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News 'Financial stability a challenge for RBI'

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Mumbai: India's rapid integration with the rest of the world could pose complex challenges to its financial stability and the country would increasingly be exposed to the forces of globalMore »

News WB approves $75 mn credit to Sri Lanka

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Washington: The World Bank announced to approve a USD 75 million International Development Association credit to Sri Lanka.

This will support the second phase of a commuMore »

News Asia wealth players grow as crisis crimps rivals

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Singapore: Asia-Pacific banks are stepping up hiring private bankers and seeking acquisitions to grab market share in an industry so far dominated by foreign players such as UBS and CitigroupMore »

News No 'black money' statistics exist: Swiss banks

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New Delhi: Amid claims from various quarters that Indians have stashed away thousands of crores in secret bank accounts in Switzerland, the Swiss banks have asserted that any statistics aboutMore »

News Hughes bags Rs 22.5 cr order from SBI

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New Delhi: Networking solutions provider Hughes Communications said it has received a five-year contract worth Rs 22.5 crore from public sector lender the State Bank of India for deploying saMore »

News Yes Bank to raise $250 mn this fiscal

New Delhi: Yes Bank said it would raise USD 250 million in the current fiscal by private placement of shares and through bonds issue.

As part of its fund raising plans, French financial institution PropMore »

News Oil climbs above $72 as US dollar slumps

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Oil prices rose above $72 a barrel on Thursday in Asia amid a slumping US dollar and steady OPEC production levels.

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News Doing business still not easy in India

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NEW DELHI: India remained consistent in carrying out economic reforms but slipped a notch to 133rd rank among 188 countries in the ease of doing

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News Jet extends olive branch, open for talks with pilots

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Jet Airways on Wednesday said its doors were open for talks with the agitating pilots who continued to stay away from duty crippling the airline's services for the second day. More »

News Macquarie Bank sells shares of HDIL worth Rs 22 cr

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Australia's Macquarie Bank has sold shares of Housing Development & Infrastructure totalling Rs 22.28 crore, through an open market transaction.

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