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Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

You don't get away by not paying back to banks: Jaitley

Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM

28 Feb 2019 5:38 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Core sectors' growth slows down to 1.8 per cent in January

Eight sectors recorded a growth rate of 4.5 per cent against 4.1 per cent in the same period of the previous fiscal.

28 Feb 2019 5:32 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in...

The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.

28 Feb 2019 5:32 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak ties up with ADIA for USD 600 mn distressed assets fund

ADIA has committed USD 500 million for the special situations fund, while Kotak will invest the remaining.

28 Feb 2019 5:21 PM IST

GST reforms to boost realty demand: developers

To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for...

28 Feb 2019 5:02 PM IST

Some Facebook content reviewers in India complain of low pay, high...

Seven content reviewers at Genpact said in interviews late last year, early in 2019 that their work was underpaid,...

28 Feb 2019 4:37 PM IST

Bajaj Finserv, through its lending arm, Bajaj Finance Ltd., has announced a new feature hybrid flexi option.

Get cash on your terms with flexi business loans from Bajaj Finserv

Rather than relying on traditional forms of credit, borrow funds like you run your business with a Flexi Business Loan...

28 Feb 2019 4:25 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex, Nifty end marginally lower on F&O expiry, India-Pak tension

The 30-share index took off on a strong footing, advancing to a high of 36,085.85 in early sessions.

28 Feb 2019 4:21 PM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Centre, state should have a common platform for expanding aviation...

UDAN would never have taken off and would have still been grounded had there been no state participation.

28 Feb 2019 4:14 PM IST

Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

Govt keen on merger of PSBs to create globally competitive, healthy...

Reserve Bank insisted that banks should provision for all stressed assets so that only sound banks survive.

28 Feb 2019 3:53 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

Increasing exports can lead to better jobs, higher wages in India:...

India grew at a rate of 7.2 per cent in 2017, at the same time reducing the number of people living in poverty.

28 Feb 2019 3:43 PM IST

GST is a technology led law and hence it is imperative for MSMEs to understand the importance for technology in conducting their business: Mr. Aravind KS Head, Evangelization, Tally Solutions Pvt Ltd.

Tally Solutions emphasizes on the need of technology for MSMEs

Tally Solutions has been closely associated with ASSOCHAM, one of the apex trade associations of India, for many years.

28 Feb 2019 3:42 PM IST