Home News Business

Business

Merger of 10 public sector banks comes into effect from today

Ten Public Sector Undertaking (PSU) banks will be amalgamated into four banks from 1 April. Oriental Bank of Commerce (OBC) and United Bank of...

Govt cuts interest rate on small savings schemes

The government on Tuesday slashed interest rates on small savings schemes, including NSC and PPF, by up to 1.4 percentage points for the first...

Facebook offers $100 mn to help virus-hit news media

Facebook said Monday it was donating USD 100 million to support news organizations globally hurting from the coronavirus pandemic, citing the need for reliable...

Sensex tanks over 1,100 pts; Nifty slumps below 8,400

Equity benchmark Sensex plunged over 1,100 points in opening session on Monday tracking losses in global equities as unabated spike in COVID-19 cases across...

No fuel crisis in India; enough stock of petrol, diesel, LPG available to last lockdown: IOC

India , the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stocks to last way beyond the three-week...

Global economy now in recession that will be worse than 2009: IMF chief IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was...

The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be...

SC allows sale of ten percent of unsold BS IV vehicles except Delhi-NCR for 10 days after lockdown

The Supreme Court on Friday allowed the sale of BS-IV vehicles for 10 more days across the country, except in Delhi-NCR, after the lockdown...

RBI guv urges people not resort to panic buying; says Indian banking system is safe

Allaying depositors'' concerns, RBI Governor Shaktikanta Das on Friday asserted there Indian banking system is safe, and termed linking banks'' share prices to safety...