The amended rules provided for the establishment of a fact checking...
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Cyber security researcher claims Star Health Insurance official sold data of 3.1 cr customers
"Our cybersecurity team is already investigating the matter and...
Govt probes EY’s ‘work environment’ after death of young employee
Shobha Karandlaje, Union Labour Minister "A thorough investigation...
To safeguard banking, SBI to introduce OTP-based ATM transactions from Jan
“This will safeguard the customers against the risk of unauthorized transactions on account of skimmed/cloned cards, while withdrawing cash at State Bank ATMs,” the bank said.
Financial system remains stable despite weakening domestic growth: RBI
Mumbai: Financial system remains stable despite weakening domestic growth: RBIThe Reserve Bank on Friday said the country's financial system remains despite slowing economic growth. The country's GDP slowed to a six-year low of 4.5 per cent in...
Banks see biggest job cull since 2015,cut a combined 77,780 jobs
This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015, according to filings by the companies and labor unions. Banks in Europe, which face the added burden of negative interest rates for years to come, account for almost 82% of the total.The 2019 cuts bring the total for the last six years to more than 425,000.
Improve corporate governance to lift economic efficiency: RBI to India Inc
Regulators like the Sebi and Irdai have been taking measures to improve the market integrity and to strengthen corporate governance processes, while the IBBI has been making progress in improving an enabling framework for stressed asset resolution.
Global shares reach record highs on trade optimism, festive cheer
The rally in global shares contrasts with a plunge late last year, when the Sino-US trade war had sapped investor confidence. The worries scuttled capital expenditure plans over much of 2019, but strong employment and signs of an improving global economy suggest that will change next year.
Bank frauds rise to record high of ₹1.13 lakh crore in H1FY20: RBI
The Reserve Bank is taking steps to integrate fraud reporting of NBFCs and urban co-operative banks in its central fraud registry database.
PM launches Atal Jal Yojana aimed at improving groundwater level
Under the ABY, gram panchayats that will help preserve water will get more funds to do more good work. Urging the 8,300 sarpanches associated with the ABY, Modi said, “Your success will not only make the scheme successful but will also strengthen the Water Life Mission (WLM)”.
Boeing CEO Muilenburg quits after 737 twin crashes
Muilenburg’s response to the crisis has been increasingly criticized as the MAX grounding has dragged on far longer than initially expected as more disturbing details have dribbled out about the certification of the MAX.
DGCA to inspect GoAir’s A320neo planes’ PW engines, used for over 3000 hrs
As PW engines of IndiGo’s A320neo family aircraft’s have also been facing similar incidents, the Directorate General of Civil Aviation (DGCA) on October 28 ordered it to replace 16 PW engines, which have been used for more than 3000 hours, within 15 days.
Sebi comes out with new mechanism to reward whistleblowers, informants
Under the new framework, it would be mandatory to disclose the source of information, besides, confidentiality regarding the identity of the informant would be protected, the regulator said in a statement.