Exclusive

Publication

Byline

India flags critical minerals supply as key area for deeper energy cooperation with Uzbekistan

New Delhi, June 20 -- India has identified critical minerals supply as an important area for advancing energy cooperation with Uzbekistan, saying the country's rapidly expanding digital economy-includ... Read More


In a first, India's Vivek Aggarwal named vice-president of Paris-based FATF

New Delhi, June 19 -- India has for the first time secured the vice-presidency of the Paris-based Financial Action Task Force (FATF), the global watchdog against money laundering and terror financing,... Read More


Development finance should be used strategically to improve governance, service delivery in Northeast: FM Sitharaman

New Delhi, June 19 -- Union finance minister Nirmala Sitharaman on Friday urged northeastern states to view multilateral and bilateral development finance not merely as a source of funding but as a to... Read More


Centre to raise Rs.13,000 cr via OFS in three state-run banks

New Delhi, June 19 -- The Centre plans to raise around Rs.13,000 crore through a 8-10% coordinated offer for sale (OFS) in Punjab & Sind Bank, UCO Bank and Indian Overseas Bank (IOB) to meet the minim... Read More


Centre plans HR overhaul at PSU banks to boost transparency, work culture

New Delhi, June 19 -- Resentment over opaque and often arbitrary transfer and promotion policies has long been a simmering issue at India's public sector banks (PSBs), with employees frequently raisin... Read More


Centre to raise Rs.13,000 crore through OFS in three state-run banks

New Delhi, June 19 -- The Centre plans to raise around Rs.13,000 crore through a 8-10% coordinated Offer for Sale (OFS) in Punjab & Sind Bank, UCO Bank and Indian Overseas Bank (IOB) to meet the minim... Read More


India secures steel market access under UK FTA; exporters to avail benefits from 15 July

New Delhi, June 18 -- India has secured safeguards for its steel exports under the India-UK free trade agreement (FTA) and remains confident that exporters will not lose market access despite the UK's... Read More


High-level panel on banking reforms may recommend five state-run banks, to be headed by former DFS secretary M. Nagaraju

New Delhi, June 18 -- The Union finance ministry may ask a new banking reforms committee to consider proposals to merge 12 state-run lenders into five and raise their foreign investment cap to 49%, th... Read More


India is said to weigh another mega merger, hike in FDI limit for public sector banks

New Delhi, June 18 -- The Union finance ministry may ask a new banking reforms committee to consider proposals to merge 12 state-run lenders into five and raise their foreign investment cap to 49%, th... Read More


Panel to set stage for bank mergers

New Delhi, June 18 -- The finance ministry may ask a new banking reforms committee to consider proposals to merge 12 state-run lenders into five and raise their foreign investment cap to 49%, three pe... Read More