The government of India has decided to infuse Rs 1,500 crore capital into state-owned Export-Import Bank of India (Exim Bank) in the next financial year. The amount is Rs 200 crore higher than the provision made by the government for the current...

When we speak of investments, it is generally advised that one should invest a part of their disposable income in a monthly or quarterly interest payment scheme through which they can receive a steady income. India’s largest public sector...

For the first time on Tuesday, Bitcoin rose above $50,000, adding steam to a rally fueled by signs that mainstream investors and businesses are gaining acceptance of the world's biggest cryptocurrency. Bitcoin hit a record $50,603 and at...

The Indian government could raise nearly Rs 28,600 crores if it fully exits its stake in Bank of India (BOI) and Indian Overseas Bank (IOB NSE 14.50 %), CARE Ratings NSE -0.85 % has said in their analysis. The government has...

Finance Minister Nirmala Sitharaman on Tuesday explained the government’s priorities to the Reserve Bank of India’s central board during their first meeting after presentation of the Union Budget 2021-22. As per the tradition, the...

EPFO is likely to announce the rate of interest on provident fund deposits for the financial year of 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar. The Employees’ Provident Fund Organisation (EPFO) is likely...

Ensuring the equality of all employees irrespective of their sex, gender equality plays a great role in deciding better business results. In the corporate sector, although the ratio between male and female employees is significantly less than in...

India's government has shortlisted four mid-sized state-run banks for privatization, under a new push to sell state assets and shore up government revenues, three government sources said. Privatization of the banking sector, which is...

The finance ministry on Monday released the 16th instalment of Rs 6,000 crore to states to meet the GST compensation shortfall which will take the total amount released so far to Rs 95,000 crore. Till now, 86 percent of the total estimated GST...

The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban co-operative banks (UCBs) and exploring the potential of consolidation in the sector. The committee, to be headed by former RBI Deputy Governor N S...