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Discounts fail to boost car sales in December

Maruti and Hyundai see marginal rise in demand for entry-level hatchbacks

RBI chief has no Hamletian dilemma

Says year will see various initiatives taken forward; wants more innovative thinking from staff

PNB, Union Bank revise FCNR(B) deposit rates

The revised rate in dollar deposits for two years to less than three years is up 11 bps

BJP knocks EC door against Himachal CM

Last week, Arun Jaitley alleged that Himachal CM had got monetary compensation from Chandresekhar

Insurance density, penetration show decline

Irda Annual Report says India's insurance penetration is 3.96 % of GDP

RBI eases provisioning norms on loans for low-income housing

Micro Finance companies to benefit from RBI move

RBI grants new status for CCIL

CCIL is authorised and supervised by RBI under Payment and Settlement Systems Act, 2007

Canara Bank raises Rs 500 crore

The shares had a face value of Rs 10 each with a premium of Rs 273.84 per share

South and north power grids linked

Synchrony of power transmission lines refers to their ability to withstand sudden and large variations in power flow

Trai says bids to curb pesky calls, SMSs successful

Trai had asked banks and financial institutions to check unsolicited calls and SMSes

Centre urges Odisha to ask PSUs to buy 20% procurement from SMEs

Coal ministry notice on Bankhui coal block

Block linked to second UMPP in Odisha

BJP opposes induction of DKS, Baig into K'taka cabinet

HRD ministry says files relating to Subhash Yadav's appointment lost

His candidature was questioned last year, when ministry removed Yogender Yadav as he had joined Aam Aadmi Party

Govt to augment core equity of banks, issue might come up in Cabinet today

Move to convert govt's preference shares in Indian Bank, UCO Bank and Vijaya Bank into equity may be taken up at Cabinet tomorrow

Tangedco staff gets salary hike from TN government

Tamil Nadu chief minister announces salary hike ranging from Rs 700-13,160

Telangana leaders unhappy with portfolio rejig

Move comes just when Assembly reconvenes to debate the draft AP Reorganisation Bill

Banks' FDs back on fund managers' radar

Fixed income fund managers pumped in 70% more in FDs during Jan-Nov period

Punjab audit advisory board discusses plan for FY15

The board meet aims at enhancing effectiveness of the audit through discussions between the senior management of audit offices and industry professionals

Commercial, residential NPA properties worth Rs 7,700 crore up for sale

As per the data collated by NPASource.com, there are around 2,200 units in the commercial category and nearly 11,000 units in the residential segment