Business- Page 23

New Delhi: The Reserve Bank has imposed a monetary penalty of Rs 3 crore on Union Bank, Rs 2 crore on Dena Bank, and Rs 1 crore each on IDBI and the

Mumbai:The Securities and Exchange Board of India (Sebi) tightened the valuation methodology for liquid mutual funds (MFs) and did away with the open offer exemption given to those seeking to acquire assets

New Delhi: GST collections in February dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said. The number of sales return or

Mumbai: The Enforcement Directorate (ED) in Mumbai has on Saturday called former ICICI Bank CEO Chanda Kochhar and Videocon promoter Venugopal Dhoot for questioning in connection with a bank loan fraud case.

New Delhi: Gold prices fell by Rs 310 to Rs 33,770 per 10 grams at the bullion market on Saturday due to tepid demand from local jewellers and weak global cues. Silver

New Delhi: The member nations of RCEP bloc must empower their negotiators to adopt flexibility for resolving pending issues coming in the way of concluding the negotiations for the proposed mega trade

Pune: Passenger vehicle (PV) sales in February were dragged down as sales at Maruti Suzuki, India’s bellwether of the passenger vehicle segment, remained flat for six months in a row. However, with

New Delhi: A day after the Supreme Court held that special allowance is part of basic wages for EPF dues computation, retirement fund body EPFO has decided to take a stringent action

Mumbai: The country’s foreign exchange reserves increased by USD 944.7 million to USD 399.217 billion in the week to February 22, due to increase in foreign currency assets, according to the RBI

Mumbai: BNP Paribas Cardif, the joint venture partner in SBI Life Insurance, has sold 9.2 per cent of its stake in the private life insurance company for Rs 4,751 crore. This is