Not a single job will be lost due to merger of banks: Sitharaman
AMN / CHENNAI Finance Minister Nirmala Sitharaman has categorically said the proposed merger of banks would not lead to any job losses. Talking to MEDIA PERSONS in Chennai on Sunday,…
Manmohan Singh: Mismanagement by Modi Govt resulted in slowdown
State of economy deeply worrying WEB DESK / NEW DELHI Former Prime Dr. Manmohan Singh today criticised the NDA government led by prime minister Narendra Modi over the current economic…
Data usage in e-commerce needs careful oversight: Rajiv Kumar
AMN / NEW DELHI NITI Ayog Vice Chairman Rajiv Kumar Friday said that usage of data by people in e-commerce needs careful oversight. When combined with modern technology, it gives…
Gross NPA ratio of banks declined following early resolution of stressed assets: RBI
WEB DESK Reserve Bank says early recognition and resolution of stressed assets have helped banks contain their Gross Non-Performing Loans ratio at 9.1 percent down from 11.2 percent a year…
India’s GDP growth slips to 6-year low of 5% in June quarter
AGENCIES / WEB DESK Indian economy or Gross Domestic Product, GDP expanded at lower-than-expected 5% year on year in the April-June quarter, the slowest in over six years, driven by…
PNB, Oriental Bank and United Bank of India to be merged
Govt also announces merger of Canara and Syndicate Banks. Union, Andhra and Corporation Banks also to be merged Andalib Akhter / New Delhi The government today announced the merger of…
FM announces major reforms in banking sector
PNB, Oriental Bank and United Bank of India to be merged. Andalib Akhter / New Delhi The Union Finance and Corporate Affairs Minister Nirmala Sitharaman unveiled another major reforms in…
ADB President meets PM Modi, backs India’s new initiatives
WEB DESK Asian Development Bank, ADB, President Takehiko Nakao Thursday met Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives. Mr Nakao commended the government’s vision…
Horticulture production estimated to be over 313 million tonnes
AMN / NEW DELHI The total horticulture production of the country is estimated to be over 313 million tonnes which is 0.69 per cent higher than the production in 2017-18.…
Govt committed for total privatisation of Air India: Hardeep Puri
Onkar Singh / NEW DELHI Union Civil Aviation Minister Mr Hardeep Singh Puri today said that government was determined for the privatization of Air India and people were interested in…