News Digest

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The chiefs of PSBs discussed issues faced in taking bad loan cases to NCLT along with ways to boost credit, particularly for MSME

Jaitley said there would be no shortfall this year in disinvestment and non-tax revenues

The hip implants manufactured by J&J's wholly-owned subsidiary DePuy International were found to be faulty

They discussed liquidity in the system, credit growth, financial support to micro, MSMEs, and the state of finance companies

Shaktikanta Das replaced Urjit Patel, who abruptly resigned on Monday after a long-drawn feud with the government over issues related to governance and the autonomy of the central bank

Das is expected to move to the Mint Road corner room, vacated by Urjit Patel after his sudden exit as RBI governor

The 24th RBI governor resigned nine months before his term was to end

The AILAC group comprises Chile, Columbia, Costa Rica, Guatemala, Honduras, Panama, Paraguay and Peru

Sebi panel has also proposed measures to encourage global companies to list in India.

Listed companies are becoming less important for the I-T department with each passing year

From Amazon's gross sales to RBI governor Urjit Patel, BS brings you top stories to keep up with the latest news

As per sources, the RBI may be willing to bring some PSBs out of PCA but is unlikely to accept the government's demand on NBFCs

The development comes days after Flipkart co-founder Binny Bansal stepped down as chairman and group CEO following an allegation of "serious personal misconduct" against him

Exports bounced back in October to high double-digit figures after a mild contraction in Sept

The interim Budget is expected to be presented on February 1, 2019

Bansal will, however, continue to hold his stake in Flipkart, which stands at around 5 per cent. He would also remain on the company's board

In the general elections next year, Twitter is likely to be the biggest campaign manager for political parties

Polling for much-anticipated elections to five state legislatures is scheduled to kick-start on Monday, with the electorate in 18 of Chhattisgarh's 90 seats scheduled to vote

Demonetisation and GST are the two major headwinds that held back India's economic growth last year, says ex Governor Raghuram Rajan