Working on target to become $5-10 trillion economy: Modi

India will be among the top three economies in the world in his third term, Prime Minister Narendra Modi said in Surat on Sunday after inaugurating the sprawling Surat Diamond Bourse, which he said......

New roster in SC from July 1, top 5 judges to hear PILs

The CJI has also kept with himself matters concerning arbitration, habeas corpus, criminal cases, contempt of court and ordinary civil matters. With the Supreme Court all set to work in its full......

SC announces new roster; CJI, 7 senior judges to hear PILs from Jan 4

The Supreme Court came out with a new roster on Monday determining allocation of cases to its different benches, which would come into effect from January 4 next year post the winter break.  ......

Karunanidhi's daughter has Rs 8.45 crore; CPI's Ra

Tamil Nadu Chief Minister M Karunanidhi's daughter Kanimozhi owns assets valued at about Rs 8.45 crore while Communist Party of India's national secretary D Raja has no property and has only Rs......

Banks await RBI approval for appointing second whole-time director

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......

RBI directs pvt banks to have at least two wholetime directors

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime......

Tamilnad Mercantile Bank eyes Rs 1,000-crore IPO by Nov-Dec 2021

The book value of the bank is Rs 321 per share and capital adequacy was 18.94 per cent in March 2021, up from 16.74 per cent in March 2020. Illustration: Uttam Ghosh/Rediff.com Private lender......

New Challenges Facing Banks

As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com  ......