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RBI Governor Raghuram Rajan addresses during the CIIs 1st Banking Summit in Mumbai. (Photo: PTI)

Clean-up of bad debts a must for future growth, says Raghuram Rajan

Growth will follow the clean up of the bank balance sheets, said RBI governor Raghuram Rajan in a reference to the...

12 Feb 2016 5:21 AM IST

Sensex falls by 807 points amid a global plunge

Sensex falls by 807 points amid a global plunge

Dalal Street witnessed one of its worst carnages with the benchmark Sensex and Nifty ending at their lowest levels since...

12 Feb 2016 2:28 AM IST

Global marts crash after Yellen remark

Global marts crash after Yellen remark

Investors dumped stock across Asia, Europe, US

12 Feb 2016 12:34 AM IST

Bad loans hit SBI net by 67 per cent

Country’s largest lender State Bank of India (SBI) on Thursday reported a massive 67 per cent fall in consolidated...

12 Feb 2016 12:32 AM IST

Small savings rates to be cut

Small savings rates to be cut

The Central government will revise interest rates for small savings schemes soon to align them with market rates, said...

12 Feb 2016 12:30 AM IST

Facebook CEO Mark Zukerberg

Colonial remark upsets Facebook boss

Facebook founder Mark Zuckerberg on Thursday disapproved comments of his board member Marc Andreessen that suggested...

12 Feb 2016 12:22 AM IST

Gold back in fashion, crosses Rs 28,000

Gold back in fashion, crosses Rs 28,000

The high bout of volatility and subdued sentiment in the stock markets are expected to turn investors towards gold in...

12 Feb 2016 12:18 AM IST

TRAI recommends licence amendment to facilitate Internet calls

The Authority recommends the amendment to clause 27.3 in the Unified Licence for inter-connection at the IP level.

11 Feb 2016 6:36 PM IST

Wipro to acquire US-based HealthPlan Services for $460 million

The partnership with HealthPlan Services positions Wipro to participate in the shift of the US health insurance industry...

11 Feb 2016 5:51 PM IST

PF may be withdrawn online from August: EPFO official

As many as 6.15 crore UANs were issued by EPFO out of which 2.34 crore were activated by the subscribers so far.

11 Feb 2016 4:15 PM IST

Economic Affairs Secretary Shaktikanta Das

Finance ministry, RBI on same page on monetary policy committee:...

RBI Governor Raghuram Rajan had said last week that the central bank has finished negotiations with the Finance Ministry...

11 Feb 2016 3:28 PM IST

Market mayhem: Sensex crashes 800 points to crack 23,000-level

The Nifty crashed 232.30 points or 3.21 per cent to 6,983.40.

11 Feb 2016 2:44 PM IST