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State Bank of India

NPAs eat into SBI's profit after merger

This is the first quarterly result from SBI after merging with five of its associate banks with it from April 1, 2017.

12 Aug 2017 3:47 AM IST

Chief Economic Advisor Arvind Subramanian

CEA wants deeper rate cut

Arvind continues his fight with Reserve Bank on policy rate.

12 Aug 2017 3:43 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Less active accounts got Rs 1.7 lakh-crore, says RBI

Extra deposits estimated to be Rs 4.3 lakh-crore.

12 Aug 2017 3:42 AM IST

The growth of Indias services sector, which was highly resilient even during the global financial crisis, has come down to 7.7% in 2016-17.

7.5 per cent growth target is difficult: Economic Survey-2

Survey criticises RBI for wrong inflation prediction, and consequently keeping interest rates high.

12 Aug 2017 2:46 AM IST

The comment comes in the backdrop of the regulators ongoing tussle with Apple that is reportedly not allowing convergence of the Trais Do-Not-Disturb app on its iOS platform.

Non-interoperability of data platforms allows firms to 'dictate...

Many platforms don't provide necessary API to take away data, as a result of which a platform with critical mass...

11 Aug 2017 9:05 PM IST

SAIL also plans to ramp up capacity further to 50 million tonnes per annum (MTPA) by 2025.

SAIL clocks net loss of Rs 801 crore on higher coal prices

In the Q1 FY2017-18, SAIL bore an impact of 115 per cent higher price on account of imported coal.

11 Aug 2017 8:48 PM IST

Achieving the high end of the 6.75-7.5 per cent growth projected previously will be difficult, said the Mid-Year Economic Survey.

India Inc reacts to Economic Survey, says it reflects anxiety,...

FICCI said the survey clearly laid out opportunities and risk factors that could have a bearing on the near to medium...

11 Aug 2017 8:38 PM IST

Indian ships saw a sharp decline in their share in carriage of countrys overseas trade.

Indian ships lose share in country's overseas trade: Survey

As on April 30, India had a fleet strength of 1,323 ships, said the report.

11 Aug 2017 8:01 PM IST

Telecom Minister Manoj Sinha

Manoj Sinha says monitoring all mobile phones, Whatsapp not possible

The minister said the interception can be done under the provisions of Indian Telegraph Act and the Department of...

11 Aug 2017 7:34 PM IST

The fire broke out at the Samsung Electronics Co Ltd affiliates factory in the northern Chinese city of Tianjin earlier on Wednesday and has been extinguished, a Samsung spokesman said, adding that there were no casualties or significant impact to the plants operations.

Industrial output enters negative zone, contracts 0.1 per cent in June

Factory output, measured in terms of Index of Industrial Production, grew 8 per cent in June 2016.

11 Aug 2017 7:13 PM IST

CCI rejects complaint of 'abuse of dominant position' against Tata...

The complaint was in regard to sale of a flat in Pune.

11 Aug 2017 6:55 PM IST

Beginning April 1, people living in rural areas need to have Aadhaar under MGNREGS that mandates 100 days work for a household annually.

Around 81 lakh Aadhaar numbers deactivated till date: Govt

Aadhaar numbers deactivated for reasons stated in Section 27 and 28 of Aadhaar (Enrolment and Update) Regulations, 2016.

11 Aug 2017 6:49 PM IST