by admin | Dec 31, 2019 | Business News-India
In an attempt to strengthen its supervisory control over the Urban co-operative banks (UCBs) the Reserve Bank on Friday said that UCBs with deposit base over Rs 100 crore will require prior approval of RBI for appointment of their CEOs. After capping lending to a...
by admin | Dec 31, 2019 | Business News-India
MUMBAI: Reliance Industries, India’s biggest company by market value, has started its web portal Jiomart, harnessing the might of its two largest consumer-facing businesses to announce its entry into online food and grocery shopping by early next year. The app will...
by admin | Dec 30, 2019 | Business News-India
NEW DELHI: The finance ministry has cut the amount various ministries and department can spend in the last quarter to a maximum of 25% of their budget estimate for the entire financial year, citing fiscal situation. The earlier limit for the last quarter spending was...
by admin | Dec 30, 2019 | Business News-India
By Andy MukherjeeSo is China readying its own Bitcoin? Banish the thought. It’s far bigger than that. Yes, just like any other cryptocurrency — or for that matter, cigarettes in prisoners-of-war camps — the upcoming digital yuan will be “tokenized” money. But the...
by admin | Dec 29, 2019 | Business News-India
By Daniel MossIndia’s economy lost its sheen this year. As it stumbles through a deep slowdown and a credit crisis, the country has gone from being hailed as a colossus-in-waiting to placing among the also-rans. Rarely has a major economy had such a humbling...
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