Friday 30 August 2019

Big bank mergers: Government turns ten PSBs into four

WEEKLY NEWS PLATTER

Sat, Aug 31, 2019 | 10:26 AM IST

Big bank mergers: Government turns ten PSBs into four

Other Measures Separate mechanism for sanctioning and monitoring of big loans, operational flexibility in hiring from the market....

RBI board accepts Jalan panel report, approves surplus transfer of Rs 1.76 lakh cr to govt

The surplus transfer is expected to help the government meet its fiscal deficit target....

Meter down: At 5%, GDP growth falls to 6-yr low in June quarter

Nominal GDP growth rises just 8%, least in the current series of accounts going back to FY12, indicating a deep slowdown....

Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder

Road construction costs are shooting up. Road infrastructure has become financially unviable....

Rs 71,500 crore worth of bank frauds detected in FY19: RBI report

Indian banking system detected Rs 71,500 crore worth of frauds in financial year 2018-19, the RBI report said....

How China uses Linkedin to recruit spies abroad

The use of social media by Chinese for what US officials call nefarious purposes has drawn scrutiny recently....

MDR boost for merchants using UPI

This move is expected to encourage small grocery stores, chemists and kirana stores across the country to set up basic acceptance infrastructure su...

RBI transfer to government: The good and the bad

The recommendations and their acceptance by the RBI lend credibility to India's overall policy frameworks and institutions....

View: Modi gets real on the economy

Many would argue that Sitharaman's measures on Friday weren't bold enough. But that misses the key point....

Investors, lenders want tycoon Gautam Thapar removed as Chairman of CG Power

While no one has been named yet, the investigation has found strong links to the present management....

India offers a bargain to the world: Our consumers, your jobs
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