One Crore Fine Imposed on Union Bank of India by RBI
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One Crore Fine Imposed on Union Bank of India by RBI

New Delhi: The Reserve Bank of India has imposed a Rs 1 crore penalty on Union Bank of India for failing to detect and report fraud on time.…

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Marginal Recovery Shown by Indian Rupee as it improves by 29 paise
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Marginal Recovery Shown by Indian Rupee as it improves by 29 paise

New Delhi: Yesterday the Indian Rupee settled at 71.99 per US dollar, down 24 paise from the previous close of 71.75, after hitting a fresh record low of…

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GST Slabs Might be Reduced to Two by the Government in Near Future
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GST Slabs Might be Reduced to Two by the Government in Near Future

Bengaluru: The Centre is planning to slash the number of GST rate slabs from the present five to two in the near future, according to AK Jyotishi, Principal…

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MCLR on Select Maturities Increased by Vijaya Bank
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MCLR on Select Maturities Increased by Vijaya Bank

New Delhi: State-owned Vijaya Bank has hiked marginal cost based lending rates (MCLR) by 0.05 per cent for select maturities, following industry peers. In a regulatory filing, the…

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Historical Downfall in Rupee Against Dollar; Touches 72 Mark for the First Time
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Historical Downfall in Rupee Against Dollar; Touches 72 Mark for the First Time

New Delhi: After slight recovery shown by the Indian currency on September 3, 2018, Rupee has again started to slide and now it has touched the 72 mark…

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Time for us to work on the real source of energy, Solar Energy: Suresh Prabhu
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Time for us to work on the real source of energy, Solar Energy: Suresh Prabhu

New Delhi: Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation said that there is immense scope for innovation & growth in the solar energy industry globally…

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First Electric Vehicle Charging Station in Simhadri by NTPC
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First Electric Vehicle Charging Station in Simhadri by NTPC

Vishakhapatnam: In line with Government of India’s plans to switch to electric vehicles mobility, NTPC, India’s largest power generating company, initiates its first Electric Vehicle Charging Station in…

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Marginal Recovery Shown by Rupee as it Opens at 70.78 against Dollar
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Marginal Recovery Shown by Rupee as it Opens at 70.78 against Dollar

New Delhi: After reaching the lowest point, Rupee showed some signs of recovery as it opened 22 paise higher at 70.78 against US Dollar on Monday. This recovery…

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India Post Payments Bank to Boost Financial Inclusion
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India Post Payments Bank to Boost Financial Inclusion

New Delhi: With a vision to boost financial inclusion, Prime Minister Narendra Modi launched India Post Payments Bank (IPPB). The payments bank has been launched with the vision…

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Post Payments Bank to be Launched by PM on September 1
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Post Payments Bank to be Launched by PM on September 1

New Delhi: The wait for the India Post Payments Bank (IPPB) would get over tomorrow. Prime Minister Narendra Modi will be launching the IPPB with the motive to…

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