Commonwealth hails Modi for supporting vulnerable nations

Commonwealth hails Modi for supporting vulnerable nations

🕔09:48, 15.Sep 2020

New Delhi, Sep 15  Commonwealth Secretary-General Patricia Scotland has hailed India’s leadership in supporting vulnerable nations in the Commonwealth, describing it as an “area of hope” for all member countries. At a virtual ceremony on Monday, marking the third anniversary

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New banking bill gives RBI powers to restructure co-op banks

New banking bill gives RBI powers to restructure co-op banks

🕔07:24, 15.Sep 2020

New Delhi, Sep 15  The new Banking Regulation (Amendment) Bill, 2020, introduced by the government on the first day of the Parliament’s Monsoon Session, provides the Reserve Bank of India (RBI) powers to restructure cooperative banks. The Bill was introduced

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Tata Steel inks deal to pay annual bonus to employees

Tata Steel inks deal to pay annual bonus to employees

🕔07:22, 15.Sep 2020

Kolkata, Sep 15  The Tata Steel management and Tata Workers’ Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20. To honour its three-year commitment to ensure complete

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SBI General Insurance, YES Bank sign corporate agency agreement

SBI General Insurance, YES Bank sign corporate agency agreement

🕔07:19, 15.Sep 2020

New Delhi, Sep 15  General insurer SBI General and private sector bank YES Bank have signed a Corporate Agency Agreement for the distribution of retail products of the insurance company for the bank’s corporate and retail customers. The products of

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Centre, States agree not to revise GST rates during pandemic

Centre, States agree not to revise GST rates during pandemic

🕔07:17, 15.Sep 2020

New Delhi, Sep 15  GST rates in the country are unlikely to witness any change during the pandemic as the Centre and states have agreed not to disturb the indirect tax structure in wake of the current economic situation where

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Encounter starts in South Kashmir’s Pulwama district

Encounter starts in South Kashmir’s Pulwama district

🕔07:16, 15.Sep 2020

Srinagar, Sep 15  An encounter has started between terrorists and security forces at Marwal in South Kashmir’s Pulwama district on Tuesday, officials said. The firefight between terrorists and security forces took place after a joint team of the police and

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Modi to launch 7 more projects in poll-bound Bihar

Modi to launch 7 more projects in poll-bound Bihar

🕔07:15, 15.Sep 2020

New Delhi, Sep 15  Prime Minister Narendra Modi will inaugurate/lay the foundation stone of seven more projects, to the tune of Rs 541 crore, in Bihar on Tuesday. According to an official release, Modi will inaugurate and lay the foundation

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Govt expands discom liquidity window to cover dues to June end

Govt expands discom liquidity window to cover dues to June end

🕔07:14, 15.Sep 2020

New Delhi, Sep 15  The government’s Rs 90,000 crore liquidity window for discoms to help them clear their dues towards power producers is being enhanced to Rs 1.2 lakh crore to cover the heightened stress due to the coronavirus lockdown.

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Complete automation of NPA recognition by June 30, 2021: RBI

Complete automation of NPA recognition by June 30, 2021: RBI

🕔07:13, 15.Sep 2020

Mumbai, Sep 15  The Reserve Bank of India (RBI) on Monday directed banks to complete the automation of bad loan recognition and asset classification by June 30, 2021. In a notification, the RBI said that the processes for NPA identification,

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