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Yes Bank sells asset management, mutual fund businesses to Khemkas White Oak. (PTI Photo)

YES Bank signs deal to sell two subsidiaries to Prashant Khemka's GPL...

The revenue contribution of Yes Asset Management in FY20 was Rs 33 lakh and net worth contribution totalled Rs 49.7...

21 Aug 2020 4:04 PM IST

Moodys base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021. (PTI Photo)

Public sector banks will need Rs 2.1 lakh crore to plug capital...

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in...

21 Aug 2020 2:06 PM IST

Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan. (PTI Photo)

3 Chinese banks may get Rs 7,000 crore from RCom resolution plan, DoT...

The NCLT had directed the DoT to file their submission by Friday, when the matter will be heard

21 Aug 2020 9:36 AM IST

Indias crude imports fall to lowest in over a decade in July. (AFP Photo)

India's crude imports drop to decade low in July

Crude oil imports last month slumped about 36.4% from a year earlier to 12.34 million tonnes, or 2.92 million barrels...

21 Aug 2020 8:57 AM IST

Sometimes ventilators are not giving the results doctors expect from them. (File photo:AP)

Do you see med tech companies flocking to India? Industry is sceptical

Union government is seeing visions of Rs 77,900 crore of manufacturing investment

20 Aug 2020 11:32 PM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI releases national strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:24 PM IST

Peoples Bank of China picks up 0.006 pc stake in ICICI Bank. (PTI Photo)

People's Bank of China invests Rs 15 crore in ICICI Bank amid...

Chinese bank was among 357 institutional investors including domestic mutual funds, insurance companies and global...

19 Aug 2020 10:18 AM IST

Union minister Hardeep Singh Puri on Tuesday said around 3.65 crore jobs would be generated in the construction of houses sanctioned under the Pradhan Mantri Awas Yojana. (PTI Photo)

PMAY(U) to generate 3.65 crore jobs in construction of sanctioned...

Puri said that it is estimated that 158 lakh metric tonnes of steel and 692 lakh metric tonnes of cement would be...

18 Aug 2020 3:05 PM IST

Taxpayers not required to disclose high-value transactions in ITR. (PTI Photo)

Taxpayers need not reveal high-value transactions in ITR

Only third parties would report high-value transactions to the I-T department as per the Income Tax Act

17 Aug 2020 4:38 PM IST

GoAir repatriates over 50,000 Indians. (PTI Photo)

GoAir repatriates 50,000 Indians in over 300 flights from Gulf...

Saudi Arabia emerged as the top destination for GoAir repatriation flights, followed by Kuwait, the UAE, Qatar and Oman...

16 Aug 2020 9:37 AM IST

Union Finance Minister Nirmala Sitharaman said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme. (PTI Photo)

Banks sanctioned Rs 1.43 lakh crore loans under credit guarantee...

Emergency Credit Line Guarantee Scheme was launched to provide much-needed relief to the MSME sector to meet their...

14 Aug 2020 2:08 PM IST

Indias July retail inflation dims chances of rate cut. (AFP Photo)

Retail inflation inches up to nearly 7% in July on higher food prices

Food prices soared due to supply-side disruptions caused by the coronavirus lockdown and rose 9.62% compared to a jump...

14 Aug 2020 10:08 AM IST