Banks Not Lowering EMIs is ‘Nonsense’, Says RBI Gav. Rajan
MUMBAI: Reserve Bank Governor Raghuram Rajan on Tuesday came down heavily on lenders for not passing the benefits of lower interest rates to consumers. None...
Indra Nooyi hails Make in India initiative
JOKA(West Bengal): PepsiCo CEO Indra Nooyi hailed Prime Minister Narendra Modi's Make in India initiative saying that it would help set up a manufacturing base,...
PM wants RBI to prepare 20-year road map for financial inclusion
MUMBAI: Prime Minister Narendra Modi on Thursday asked the Reserve Bank to prepare a 20-year road map for financial inclusion and nudged banks to be...
Income Tax Department Publishes Names of Big Tax Defaulters
NEW DELHI: The Income Tax department on Tuesday took to the strategy of 'naming and shaming' of some large tax defaulters, as it published names...
‘Bank holidays may hit salary payments’
BANGALURU: Noting with concern the number of bank holidays between March 28 and April 5, industry body Assocham on Thursday sought the intervention of the...
Boost for IT workers
WASHINGTON: In a major move that could benefit Indian tech firms and their employees, U.S. President Barack Obama has eased the process to obtain L-1B...