Chennai (IANS) The All India Bank Employees’ Association (AIBEA) has written to Finance Minister Nirmala Sitharaman stating that the Central government does not want its representatives on the boards of public sector banks. In his letter to Sitharaman on Monday, AIBEA’s … read more
Bengaluru (IANS) The state-run Hindustan Aeronautics Ltd (HAL) is bracing for an indefinite strike from Monday by its 20,000 employees over wage revision and other demands, a union official said on Sunday. “As talks and reconciliation efforts with the management failed … read more
Bhopal (IANS) The Indian Railways, which does not exactly hold the reputation for being a profit-making entity has managed to swell its coffers by Rs 35,000 crore, which is more than the annual budget of three northeastern states put together. The … read more
San Francisco (IANS) Nearly 40 state attorneys general are set to join probe against Facebook’s anti-competitive business practices. They met officials from the Justice Department and Federal Trade Commission (FTC) in Washington, DC, on Monday, reports Market Watch. “We held bipartisan … read more
New Delhi (IANS) Days after the PMC Bank came under scanner for alleged frauds, the RBI Governor Shaktikanta Das on Friday said that all was well with the banking system and one incident could not reflect the health of the … read more
New Delhi (IANS) The Finance Ministry on Friday said it has taken into account RBI’s downward revision of GDP growth rate for the fiscal to 6.1 per cent while hailing the 25 bps cuts in repo rates which will complement the … read more
New Delhi (IANS) The Enforcement Directorate (ED) has filed a money laundering case in the Rs 4,355 crore Punjab and Maharashtra Cooperative (PMC) Bank fraud matter, sources in the agency said on Friday. The sleuths of the federal financial investigation … read more
Mumbai (IANS) The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex trading nearly 200 points lower. The domestic indices traded in line with the Asian markets, which fell on fresh trade concerns after the … read more
New Delhi (IANS) The Swadeshi Jagran Manch, the Sangh affiliate is known more for its stands against the government than for it, has now taken up the cause of the cash cow that is India’s dairy industry. And this time it … read more
Lucknow (IANS) The Yogi Adityanath government in Uttar Pradesh has decided to open retail outlets for selling onions at controlled rates. Uttar Pradesh Chief Secretary R.K. Tiwari has asked all District Magistrates to open such outlets at the earliest. These outlets … read more