Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Equity benchmark indices suffered bruising losses on Tuesday in all-round selling led by bank, financial, metal and auto stocks after the government last week reported 5 per cent GDP growth during the first fiscal quarter of April to June.
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
Updated : 2 months, 3 weeks ago IST
New Delhi [India], Sept 2 (ANI): The steering committee on fintech-related issues has recommended that the Department of Financial Services (DFS) works with public sector banks to bring in more efficiency and reduce security risks by leveraging artificial intelligence (AI), cognitive analyti
New Delhi [India], Sep 2 (ANI): The Society of Indian Automobile Manufacturers (SIAM) said on Monday that sales report coming out from various companies for August has been dismal with over 30 per cent erosion of sales for passenger vehicles.
New Delhi [India], Sep 2 (ANI): Sagging consumer sentiment amid economic slowdown has led major automobile manufacturers to report significant declines in sales during August.
Chennai (Tamil Nadu) [India], Sept 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday side-stepped a question on former Prime Minister Manmohan Singh's remarks that the government should put aside "vendetta politics" and reach out to all sane voices to steer the country's economy o
Chennai (Tamil Nadu) [India], Sept 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday allayed the concerns of job losses in the wake of the merger of public banks.
Chennai (Tamil Nadu) [India], Sept 1 (ANI): With the economy reporting a sluggish growth of 5 per cent in the last quarter of the current financial year, Finance Minister Nirmala Sitharaman on Sunday said that her government was prepared to respond to the industry's "needs and suggestions
Bengaluru (Karnataka)/Ahmedabad (Gujarat) [India], Aug 31 (ANI): Union government's decision to merge 10 public sector banks to create four entities has irked many bank workers who were seen staging protests in different cities on Saturday.
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
New Delhi [India], Aug 30 (ANI): Congress on Friday said that the latest GDP figures which show growth rate at 5 per cent were "dismal and disappointing" and accused the government of indulging in "headline management" instead of addressing the structural issues ailing the economy.
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f