Momentum generated by PMJDY needs to be taken forward: RBI
The National Financial Inclusion Strategies (NFIS) document for 2019-24 also said the digital infrastructure in the country needs to be expanded through better networking of bank branches, banking correspondent outlets, micro ATM, PoS terminals and stable connectivity.
10,349 farmers committed suicide in 2018: NCRB
The 2018 figure is less in comparison to 2016 when 11,379 farmers committed suicide, according...
Conviction rate for rape only 27.2% even as country celebrates justice in Nirbhaya case
According to the National Crime Records Bureau (NCRB), 1,56,327 rape cases were on trial in 2018. Of these, trial was completed in 17,313 cases, resulting in conviction in only 4,708 cases. There was acquittal in 11,133 rape cases and discharge in 1,472 cases.
Ex-Dawood Ibrahim aide gangster Ejaz Lakdawala arrested by Mumbai Police
Fugitive gangster Ejaz Lakdawala, wanted in connection with several cases of extortion, attempt to kill and rioting, has been arrested by Mu...
Financials, auto, IT & pharma to lead Q3 earnings: Deven Choksey
Banks are monetising their assets, selling part stakes in their investment portfolios and getting out of the non-core activities. They would have better profits to talk about. Financials clearly look winners in this particular quarter results. Auto and auto ancillaries would probably have a relatively better quarter on a sequential basis. Many commodity stocks are likely to show better performance.
20 financial resolutions to make in 2020
Keeping anything till the last minute is never a good idea, especially when it comes to money matter. Making your tax-saving investments in the last minute can have long lasting negative implications.
Home Secretary, Delhi Police chief to appear before parliamentary panel
The panel may also seek the report prepared by Delhi Police’s joint commissioner Shalini Singh on JNU’s Sunday violence. Singh was to submit her report to the home ministry. JNUSU has claimed that members of RSS’ student wing Akhil Bharatiya Vidyarthi Parishad (ABVP) were behind the violence. ABVP has denied the allegations.
Foreign tourists shun India amid protests and crime
Tour operators catering to overseas tourists from the US and UK say their clients were increasingly enquiring about safety and security in the country in the wake of these developments.
US elections unlikely to impact Indian IT: JM Financial
There has been minimal buzz on outsourcing as an election issue this time, unlike the previous two elections which had resulted in a marked slowdown in the year-on-year dollar revenue growth for Indian IT cos. Additionally, Indian IT cos have stepped up local hiring in the US and have been adding local development capacities to accommodate rebadged headcount.
Dalal Street Week Ahead: Nifty50 lacks internal strength; financials look strong
The Auto Index has slipped into the weakening quadrant and it appears to have topped out.
8 financial deadlines in 2020 that you need to know
To be moneywise in the year 2020, here are 8 financial deadlines that you need to know about.
UN ups 2020 budget, includes funds for war crimes probes
The increase is due to additional missions assigned to the UN Secretariat, inflation and exchange rate adjustments, according to diplomats. These include the observer mission in Yemen, a political mission established in Haiti, the investigation of crimes committed in Syria since the outbreak of civil war in 2011, and in Myanmar after the 2017 crackdown on the Rohingya Muslim minority.
RBI revises supervisory framework for UCBs to expedite resolution of UCBs in financial stress
RBI added that it will continue to monitor asset quality, profitability and capital/net worth of UCBs.
Not shutting down, financial condition is being appropriately dealt with: Air India
Meenakshi Malik, Director-Commercial, Air India told travel partners in a letter, "There have been rumours going around in travel markets that Air India may be closing down its operations. I wish to take this opportunity to clarify that these rumours are baseless and without an iota of truth." Air India's net loss in 2018-19 was around Rs 8,556 crore.
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