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moratorium extended, repo rate cut: RBI’s fresh virus-fighting boost in 10 points RBI governor Shaktikanta Das not only announced an extension of existing Covid-19...

Reserve Bank of India (RBI) on Friday announced a fresh set of measures in the wake of the coronavirus crisis in the country and...

Rupee settles 14 paise lower at 75.80 against US dollar

The rupee depreciated by 14 paise to 75.80 (provisional) against the US dollar on Wednesday as headwinds due to US-China trade tiff and worries...

Package for financial sector to ease asset risks, but won’t fully offset COVID-19 blow: Moody’s

Moody's Investors Service on Tuesday said the measures announced by the government for financial institutions as part of Rs 20 lakh crore-economic package will...

Banks adopting different procedures while releasing pensions: Govt

Banks are adopting different procedures while releasing pension or seeking certificates from pensioners at different periodicity, the Personnel Ministry has said. The ministry has...

COVID-19 Emergency: World Bank approves USD 1 billion additional aid to India

The World Bank on Friday approved USD 1 billion social protection package for India linked to Central government's programmes. World Bank also said that...

Fiscal deficit to balloon to 7.9% in FY21: Report

The government has announced a cumulative package of Rs 20 lakh crore, which is nearly 10 per cent of GDP to provide relief to various...

SBI complains to CBI after Rs 411 crore loan defaulter flee country

Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs...

Centre hikes excise duties by Rs 10 per litre on petrol, Rs 13 per litre on diesel

The Central government on Tuesday announced an increase in excise duties by Rs 10 per litre on petrol and Rs 13 per litre on...