Search Results for: banking sector

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7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

The Union Cabinet retained 108 allowances, deferred decision on 12 and merged 34 with other benefits for Central government employees, almost 20 months after the 7th Central Pay Commission submitted its report. You can read the list of all allowances here.

Jun 28, 2017

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GST makes India a unified market like EU

Amalgamating several state and central taxes into a single tax would mitigate cascading or double taxation and lead to easier administration and enforcement.

Jun 28, 2017

air india, cbi registers case against ai ia merger, cbi to probe purchase of 111 aircraft, upa scams, modi govt, fm arun jaitley, merger of air india and indian airlines

More & more Indians are preferring plane over train: Only nostalgia won't help railways survive the challenge

As India turns busier, the overburdened and slow railways in the country are lagging further and further behind air travelling. There is no easy route out for the railways that have only made to suffer all these decades.

Jun 28, 2017

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Wondering how much the SBI chief earns? Here's how low the salary is

SBI chairman Arundhati Bhattacharya took home Rs 28.96 lakh last fiscal, which might generally sound like a big amount but is extremely low when compared with the heads of private banks.

Jun 27, 2017

Embarrasing timing: PM Modi's '7,000 reforms in 3 years' claim came a day after Economist downvoted him as reformer

PM Narendra Modi said during his meeting with businessmen in US that his govt has done 7,000 reforms in last three years. Just a day earlier, the revered Economist termed him a fine administrator but not so a reformer.

Jun 27, 2017

GST rollout on July 1 expected to boost job market with over 1 lakh immediate openings

The GST is likely to create about 1 lakh job openings in the country, including in specialised areas such as taxation, accounting and data analysis.

Jun 26, 2017

The Hurting Locker: Trust and liability are gone with the RBI wind

Are banks saying that they don't care for lost or stolen goods from their lockers, but will still charge customers for taking the risk?

Jun 26, 2017

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Infosys admits automation related job losses hit 11,000

Indian IT-giant Infosys held its 36th Annual General Meeting on Saturday, June 24, during which it admitted that it had released 11,000 jobs due to automation.

Jun 26, 2017

Royal Bank of Scotland to cut 443 jobs in UK, plans to move many roles to India for cost-cutting

The Royal Bank of Scotland job cut will mostly affect the department that deals with loans for small businesses, and the decision was reportedly made to cut the rising costs of the company.

Jun 26, 2017

Big deal with steel: Rs 5,000-cr JV between SAIL and ArcelorMittal may be closed next month

The proposed Rs 5,000-crore joint venture seeks to construct a cold rolling mill and other downstream finishing facilities in India.

Jun 25, 2017

Unburdening: Tata Teleservices seeks to recast Rs 32,000-cr debt pile

Tata Tele has reportedly approached a lender consortium led by SBI for restructuring outstanding debt of Rs 32,000 crore.

Jun 24, 2017

Vijaya, Dena mulled as possible acquisition targets for Canara Bank

Govt likely to push proposal forward after monsoon session of Parliament is over in August.

Jun 24, 2017

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Narendra Modi's GST is a 'wasted opportunity': Economist

In its latest issue, The Economist mocked the Modi government's Goods and Services Tax (GST) reform, referring to its cumbersome compliance norms.

Jun 23, 2017

Safe money: A coating of Aadhaar for WhatsApp's UPI-enabled wallet

Aadhaar authentication will push WhatsApp's push security credentials higher than Hike, Paytm, Oxigen

Jun 23, 2017

Essar Steel, Electrosteels, Bhushan Steel face closure or sale

On Thursday, lenders led by State Bank of India decided to refer Essar Steel, Electrosteels and Bhushan Steel to the National Company Law Tribunal; the three companies together owe about Rs 1 lakh crore to banks.

Jun 23, 2017

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Search Results for: banking sector

7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

GST makes India a unified market like EU

More & more Indians are preferring plane over train: Only nostalgia won't help railways survive the challenge

Wondering how much the SBI chief earns? Here's how low the salary is

Embarrasing timing: PM Modi's '7,000 reforms in 3 years' claim came a day after Economist downvoted him as reformer

GST rollout on July 1 expected to boost job market with over 1 lakh immediate openings

The Hurting Locker: Trust and liability are gone with the RBI wind

Infosys admits automation related job losses hit 11,000

Royal Bank of Scotland to cut 443 jobs in UK, plans to move many roles to India for cost-cutting

Big deal with steel: Rs 5,000-cr JV between SAIL and ArcelorMittal may be closed next month

Unburdening: Tata Teleservices seeks to recast Rs 32,000-cr debt pile

Vijaya, Dena mulled as possible acquisition targets for Canara Bank

Narendra Modi's GST is a 'wasted opportunity': Economist

Safe money: A coating of Aadhaar for WhatsApp's UPI-enabled wallet

Essar Steel, Electrosteels, Bhushan Steel face closure or sale

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]