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SBI Q4 net down 66 percent on bad loans

SBI Q4 net down 66 percent on bad loans

28 May 2016

Kolkata: Weighed down by bad loans, top lender SBI saw 66.2 percent plunge in net profit to Rs 1,264 crore as it more than doubled the provision for stressed assets in the fourth quarter of last fiscal ended March 31.

SBI,   state bank of india,   SBI shares,   SBI profits,   bad loan,   business news,  
US hopes Pakistan understands India's use of civil nuclear energy

US hopes Pakistan understands India's use of civil nuclear energy

28 May 2016

Washington: With the Nuclear Suppliers Group (NSG) set to have a meeting in June, the US said that it hopes Pakistan understands India's use of peaceful civil nuclear energy.

US,   Pakistan,   India,   civil nuclear energy,   India Pak relations,   nuclear energy,   World news,  
Italian Marine case:SC allows Italian Marine Salvatore Girone to go to Italy, imposes fresh <strong>conditions</strong>

Italian Marine case:SC allows Italian Marine Salvatore Girone to go to Italy, imposes fresh conditions

26 May 2016

New Delhi: The Supreme Court today relaxed the bail conditions of Salvatore Girone, one of the two Italian marines accused of killing two fishermen off Kerala coast in 2012, and allowed him to go to his country till an International Arbitral Tribunal decides the jurisdictional issue between India and Italy.

Italian Marines Case,   kerala fishermen killing case,   Salvatore Girone,   Italian Marines,   Kerala fishermen killing,   Massimiliano Latorre,   Enrica Lexie,   Enrica Lexie Case,   Supreme Court,   India,   Italy,   Latest Nation News ,  
AMRUT scheme: Government approves over Rs 5,530 crore for infrastructure boost across six states

AMRUT scheme: Government approves over Rs 5,530 crore for infrastructure boost across six states

27 May 2016

New Delhi: The Centre has approved an investment of over Rs 5,530 crore for providing basic infrastructure in over 110 cities across six states under AMRUT scheme for the current fiscal.

AMRUT scheme,   infrastructure,   infra facilities in India,   infrastructure investment,   AMRUT scheme in India,   business news,  
Maruti Suzuki recalls over 77k Balenos, DZires to fix airbag, filter

Maruti Suzuki recalls over 77k Balenos, DZires to fix airbag, filter

27 May 2016

New Delhi: Maruti Suzuki India is recalling 75,419 units of its premium hatchback Baleno to fix faulty airbag component and fuel filter.

Maruti Suzuki India,   Maruti Suzuki,   Maruti Suzuki Units,   Maruti Suzuki Airbag,   Maruti Suzuki Fuel Filter,   Baleno Airbag,   DZires Airbag,   Latest Business News ,  
Prasar Bharti entitled to receive live feed clean of advertisements: Supreme Court

Prasar Bharti entitled to receive live feed clean of advertisements: Supreme Court

28 May 2016

New Delhi: In a jolt to Star Sports India Private Ltd, the Supreme Court yesterday rejected its appeal challenging the Delhi High Court verdict asking it to share clean live feed without any commercial with public broadcaster Prasar Bharati or share revenue if signals have advertisements.

Prasar Bharti,   Cricket live feed,   SC on live feed,   Star Sports India,   Latest sports news,  
Government gives nod to capital goods policy

Government gives nod to capital goods policy

26 May 2016

New Delhi: India Inc yesterday welcomed the government's approval to the country's first-ever policy for the capital goods sector, terming it is the "need of the hour" and said the thrust on demand creation, technology depth and exports will help address the challenges faced by the sector.

capital goods,   capital goods policy,   India Inc,   business news,  
Good policy essential to India's stability, says Raghuram Rajan

Good policy essential to India's stability, says Raghuram Rajan

26 May 2016

Mumbai: Terming a sharp slowdown in China as a 'significant risk' for global economy and the SAARC region in particular, Governor Raghuram Rajan today said RBI has been moderating any extreme currency volatility through its intervention.

Raghuram Rajan,   RBI governor,   reserve bank of india,   RBI,   Indian economy,   business news,  
Gold cracks below 29,000 mark; hits over 3-month low on global cues

Gold cracks below 29,000 mark; hits over 3-month low on global cues

27 May 2016

New Delhi: Gold prices today crashed Rs 355 to break below the Rs 29,000 mark at Rs 28,870 per 10 grams – an over 3-month low - in line with a weak trend overseas amid sluggish demand from jewellers at the domestic spot market.

gold,   gold price,   silver,   silver price,   global demand of gold,   global cue,   business news,  
RBI says one-third of ATMS non-functional; warns of penal action

RBI says one-third of ATMS non-functional; warns of penal action

25 May 2016

Mumbai: Reserve Bank deputy governor S S Mundra has raised concerns over one-third of ATMs being non-functional and warned the banks of penal action if the compliance levels are not met.

RBI,   Reserve Bank of India,   RBI on ATM,   ATMs in India,   non functional ATM,   business news,  

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