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'India Inc expects more reforms in major areas from Modi government'

'India Inc expects more reforms in major areas from Modi government'

24 May 2015

New Delhi: As the Modi government completes one year in office, India Inc expects major initiatives in the next two quarters along with forward movement in key sectors like road, power, coal, non-renewable energy, mainly led by public sector investment, industry body Assocham said on Sunday.

India Inc,   Modi Government,   Assocham,   Rana Kapoor,   Jan Dhan Yojana,   GST Bill,   Monetisation of Gold,   Latest Business News ,  
Banking sector likely to witness up to 25 percent increase in hiring

Banking sector likely to witness up to 25 percent increase in hiring

24 May 2015

Mumbai: Hiring in banking sector is expected to go up to 25 percent this year on the back of a growing economy, policy overhauls and improved business sentiments in the country, say industry experts.

Banking Sector,  Sunil Goel,   investment banking,   Indian market,   Financial Services,   economy,   Bandhan Financial Services,   Latest Business News,  
No 'big bang' investment by Modi govt in first year: CII

No 'big bang' investment by Modi govt in first year: CII

24 May 2015

New Delhi: As Narendra Modi government celebrates one year in office, industry body CII has said there has been no big-bang investments in the first year and issues on ease of doing business still need to be addressed.

Narendra Modi,   Modi government,   CII,   one year of Modi government,   PM Modi,   Latest Business news,  
United Bank says lost hope to recover money from Kingfisher

United Bank says lost hope to recover money from Kingfisher

24 May 2015

Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines. Interestingly, the Kolkata-based lender was the first bank to attempt to get Vijay Mallya, the chairman of Kingfisher Airlines, tagged as a wilful defaulter.

United Bank,   Kingfisher Airlines,   Vijay Mallya,   UB Group,   PNB,   IDBI Bank,   Bank of India,   Bank of Baroda,  Central Bank of India,   Latest Business News ,  
Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana

Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana

24 May 2015

New Delhi: To complement the government's ambitious financial inclusion programme, Jan Dhan Yojana, Sebi has suggested a massive scaling up of the National Strategy on Financial Education including by way of greater fund outlays.

SEBI,   NCFE,   Jan Dhan Yojana,   RBI,   IRDAI,   PFRDA,   FMC,   Prime Minister Narendra Modi,   Latest Business News ,  
RBI to soon set up Central Fraud Registry

RBI to soon set up Central Fraud Registry

24 May 2015

New Delhi: Mindful of the impact of frauds on banks' financials, the Reserve Bank of India (RBI) will soon set up a Central Fraud Registry as part of an early warning system. The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

RBI,   Central Fraud Registry,   Reserve Bank of India,   CEIB,   Latest Business News ,  
FPIs dump equities, debt of more than Rs 14,000 crore in May

FPIs dump equities, debt of more than Rs 14,000 crore in May

24 May 2015

New Delhi: Overseas investors have pulled out more than Rs 14,000 crore (USD 2.3 billion) from the Indian capital markets since the beginning of the month amid continued taxation worries. The debt market has seen steeper outflows than equities.

Foreign Portfolios Investors,   FPIs,   FIIs,   Foreign Industrial Investors,   MAT,   Minimum Alternate Tax,   Finance Minister Arun Jaitley,   Indian Business Market,   Indian Market Reports,   Latest Business Report,  
Foreign investors should be aware of BJP's opposition to retail FDI: Jaitley

Foreign investors should be aware of BJP's opposition to retail FDI: Jaitley

23 May 2015

New Delhi: Finance Minister Arun Jaitley on Saturday said foreign investors proposing to enter the multi-brand retail business in India should know that they can face problems as the ruling BJP is not in favour of it.

Foreign investors,   BJP opposition,   FDI,  Finance Minister Arun Jaitley ,   GDP growth,   Latest business news ,  
Government may do away with mandatory RBI approval for FDI

Government may do away with mandatory RBI approval for FDI

19 May 2015

New Delhi: In a bid to attract more foreign investment, the government is looking at doing away with the mandatory approval of the Reserve Bank of India (RBI) which currently is needed after an investment proposal has been approved by the FIPB(Foreign Investment Promotion Board).

RBI,   Reserve Bank of India,   FDI,   FIPB,   FEMA,   Finance Bill,   Parliament,   FDI policy,   Latest Business News,  
A year after Thai coup, stability trumps growth for business

A year after Thai coup, stability trumps growth for business

22 May 2015

Bangkok: When Thailand's army seized power in a bloodless coup, much of the business establishment quietly cheered them on. A year on, the captains of Thai industry remain firmly behind the junta, despite a lacklustre economy and a delayed return to democracy.

Thailand,   Thai business,   Thai industry,   Thailand government,   latest world news,  

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