August 17, 2015 14:25 IST
The plan to hire laterally at the mid-level is partly fueled by the government’s wish to professionalise state run lenders and improve their efficiency.
Mon, Aug 17, 2015August 17, 2015 02:58 IST
The government had last week roped in private sector professionals to run two of its largest banks — Bank of Baroda and Canara Bank.
Mon, Aug 17, 2015August 17, 2015 02:51 IST
Accordingly, the Centre is talking to state governments to ask them to take steps to improve the economic health of discoms, including giving them funds.
Mon, Aug 17, 2015August 14, 2015 01:58 IST
Efforts are on to expand credit history coverage to include payments of mobile, insurance and utility services bills that can be used for background checks.
Fri, Aug 14, 2015August 14, 2015 01:35 IST
The revised bilateral investment treaty seeks to exclude taxation steps, commercial contracts between domestic and foreign firms from arbitration but is likely to have many changes to make it more investor-friendly.
Fri, Aug 14, 2015August 12, 2015 18:49 IST
Retail inflation has halved over the 19 months from double digit levels, giving the RBI scope to ease policy rates to help boost growth.
Wed, Aug 12, 2015August 11, 2015 02:13 IST
The $ 100 billion NDB is promoted by BRICS nations —Brazil, Russia, India, China, and South Africa for investments in infrastructure in the five nation bloc.
Tue, Aug 11, 2015August 11, 2015 01:50 IST
The Centre and the RBI are working on the contours of the MPC that would be responsible for deciding on policy rates required to keep inflation under control.
Tue, Aug 11, 2015August 08, 2015 00:00 IST
Will also work towards rationalising the number of state-level and Centrally-funded schemes.
Sat, Aug 08, 2015August 06, 2015 03:17 IST
Nishimoto who is on her first trip to India, said that the proposed amendments to the Child Labour Act need to be debated more.
Thu, Aug 06, 2015August 05, 2015 04:34 IST
Sources said official delegations from the two countries have met recently to discuss the totalisation pact that would allow citizens from the two countries to repatriate their social security savings when they return to their home country.
Wed, Aug 05, 2015August 04, 2015 01:16 IST
For 2015-16, the Centre has a more relaxed fiscal deficit target of Rs 5,55,649 crore or 3.9 per cent of the GDP.
Tue, Aug 04, 2015July 31, 2015 03:56 IST
The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.
Fri, Jul 31, 2015July 31, 2015 01:07 IST
According to the proposal, foreign legal firms would be allowed to be invest in a partnership firm or a proprietary concern.
Fri, Jul 31, 2015July 29, 2015 02:07 IST
The Union Budget has set a target of Rs 69,500 crore from disinvestment in public sector unit this fiscal.
Wed, Jul 29, 2015July 28, 2015 01:36 IST
The revised IFC proposes to do away with the veto power enjoyed by RBI Governor on policy rates, instead suggesting a decision by a majority vote.
Tue, Jul 28, 2015July 25, 2015 03:43 IST
Prime Minister Narendra Modi had launched the two insurance schemes along with the Atal Pension Yojana on May 9 this year to improve social security and insurance coverage in the country.
Sat, Jul 25, 2015July 24, 2015 03:48 IST
Campaign for opening up of demat accounts likely to be undertaken
Fri, Jul 24, 2015July 23, 2015 00:00 IST
EPFO also plans to raise the age for withdrawal of up to 90 per cent of the accumulation from the current limit of 54 years to 57 years
Thu, Jul 23, 2015July 22, 2015 01:57 IST
Government to subsidise premium for those below poverty line by up to 90% through cash transfers.
Wed, Jul 22, 2015July 21, 2015 03:33 IST
The finance ministry is hopeful that capital spending will witness a significant rise in the current quarter as more projects get approved and Budget announcements are implemented.
Tue, Jul 21, 2015July 21, 2015 00:00 IST
Talking about different interest groups, Modi said that there was a thin line dividing the interest of industry and industrialists, government and nation, and labour and labour organisations.
Tue, Jul 21, 2015July 18, 2015 01:22 IST
The facility built on the lines of a similar service provided by the UK government aims to create a direct market place for workers and employers.
Sat, Jul 18, 2015July 18, 2015 01:13 IST
Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, amendments to the Factories Act, 1948 are pending with Parliament.
Sat, Jul 18, 2015July 17, 2015 01:58 IST
The $100 billion NDB is promoted by Brazil, Russia, India, China, and South Africa for investments in infrastructure in the five nation bloc.
Fri, Jul 17, 2015