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Private banks wrest market share from PSBs

Govt banks' share in total profit also declined to 48% in FY15 from 52% in FY14

Auto component exports touch an all-time high of $11.2 bn in FY15

Growth helped by growing demand from markets like US, Turkey and Italy

Apr-May fiscal deficit at 37.5% of FY16 BE

On a year-on-year basis, the deficit was narrower due to higher non-tax revenue and lower non-Plan expenditure

Core sector growth rises to 4.4% in May

Economists caution that it could be a blip, May IIP likely to be 'healthy'

IndiGo files documents for Rs 2,500-cr IPO

To raise Rs 1,272 cr via the offer, offload 30 mn shares valued at Rs 1,272 cr

Axis Bank launches non-callable deposits

This comes two months after the RBI came out with the norms allowing banks to offer differential rates on fixed deposits

Sangh affiliate Swadeshi Manch, CPI's Kisan Sabha slam land Bill

Swadeshi Jagran Manch asked the Centre to come out with a comprehensive land use policy instead of a piecemeal approach to the issue

In a rarity, PGCIL pulls out of bidding

HGS to buy part of Mphasis' domestic BPO

The acquisition is also expected to strengthen its offerings in the telecom, and banking and financial services space

Coordinated efforts needed to spread financial inclusion: S S Mundra

The RBI deputy governor stresses on strong co-relation between financial inclusion, financial literacy and consumer protection to ensure stability of financial system

After Pankaja, Vinod Tawde of BJP under lens for fire extinguisher scam

Maharashtra FM says file was not approved, claims conspiracy to defame the government

Blackstone proposes to invest Rs 4,500 cr in Maharashtra

An investment of R 1,200 cr proposed in IT park at Hinjewadi in Pune

ECBs, NRI deposits push external debt

The country's total external debt rose 6.6% to $475.8 billion during 2014-15 from $446.3 billion in 2013-14

Times Network targets premium space in English movie channels with MN+

Will showcase popular and critically acclaimed titles, in HD quality

Madras HC grants anticipatory bail to Dayanidhi Maran

Maran to appear before the CBI in Delhi tomorrow

SBI plays down reports of Bharatiya Mahila Bank merger

SBI chairman Arundhati Bhattacharya says she does not know the basis of reports

'20.8 mn households have differently abled persons'

In absolute terms, there are 4.7 million more people as differently abled, compared to 21.9 million in 2001

Cabinet to discuss Rs 50,000-cr irrigation plan, agri market

The idea is to provide irrigation to every village

Bypolls: Jaya wins, BJP and not Congress runner up in Tripura

BJP fails to consolidate upon gains it made in Thiruvananthapuram in 2014 Lok Sabha elections

Petrol price cut by 31 paisa per liter; diesel price slashed 71 paisa

Petrol will be sold at Rs 66.62 per liter in Delhi while Diesel will be priced at Rs 50.22 per liter