In its third rate cut this fiscal (20 bps in April and 10 bps in June), Axis Bank cut its base rate to 9.50 per cent from 9.85 per cent. “The new rate will be with effect from October 5, 2015″.
Silicon Valley tech leaders rolled out the red carpet for Indian Prime Minister Narendra Modi this weekend, the latest sign of how US tech titans are increasingly keen on strengthening ties and establishing footholds in key worldwide markets.
Concerns about how to reduce inequality loom large. When they do, impressive progress can be achieved. Businesses have enormous power, resources and knowledge to assist.
Union Finance Minister Arun Jaitley on Monday addressed the 68th Annual General Meeting of Indian Banks’ Association and cited the dire need of providing autonomy for banks. “Of course, they will be carrying-out the developmental agenda of the Government, but their...
Jaitely said the government has also professionalised the recruitments of top positions in the banks. The combined debt of discoms is estimated to be more than Rs 3 lakh crores leading to acute financial stress in the banking sector. “It is becoming more systematic”,...
While in India, he observed the connections people made and realized if people had a better way to connect and communicate, the world would be a better place. Noting that India is a “heaven” for investors, he said, “I do not believe that there is dearth of...
Indian Prime Minister Narendra Modi is in Silicon Valley, and he sat down with Mark Zuckerberg on Sunday. “My dream is to become a $20 trillion economy“.
The main concept of the presentation is about what would be the opportunities for India United States collaboration are and what plans they have for India.
The services sector added the lion’s share of positions with 178,000 new jobs. The government will release the July figures on Friday. Intuit, creator of QuickBooks and similar software suites, released their report, which aligned with ADP’s but added that businesses...