins returned in change are fake.

Mar 27, 2017

Keystone XL Pipeline: Trump approves controversial US-Canada oil pipeline rejected by Obama in 2015

Keystone XL Pipeline will span nearly 1,200 miles across six US states, moving over 800,000 barrels of carbon-heavy petroleum daily from Canadian oil sands through Nebraska to refineries on the Gulf Coast.

Mar 24, 2017

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