Business - Page 94

New Delhi :Over optimistic bankers, slowdown in government decision making process and moderation in economic growth mainly contributed to the mounting bad loans, said former RBI Governor Raghuram Rajan in a note…

United Nations: The cost of corruption is at least USD 2.6 trillion, or five per cent of the global GDP, UN Secretary-General Antonio Guterres has said and urged the international community to…

New Delhi: Internet major Google is learnt to have agreed to follow the RBI’s local data storage norm for payment services but wants time until December to comply with. “Google during the…

New Delhi: Capital markets regulator Sebi has imposed a total penalty of Rs 1.5 crore on 34 entities for indulging in fraudulent trading that led to artificial volume in the shares of…

New Delhi: Domestic passenger vehicle sales dropped 2.46 per cent to 2,87,186 units in August as against 2,49,416 units in the same month last year, automobile industry body SIAM said Tuesday. Car…

Hyderabad: The major factor for rising prices of petrol and diesel is the global macro situation, said industry body ASSOCHAM but expressed hope the tax burden would be brought down to some…

Mumbai: The rupee weakened further to hit a fresh low of 72.64 against the US currency, falling 91 paise in late morning deals on Monday on rising crude oil prices, strengthening dollar…

Mumbai:The RBI Friday tweaked norms for exchange of mutilated currency notes following introduction of Rs 2,000, Rs 200 and other lower denomination currencies. Post demonetisation in November 2016, the Reserve Bank has…

New Delhi:Regulator TRAI has imposed penalties on major telecom operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular (now merged), for slipping on various service quality benchmarks for the March quarter,…

Chicago: India is undergoing transformation at an unprecedented pace and scale, Vice President M Venkaiah Naidu has said as he urged the Indian community in the US to join and contribute to…