Himadri Ghosh

Articles by Himadri Ghosh

Email : editor@ibtimes.co.in

RBI sets March deadline for banks to provision against second list of bad loans

According to rules, banks need to do 50 percent provisioning against secured loans it has provided and 100 percent when it comes to unsecured exposures.

Nov 21, 2017

Boeing to hire 800 direct employees in India: Report

Boeing's Indian subsidiary has 1,200 direct employees and around 7,000 contract workers, who work on its projects through third-party firms based in India.

Nov 21, 2017

SBI to use new age blockchain technology for smart contracts, KYC

To take full advantage of blockchain technology, a consortium named BankChain was floated in February 2017 with SBI as its first member.

Nov 20, 2017

Payments banks struggle to add more depositors after almost 1 year of operation

For payment banks, the central bank has capped the demand deposits at Rs 1 lakh in each account. Payment banks are not allowed to offer fixed deposits and provide loans to its customers.

Nov 20, 2017

Pass on GST rate cut benefit to consumer or face action, Hasmukh Adhia tells companies

"I am not willing to accept their argument to postpone passing on the benefits to consumers till they have disposed of their old stocks," Adhia said.

Nov 20, 2017

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5G Network to generate Rs 1.7 lakh crore revenue for Indian Telcos by 2026: Report

Ericsson on Friday showcased the first live 5G end-to-end demonstration in India using its 5G test bed and 5G NR Radio.

Nov 17, 2017

SEBI to investigate possible insider information leaks on WhatsApp

An Investigation revealed that as many as 12 cases where messages about many Indian companies were circulated in private WhatsApp groups.

Nov 17, 2017

bse, stock markets, stock broker, indian stock markets, bse sensex, nse nifty

Markets cheer Moody's decision to upgrade India's credit rating

Sensex and Nifty gained over 370 points and 112 points, respectively, in early trade on Friday.

Nov 17, 2017

Cabinet approves formation of National Anti-profiteering Authority under GST

Not just NAA, the GST framework now comprises of a standing committee, screening committees in every state and the Directorate General of Safeguards in the Central Board of Excise & Customs .

Nov 16, 2017

arun jaitley, jaitley to meet bankers on 12 june, psu banks npas, bad loans, npa ordinance, gst implementation, it minister to meet head honchos

Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

"I think the bottoming out of the economy is complete and now it should start moving upwards, Jaitley said.

Nov 16, 2017

Co-location case: I-T dept searches premises of top NSE officials

According to reports, former NSE MDs Ravi Narain and Chitra Ramkrishna, and Suprabhat Lala are on the search list.

Nov 16, 2017

Shell companies: Govt probe found 1.3 lakh firms operating without PAN

The government is also probing 809 listed companies, whose records are not traceable by the capital market regulator — the Securities and Exchange Board of India.

Nov 16, 2017

'All is well' at Infosys, says co-founder Narayana Murthy

"Nandan himself has been a CEO and he knows what he requires and there is no need for advice," said Murthy.

Nov 15, 2017

Amazon India doubles capital to Rs 31,000 crore to give tough competition to Flipkart

With the new capital infusion, Amazon almost matched the commitment of Rs 32,500 crore ($5 billion) made last year.

Nov 15, 2017

note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

For bank recapitalisation, Modi govt wants special dividend from RBI

The RBI has been asked if it can pay a special dividend, apart from the yearly surplus that it pays the Centre.

Nov 15, 2017

Good news for jobseekers! Tech companies offering fat pay cheques to graduates for niche IT roles

For niche IT profiles in emerging technologies such as artificial intelligence (AI), machine learning, data science and robotics,companies are offering up to 60 percent higher salaries than last year.

Nov 14, 2017

inflation, retail inflation, inflation may 2017, rbi inflation target, rbi, pay commission, modi govt

Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

Fuel inflation has remained high for the past three-four months as petrol and diesel prices continued to rally high due to surge in global crude prisce.

Nov 14, 2017

Indian Railways to float large size tenders for faster electrification of tracks

The government began electrifying 24,400 km of railway tracks in a five-year period that started in 2016, at a cost of Rs 35,000 crore.

Nov 14, 2017

No single GST rate but finance minister hints at further rate cuts

Jaitley said that, "In four months, we have rationalised the 28 percent slab. Such rationalisation in future depends on revenue buoyancy."

Nov 14, 2017

bank, banks, atm, cash, note ban, demonetisation, modi govt, no cash, rbi, bank deposits

State-owned banks suggest tweaks in lending structure to boost credit growth

With all such suggestions, bankers made a presentation to finance minister Arun Jaitley. In the meeting the Bankers also stressed on issues such as capital allocation, asset quality and credit growth.

Nov 13, 2017

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Articles by Himadri Ghosh

RBI sets March deadline for banks to provision against second list of bad loans

Boeing to hire 800 direct employees in India: Report

SBI to use new age blockchain technology for smart contracts, KYC

Payments banks struggle to add more depositors after almost 1 year of operation

Pass on GST rate cut benefit to consumer or face action, Hasmukh Adhia tells companies

5G Network to generate Rs 1.7 lakh crore revenue for Indian Telcos by 2026: Report

SEBI to investigate possible insider information leaks on WhatsApp

Markets cheer Moody's decision to upgrade India's credit rating

Cabinet approves formation of National Anti-profiteering Authority under GST

Indian economy will soon move upward, recovered from 'temporary blip': Arun Jaitley

Co-location case: I-T dept searches premises of top NSE officials

Shell companies: Govt probe found 1.3 lakh firms operating without PAN

'All is well' at Infosys, says co-founder Narayana Murthy

Amazon India doubles capital to Rs 31,000 crore to give tough competition to Flipkart

For bank recapitalisation, Modi govt wants special dividend from RBI

Good news for jobseekers! Tech companies offering fat pay cheques to graduates for niche IT roles

Vegetables get dearer as wholesale inflation hits 6-month high of 3.59%

Indian Railways to float large size tenders for faster electrification of tracks

No single GST rate but finance minister hints at further rate cuts

State-owned banks suggest tweaks in lending structure to boost credit growth

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'