Lenders are set to classify as much as Rs.1.3 lakh crore of bad loans that exist in the system as non-performing assets (NPAs) and intensify recovery measures in the wake of the Supreme Court verdict that is concerned with the extending of loan...

Union minister of state for finance and corporate affairs Anurag Singh Thakur listed out the various measures that are being taken by the government to increase the enrolment of people under the Atal Pension Yojana (APY). APY, a pension scheme in...

The rupee gave up all its intra-day gains to settle 6 paise lower at 72.43 (provisional) against the US dollar on Tuesday, which is in line with the weakness in other peers against the American currency. However, easing crude oil prices and...

The range of cyber-attacks is rising by the day, and newer tactics are being used by fraudsters to deceive people and steal their resources and Sniffing is one of the most basic hacking attacks. Sniffing attacks are performed to steal consumer...

The Ministry of Electronics and Information Technology (MeitY) has invited applications for the setting up of sub-assembly for manufacturing printed circuit boards, battery packs, power adapters, and switched mode power supply circuits from...

The Reserve Bank of India (RBI) has established a five-member committee to analyze applications for universal banks and small finance banks, which will be led by former RBI Deputy Governor Shyamala Gopinath. The other members of the panel —...

The government has fully exited Tata Communications Ltd by selling its 26.12% stake and has netted Rs 8,846 crore in the process, the Department of Investment and Public Asset Management (DIPAM) said Monday. The government has divested its holding...

State-owned engineering firm BHEL on Monday said that it has bagged its first ever overseas solar power project in Mauritius. The project will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on Engineering, Procurement and...

The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuation of perpetual bonds like additional tier-1 (AT-1) bonds following strong objection from the Finance Ministry. The regulator said the deemed residual...

The rupee appreciated 15 paise to close at 72.37 against the US dollar on Monday which was driven by the foreign fund inflows and the easing crude oil prices. However, subdued sentiment in the domestic equity markets and a moderately strong dollar...