Industry

bg
SBI raises  <span class='webrupee'>₹</span>9,718 cr in second tranche of infrastructure bonds

SBI raises <span class='webrupee'>₹</span>9,718 cr in second...

The fund proceeds will be utilised for enhancing long-term resources for funding...

bg
Nestle Health Science expands India portfolio

Nestle Health Science expands India portfolio

Nestlé India has launched ThickenUp Clear, a food and beverage thickener that can...

bg
US mortgage rates retreat to 6.23%, lowest in four months

US mortgage rates retreat to 6.23%, lowest in four months

The contract rate on a 30-year fixed mortgage decreased 19 basis points to 6.23%...

bg
Govt sets India's coal production target at more than 1 billion tonnes for FY24

Govt sets India's coal production target at more than 1...

The government on Wednesday said that it has set a coal production target of more...

bg
India sets coal production target of 1 billion tonne for FY24

India sets coal production target of 1 billion tonne for...

It is decided to fix 780-million-tonne production target for Coal India Ltd., 75...

bg
Canara Bank hikes FD interest rates; senior citizens to get 7.75%

Canara Bank hikes FD interest rates; senior citizens to...

The new rates are effective as of 18 January 2023.

bg
The problem at Goldman Sachs isn’t what you think

The problem at Goldman Sachs isn’t what you think

Bank’s transformation in asset management needs to pick up pace

bg
Big banks might face breakup, top regulator says

Big banks might face breakup, top regulator says

Acting Comptroller of the Currency says size and complexity can make banks too big...

bg
Samsung spars with India over $110 million production incentives

Samsung spars with India over $110 million production incentives

The smartphone giant’s India unit is seeking just under 9 billion rupees ($110 million)...

bg
India IT spending to reach $110.3 bn in 2023 amid global slowdown: Gartner

India IT spending to reach $110.3 bn in 2023 amid global...

Gartner said that while inflation continues to erode consumer purchasing power and...

bg
‘A 500-million opportunity awaits digital banks’

‘A 500-million opportunity awaits digital banks’

I think the banking industry is what the soap industry was in the 1970s, when Lifebuoy...

bg
Gencos may get to sell power on exchanges till inking PPAs

Gencos may get to sell power on exchanges till inking PPAs

Recently, the power ministry also mandated 6% blending of imported coal till September...

bg
‘Make financial products relevant to rural customers’

‘Make financial products relevant to rural customers’

Panellists said that there is a lot of headroom to grow in the rural markets as...

bg
The battle to retain banking talent in a post-pandemic world

The battle to retain banking talent in a post-pandemic...

Much of the banking industry’s workforce has returned to offices, but lenders are...

bg
Responsible innovation, clear regulatory roadmap top priorities

Responsible innovation, clear regulatory roadmap top priorities

According to G. Padmanabhan, former executive director, RBI, the special challenge...

bg
UPI for NRIs: What it means for India and Indians abroad

UPI for NRIs: What it means for India and Indians abroad

NPCI has been attempting to make UPI a global phenomenon and the idea to tap NRIs...

bg
Credit growth healthy but current pace unviable, say bank CEOs

Credit growth healthy but current pace unviable, say bank...

Bankers said credit growth is typically seen as robust when it is about 1.2-1.3...

bg
It’s a golden period for banks: Kamath

It’s a golden period for banks: Kamath

NaBFID chairman K.V. Kamath said the growth rates of Indian lenders will mimic the...

bg
NHPC submits feasibility report for 11 GW hydro power project in Arunachal Pradesh

NHPC submits feasibility report for 11 GW hydro power project...

The project that is central to counter China’s ambitious water diversion scheme...

bg
First G20 infrastructure working group meeting concludes

First G20 infrastructure working group meeting concludes

The meeting was attended by 64 delegates from 18 member countries, 8 guest countries...

bg
Bank of Maharashtra hikes FD rates, now offers up to 7% on 200 days of tenor

Bank of Maharashtra hikes FD rates, now offers up to 7%...

Bank of Maharashtra (BoM) on Tuesday announced a hike of interest rates on fixed...

bg
Disney+ Hotstar announces new show ‘The Night Manager’

Disney+ Hotstar announces new show ‘The Night Manager’

The Night Manager will star Anil Kapoor, Aditya Roy Kapur along with Sobhita Dhulipala,...

bg
Marvel’s new film ‘Ant-Man and the Wasp’ to release on 17 February

Marvel’s new film ‘Ant-Man and the Wasp’ to release on...

American films that are increasingly finding an audience in small towns are driving...

bg
Centre cuts windfall tax on crude oil to  <span class='webrupee'>₹</span>1,900 per tonne

Centre cuts windfall tax on crude oil to <span class='webrupee'>₹</span>1,900...

Centre has also reduced additional excise duty on the export of aviation turbine...