New Delhi (IANS) The Union cabinet on Wednesday approved the merger of public sector lenders Dena Bank, Vijaya Bank with Bank of Baroda (BoB). Briefing reporters following the cabinet meeting, Law Minister Ravi Shankar Prasad said the merger will make the … read more
Mumbai (IANS): The Reserve Bank of India (RBI) has launched a survey to understand the “Retail Payment Habits of Individuals” (SRPHi). According to the central bank, the survey will cover a sample of 6,000 individuals from different socio-economic background across … read more
New Delhi (IANS) After disrupting India’s mobile phone market with brands such as itel, TECNO and Infinix, Transsion Holdings is all set to launch in 2019 its entire range of consumer durables, including televisions, air conditioners, refrigerators and washing machines, under … read more
Chennai (IANS) At a time when India is largely unbanked or underbanked with a low density of banks, the merger of banks will result in the killing of branches and would divert attention from recovering huge outstanding loans, said a top leader … read more
Mumbai (IANS) Broadly negative Asian stock exchanges along with a rise in global crude oil prices and domestic political uncertainty pulled the key indices of the Indian equity market lower during the morning trade session on Monday. According to market observers, heavy … read more
Vienna (IANS) The Organization of the Petroleum Exporting Countries (OPEC) and allied producers agreed to lower their production of crude oil by 1.2 million barrels per day for a six-month period. The measure, which was spearheaded by Russia, will come into effect … read more
Mumbai (IANS): Broadly negative global cues and caution ahead of the RBI policy pushed the key indices during the afternoon session on Wednesday to trade over 0.5 percent lower from their previous close . All the sectoral indices on BSE … read more
Gurugram (IANS) Samsung India is planning to hire over 300 engineers from the Indian Institutes of Technology (IIT) this placement season to strengthen its Research and Development (R&D) operations in the country, a company spokesperson said on Tuesday. Company officials from three … read more
San Francisco (IANS) An investigation by Ireland’s Data Protection Commission (DPC) found that LinkedIn had processed hashed email addresses of approximately 18 million non-LinkedIn members and targeted these individuals on Facebook without necessary permission, a new report has revealed. The … read more
Washington (IANS) A new US government report has delivered a dire warning about climate change and its devastating impacts, saying that the economy could lose hundreds of billions of dollars by the end of the century. The federally mandated study “Fourth … read more