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First step in PSU bank merger drill

The finance ministry is looking at the possibility of merging at least five state-run banks - from Andhra Bank, Bank of Maharashtra, Dena Bank, Punjab & Sind Bank, Vijaya Bank, and United Bank...   | Read..

Mallya rejects USL quit call

United Spirits Ltd (USL) chairman Vijay Mallya today said he would continue to hold the post in spite of being asked to quit by the company's board.   | Read..

Exporters seek sops to beat global trade blues

Exporters have sought sops from the government with shipments seen to dip below $300 billion in the current fiscal amid estimates of global trade contracting to 3.3 per...   | Read..

Car premium rates irk insurers

The regulator-mandated hike in third-party cover for cars is inadequate, general insurers have said as they fret over rising claims and higher losses.   | Read..

Panel to sort out tax tiffs

Seeking to contain the adverse fallout of the MAT levy on foreign investors, finance minister Arun Jaitley today said the government would set up a high-level committee to...   | Read..

Tata picks up stake in Xiaomi

Ratan Tata, chairman emeritus of Tata Sons, has acquired a minority stake in Chinese smartphone maker Xiaomi.   | Read..

Tea plan to win over youth

The Indian Tea Association (ITA) has started a campaign, called Chai Ho Jaye, to popularise the beverage among the youth.   | Read..

Safety drill

Life insurance companies offer myriad products with different features for sum assured, premium and tenure. At the end of the tenure, or in the case of any eventuality, the...   | Read..

Q & A

Can I get income tax relief under section 80C of the income tax act for investments made under the Senior Citizen Savings Scheme?   | Read..
First step in PSU bank merger drill

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