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Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)Business
Lakshmi Vilas Bank placed under moratorium, RBI proposes merger with...

As part of the moratorium, the regulator has capped deposit withdrawals by customers to Rs 25,000

18 Nov 2020 3:29 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)Business
Loan moratorium: RBI urges SC to lift interim order banning...

The bench said that it would take up the matter for hearing on November 18

5 Nov 2020 1:58 PM IST

Centre has decided to delink the land component from the companies and transfer them to their parent ministriesBusiness
Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close...

2 Nov 2020 10:49 AM IST

From an average growth of 8 per cent during FY17-19, urban consumption declined 0.6 per cent for the first time in two decades in FY20 before collapsing by more than a quarter during April-August 2020. (Representational Image: AFP)Business
Urban consumption sees worst decline in two decades

While urban consumption contracted 34 per cent, rural consumption shrank only 4 per cent

17 Oct 2020 1:12 PM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.Business
IRDAI panel bats for lower capital, liberal norms for floating...

The changes would require amendments to the Insurance Act, 1938 to bring the standalone microinsurance business under...

12 Oct 2020 2:18 PM IST

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photoBusiness
Further extension of loan moratorium will vitiate credit discipline:...

The RBI also urged the SC to vacate its September 4 interim order restraining banks from declaring any new...

11 Oct 2020 11:14 AM IST

Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)Business
SC asks Centre, RBI to file Kamath panel suggestions, decisions on...

Kapil Sibal said that he wanted to file a detailed affidavit to the Centre's reply as there are certain facts which need...

5 Oct 2020 1:26 PM IST

Workers gather onions at APMC market yard. PTI photoBusiness
Onion export ban to cause Rs 5,000 crore losses to Maharashtra farmers

Growers in Maharashtra had stored up around 27 lakh tonnes of onion, of which 60 per cent stock remains

22 Sept 2020 2:56 PM IST

Villagers carry the mortal remains of a 72-year-old Covid-19 victim for burial in his ancestral graveyard in Baramulla district of North Kashmir on April 25, 2020. (PTI)Business
So you thought corona was good for insurance companies?

It's great that everyone's taking health insurance but for insurance companies the claims are mounting

18 Sept 2020 1:06 PM IST

Airfares especially on the Delhi-Mumbai sector, has seen a surge of 30 per cent owning to fewer flights operating out of one of Indias busiest airports. (Photo: ANI)Business
Civil aviation revenues down 85%, 18,000 jobs lost

Pickup in domestic air travel since July has been very slack

18 Sept 2020 11:27 AM IST

Last year, India had raised \serious reservations\ over the Human Capital Index, wherein India was ranked 115 out of 157 countries. This year India finds itself at 116th from among 174 countries. (Representational Image: PTI)Business
India ranks 116 in World Bank's pre-pandemic human capital index

The Index update includes health and education data for 174 countries covering 98 per cent of the world's population up...

17 Sept 2020 2:46 PM IST

A plane is being sanitised at a parking lot in an airport. AFP photoBusiness
No ban on taking pictures videos on flights: DGCA

The regulator had said a scheduled flight will be suspended for two weeks if anyone is found taking photographs inside...

14 Sept 2020 12:51 AM IST

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