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Naming those too big to fail

SBI, ICICI named systemically important banks in India and required to maintain higher levels of capital; both rule out need for immediate fund raising

Capex boost behind higher April-July fiscal deficit

Total spending for April-July this year was Rs 6.09 lakh crore, nearly 39% of the full year target of Rs 17.77 lakh crore

Food safety regulator to hire law firms to get back into the groove

Legal firms and lawyers not involved in litigation against the FSSAI in any manner can apply for the job within a week

Jats to renew quota demand

On Sunday, Hardik sought reservation for nearly "270 million people" of various communities, including Gujjars, Kurmis and Jats

10 trade unions to go on strike from tomorrow

Railways exempt but other transport sectors, banks, insurance, post and industrial sectors to be hit

Ratan Watal designated as finance secy

Watal is a 1978 batch Indian Administrative Service (IAS) officer of the Andhra Pradesh cadre

PSBs must use market to raise risk capital: RBI official

RBI executive director N S Vishwanathan hinted that PSB's dependence on the govt should become less over period

Modi puts key man Rajiv Mehrishi in Rajnath Singh's fiefdom

Home Secretary LC Goyal's premature retirement draws parallels to the abrupt departure of former foreign secretary Sujatha Singh earlier this year

BofA-ML cuts oil price forecast to $55-70 per barrel

Calls for delinking upstream burden from subsidies

Highway developers can get Rs 4,000 cr more via easy exit option: India Ratings

Says companies can deploy these funds for other projects or to retire debt

July core sector growth slows to 1.1%

Contraction in coal and steel production that hints at a weak industrial recovery

Ashwani Lohani is new Air India chief

After over a decade, Air India will be headed by someone outside the Indian Administrative Service

Govt urges S&P for ratings upgrade

Top officials explain to S&P what they've done and intend to do for pushing growth and bringing fiscal problems more under control

Petrol price cut by Rs 2/ltr; diesel by Rs 0.50

This is the third reduction this month owing to the fall in global oil rates

Rupee fell 3.6% in August

This was the second worst fall for the rupee and the last one was recorded in August 2013

Three brokerages reduce indices' targets, two bullish

Earnings weakness and global turmoil primary reasons for cautious outlook

Indian markets see steepest monthly drop since Nov 2011

Banks collect Rs 500 cr under PMJDY in Odisha

The latest SLBC report claims to have achieved 100% saturation in all the 30 districts of the state

MSME loans cross Rs 20k cr

PSU banks have lent Rs 16,360 crore while their private sector counterparts have advanced Rs 2,565 crore credit as on June 2015

Karnataka to allow CBI to probe Kalburgi killing

Kalburgi, a rationalist and former vice chancellor of Kannada University, was shot dead at his home by an unidentified gunman