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India's population at 1.21 billion; Hindus 79.8%, Muslims 14.2%

India ranks 9th in Brookings financial inclusion report card

IDBI to firm up three-year business plan to raise capital

K P Kharat, the new CMD, said the NPAs will not be sold to Asset Reconstruction companies

Majority of RBI advisors advocated rate cut in August policy

One recommended the repo rate be cut by 50 basis points, while the rest suggested a 25 bps cut

Need to regulate crowdfunding, crypto currency: S S Mundra

RBI Dy Governor cites concerns about consumer protection, grievance redressal, disaster recovery and business stability plans for intermediating electronic platforms

RBI approves reappointment of Rana Kapoor as MD & CEO of YES Bank for 3 years

This is the fourth extension that Kapoor has received ever since the bank's inception in 2004

Draft IFC falls short of addressing concerns, says RBI's Khan

Any exercise to reshape the legislative architecture of financial sector should evolve organically, starting with an reassessment of where the current system has failed, he said

Freshdesk, Grofers and OYO Rooms are next unicorns

Unicorn is a term used for start-ups that has gained valuation of $1 billion (Rs 6600 crore) from investors

Maharashtra ACB registers first case in the multi-crore irrigation scam

Some official allegedly made false entries in several documents to forge the necessary clearances

Woxsen School of Business to focus on start-ups

Has already produced three start ups with one of them receiving Rs 1 crore funding

Call drops: Modi reviews progress of infra sectors

Asks officials about steps being taken to address the problem directly affecting common man

Telcos need to invest in infra to address call drops: Ravi Shankar Prasad

Also says telcos need to optimise their networks

MCX to set up international exchange in GIFT city

The exchange will provide an electronic platform for facilitating trading, clearing and settlement of securities

Patidar rally brings Ahmedabad to standstill; marred by vandalism

Agitating group gives 48 hours ultimatum to Gujarat CM to accept memorandum

Edelweiss Tokio Life gets FIPB approval for Tokio Marine to raise stake to 49%

Foreign partner will bring in up to Rs 540 cr with fresh issuance

Onion crisis: Centre may hold talks with states on Thursday

Four foreign banks apply to set up subsidiaries in India

RBI says foreign banks will also be permitted to acquire local private banks

Pledged shares face the brunt

Patidar rally youth leader Hardik Patel arrested in Ahmedabad

Patel, 22, had led a massive rally of over 5,00,000 participants from various parts of the state who turned up at GMDC ground in Ahmedabad on Tuesday

AP CM urges Centre to set up High Power Committee to resolve outstanding matters between sibling states

It may be recalled that several issues including the division of assets and state level enterprises, river waters are not yet conclusively settled between the two states