TRAI asks Telcos to submit plan details of segmented offers every month
AMN The Telecom Regulatory Authority of India (TRAI) has directed operators to submit before it all tariff plans that they offer to select segments of customers at the end of…
Niti Aayog for new regulations for bank loans’ repayment
AMN / MUMBAI Niti Aayog’s Chief Executive Officer Amitabh Kant has said that the government and the Reserve Bank will have to bring in a new set of regulations to…
RBI cuts repo rate by 25 basis points
AMN / MUMBAI The Reserve Bank of India (RBI) has cut its repo rate under liquidity adjustment facility (LAF), or the rate at which it lends to banks, by 25…
India likely to grow at 7.2% in the current fiscal year: ADB
AMN Asian Development Bank Asian Development Bank, ADB, says India’s growth is set to pick up. In its report released today, ADB said India is expected to grow at 7.2…
India’s exports will cross $331 billion mark in 2018-19
WEB DESK / NEW DELHI India’s exports are expected to reach 32.4 billion dollars in March, the highest in any month so far, on account of healthy growth in sectors…
Sensex rises 185 points; Nifty ends at 11,713
AMN At the stock markets, Sensex hit a fresh all-time high on Tuesday and the rupee posted solid gains against the dollar. Rising for the fourth straight day, the Sensex…
Govt extends date of linking PAN with Aadhaar
AMN The government has extended the date of linking of PAN with Aadhaar number by six months till 30th of September. Earlier, the last date was till March 31st. In…
Finally Vijaya Bank, Dena Bank merged with Bank of Baroda
AMN / NEW DELHI With the amalgamation of Vijaya Bank and Dena Bank, the Bank of Baroda BoB has become the third-largest lender of the country today. The Reserve Bank…
GST Authority clarifies on change/transfer in ownership of sole proprietorship
AMN / NEW DELHI The Goods and Services Tax, GST Authority has clarified that transfer or change in the ownership of business will include transfer or change in the ownership…
Govt decides to infuse around Rs 5000 Cr into Bank Of Baroda
AMN The government has decided to infuse around five thousand crore rupees into state-owned Bank of Baroda ahead of merger of two other public sector lenders Dena Bank and Vijaya…