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Finance

India’s tax rates will be reasonable, says Jaitley

In an indication that the government may attempt to lower income tax rates or revise slabs to raise tax exemption limits in next year’s...

ICICI Bank to add 400 branches, 1,000 ATMs this fiscal

Country's second-largest lender ICICI Bank will add 400 more branches and expand its ATM network by another 1,000 in the current fiscal to boost...

India, Cyprus ‘Successfully’ Complete Tax Treaty Negotiations

Cyprus and India have signed a Convention on the Avoidance of Double Taxation and the prevention of fiscal evasion with respect to taxes on...

Vedanta generates Rs 11,000 Cr free cash flow, reduces net debt

Panaji: Amid falling prices of commodities, Vedanta Ltd generated a free cash flow of over Rs 11,000 crore in the last fiscal, which reduced...

Axis Bank launches ‘Thought Factory’

First bank in India to introduce a dedicated innovation lab, ‘Thought Factory’ at Bangalore to constantly innovate and introduce breakthrough solutions for the banking...

Standard Chartered Rolls out ‘Touch ID’, a Fingerprint Verification System

Standard Chartered Bank today unveiled its ‘Touch ID’ innovation on its mobile banking platform, ‘SC Mobile’. This feature is designed to enhance the user experience...

Axis Bank forays into urban microfinance segment

Axis Bank has ventured into urban microfinance sector, starting with Pune city, under its existing Axis Sahyog initiative. India's third biggest private lender will...

MFs invest Rs 76,000 cr in debt market in April-June

Mutual fund managers pumped in nearly Rs 43,000 crore into the debt market since the beginning of June, taking the total to around Rs...

ICICI Lombard LTTW Crosses 500,000 Policy Mark in the First Year

Garners Rs. 100 crore premium milestone within 9 months of launch, Rs. 166 crore as on date. Product slated to address non-insurance issue...

Maha govt seeks $600 mn loan from World Bank

Kolhapur: (PTI) Maharashtra government has senta proposal to the World Bank seeking a loan of USD 600 millionfor a water conservation project to be...

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