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India is a noisy democracy but stuck reforms like GST would go through, says Jaitley

Jan 21, 2016

India is a noisy democracy but stuck reforms like GST would go through, says Jaitley

FM said people are eventually going to pay for the goods and services they want to buy and for the weaker sections technology would be used to ensure that the benefits reach the right target group #Defence #GST #NPAs #Banking sector #Public Investment #Finance Minister Arun Jaitley #Start-up India
One-day trade union strike cost Rs 25,000 cr to economy: chambers

Sep 02, 2015

One-day trade union strike cost Rs 25,000 cr to economy: chambers

As a nationwide strike of trade unions hit banking and other services on Wednesday, business chambers pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination. #Economy #India #Business #NewsTracker #All-India Trade Union Strike #Business Chambers #Banking Sectors
Nationwide strike hits normal life, coal output; over 1000 arrested as violence hits WB

Sep 02, 2015

Nationwide strike hits normal life, coal output; over 1000 arrested as violence hits WB

A day-long nationwide strike on Wednesday impacted normal life in various parts of the country with coal production, banking operations and transport services being hit the most #India #NewsTracker #PSU banks #Banking sector #Trade union strike #Coall India
Banking services across country hit by day-long strike by central trade unions

Sep 02, 2015

Banking services across country hit by day-long strike by central trade unions

Banking services across the country were hit on Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation. #RBI #NewsTracker #SBI #ICICI #Kotak Mahindra Bank #Banking sector #Nationwide Central Trade Union Strike
Payments banks: Not corporate biggies but India Post will emerge the dark horse in race for market

Aug 20, 2015

Payments banks: Not corporate biggies but India Post will emerge the dark horse in race for market

Since payments banks do not require huge amount of capital, India Post will not have to struggle much to seek the capital assistance from the finance ministry #HowThisWorks #Bharti Airtel #Vodafone #Aditya Birla Nuvo #RIL #India Post #Banking sector #financial inlcusion #payments bank licence
Railways woo banking, financial institutions with big ticket projects

Jul 22, 2015

Railways woo banking, financial institutions with big ticket projects

Referring to the 2015-16 Railway Budget, Prabhu said there are numerous initiatives in the budget proposals to modernize the system, to remove bottlenecks and to build capacity. #Economy #Indian Railways #Raghuram Rajan #Banking sector #Jayant Sinha #Suresh Prabhu #Indian Railway Finance Corporation
Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

May 22, 2015

Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

The reason for a change to waning investor sentiments from the days of euphoria is absence of much-needed structural reforms in the economy #Finance minister #Arun Jaitley #Divestment #economic reforms #one year of Modi govt #banking sector reforms
HDFC Bank's profit up 20.7%, expects higher loan growth than sector

Apr 24, 2015

HDFC Bank's profit up 20.7%, expects higher loan growth than sector

HDFC Bank Ltd, India's second-biggest private sector lender by assets, said on Thursday it was optimistic of growing loans on the back of faster economic expansion after reporting net profit grew more than a fifth in the March quarter. #HDFC Bank #loans #Banking sector #Loan growth #Q4 earnings
Moody's upgrades India outlook but warns Modi: Time running out to reform banks

Apr 10, 2015

Moody's upgrades India outlook but warns Modi: Time running out to reform banks

But the outlook upgrade by Moody’s appears half-hearted and a bit distant from translating into a rating upgrade since the potential risks that could act as credit constraints #Economy #India #Narendra Modi #ConnectTheDots #Growth #Moody's Investors Service #Modi #NDA #Banking sector #sovereign credit profile