Narendra Modi’s magic has paled in the first 100 days: TMC
Trinamool Congress on Tuesday claimed that ‘Modi magic’ has gone pale in the 100 days of BJP-led NDA being in power at the Centre and asserted that people have reposed their faith in Mamata Banerjee in West Bengal. “This (Modi) magic has turned pale in India in its 100 days of... read more »
Interest rates to soften by year end: bank of baroda
Public sector lender Bank of Baroda is not looking to cut deposit rates anytime soon. After India’s largest public sector lender State Bank of India cut deposit rates on Tuesday, there are expectations that others may follow suit. In an interview to CNBC-TV18, Ranjan Dhawan, ED, Bank of... read more »
Oil cos hold 35 paisa cut in diesel, 55 p hike in petrol
Diesel prices, for the first time in over 5 years, should have been cut by 35 paisa on falling global rates but oil companies have decided to hold on to the rates pending a government decision on deregulation. Under-recovery or the difference between retail price and its imported cost on diesel was... read more »
RBI cautions banks against jan dhan accounts replication
The Reserve Bank of India (RBI) on Monday cautioned banks against duplication of bank accounts in their quest to achieve high targets under the newly launched pradhan mantri jan dhan yojana. “When we roll out the scheme, we have to make sure it does not go off the track. The target is... read more »
