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Moody's affirms ratings for Axis, ICICI and HDFC Bank

Says strong profitability, capital buffers will help the banks sustain credit quality

Situation regarding potatoes is a result of mismanagement: Sinha

Says the state and central governments are to blame for the situation

Police notice in NSEL scam to attach ARK firms' properties

EOW officer said it had prepared a list of 20-25 properties for attachment

State models not ideal for national development: Yashwant Sinha

Many issues like banking, markets are not dealt by the states: Yashwant Sinha

FinMin shortlists EDs for top job in six govt banks

Ashwini Kumar may move to BoB; Six EDs identified to fill up vacancies in FY15

Focus on small private banks after M&A rules

RBI allowed foreign banks to acquire domestic private lenders

Phailin, rains cut monthly cargo traffic at Paradip by 9% in Oct

Gridco to avail Rs 500-cr loan from OMC

Gridco would repay the loan over a period of seven years at an interest rate of 10%

Odisha to raise contingency fund corpus to Rs 1,900 cr

This is being done to meet expenditure for relief and restoration work in areas hit by cyclone Phailin

State growth models not ideal for national implementation: Sinha

Former finance minister says Centre has to tackle many issues which state governments do not deal with

Prince Charles to celebrate 65th birthday in Kochi

The authorities are yet to disclose the details of the celebrations planned for the day for security reasons

NIRD to showcase rural techs at six-day mela from Nov 8

NIRD through this exhibition aims to encourage greater interaction, fuel innovation among rural folks

SBT net down 24% in H1

Total business moved to Rs 1,58,832 crore, up 19.28 per cent, from Rs 1,33,162 crore last year

United India Insurance absorbs Rs 900 cr loss on U'khand floods

The company has reported a premium of Rs 4,768 crore for the half year ended September 30, 2013

APCost mulls 20-acre Science City in Hyderabad

Seeks funding from Innovation Norway for $50-mn Centre for Creativity

BJP makes promises, Congress delivers: Sonia Gandhi

Says Chhattisgarh recorded a rise in poverty levels due to misgovernance of the BJP govt

M&A proposals fail to cheer telcos

Earlier, operators were given spectrum up to 4.4 MHz in GSM bundeld with the licence and this is known as an administered price

Net direct tax collections up 13% in Apr-Oct

This is lower than the projected growth of 19% in direct tax collections this year

Telecom Commission favours raising spectrum auction reserve price

Adds 18% to Trai-suggested rate for 1,800-MHz band, 25% to that for 900-MHz