The State Bank of India (SBI) is set to recruit around 3,500 officers to strengthen its operations and improve service delivery across the country.SBI deputy managing director (HR) and chief development officer Kishore Kumar Poludasu was quoted by news agency PTI as saying that the bank has already recruited 505 Probationary Officers (POs) in June…
File photo: Malaysian PM Anwar Ibrahim and PM Modi Malaysian Prime Minister Anwar Ibrahim on Sunday said that Asean’s partnership with India continues to be a “force for stability and mutual prosperity”, as both sides push to finalise the Asean–India Trade in Goods Agreement (AITIGA) by the end of this year.Speaking at the India–Asean annual…
India’s alcoholic beverage industry has seen strong sales during the festive season, with the premium spirits category driving growth, and expects an upswing of 10-20 per cent in the October-December period.As per news agency PTI, Radico Khaitan COO Amar Sinha said, “We have witnessed a highly encouraging festive season, with strong uptake across our premium…
Moving halfway across the world at 19 might make one feel alone, uncertain, and homesick. But that’s how Money Singh’s story in America began, which took him from being a depressed teen to owning multiple businesses in the US. Recalling his early days in San Francisco after leaving Punjab in 2006, Singh said, “I was…
Gold and silver prices in India took a breather this week after a prolonged rally, with analysts expecting consolidation in domestic markets next week amid upcoming global central bank meetings and trade developments.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 3,557, or 2.80 per cent, while silver futures crashed…
File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Sunday that Washington and Beijing have reached a “very substantial framework” that would prevent the US from imposing 100% tariffs on Chinese goods and allow for a deferral of China’s rare earths export controls, as per news agency…
US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit. On ASEAN Sidelines, Trump Praises India’s ENEMY NO. 1, Doubles…
India already faces 50% US tariffs, of which 25% penal tariffs are on account of its crude imports from Russia. (AI image) US President Donald Trump’s move to sanction two of Russia’s largest oil firms – Rosneft and Lukoil – may finally force India and China to drastically reduce or even stop their crude oil…
US officials indicated progress in finalizing details of a trade agreement with China, following recent talks in Malaysia. The discussions aimed to de-escalate a costly tariff dispute, with both nations seeking a resolution. This development comes amid heightened tensions and threats of further tariffs. The announcement comes after the latest round of trade talks in…
India is gearing up to transform its electronic waste into a major source of critical minerals, as the ministry of mines intensifies collaboration with private players to build large-scale recycling capacity across the country. The ministry is working closely with private industry to expand the country’s recycling capacity, aiming to fully process electronic waste and…
KVS Manian, MD & CEO, Federal Bank MUMBAI: Federal Bank chief KVS Manian said that the recently-announced capital raise from private equity investor Blackstone will give the lender flexibility to consider acquisitions to support growth, after the board approved a preferential issue of warrants to the US asset manager on Oct 24 in Kochi.The bank…
Life Insurance Corporation (LIC) of India NEW DELHI: The department of financial services (DFS) in the finance ministry and govt’s policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer’s…
Dividend cheque was presented to Union health minister JP Nadda by Dr Anitha Thampi, chairperson of HLL, in the presence of minister of state Anupriya Patel and health secretary Punya Salila Srivastava. Mini-Ratna CPSE HLL Lifecare Limited has paid a record dividend of Rs 69.53 crore to the Government of India for the financial year…
Pakistan’s total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, almost 13 per cent higher than the previous year, according to official data released by the ministry of finance in its Annual Debt Review for FY25. Of this, domestic debt stood at PKR 54.5 trillion while external debt was PKR 26.0…
India is making rapid strides in developing advanced semiconductor chipsets capable of powering high-tech applications such as CCTVs, servers, and high-performance computing, Union minister for electronics and IT Ashwini Vaishnaw said on Saturday. The government plans to invest over Rs 200 crore in energy-efficient microprocessors as part of this initiative.Semiconductors are crucial for modern technology,…
Indian Railways has deployed over 12,075 special trains to manage the festive season rush, particularly around Diwali and Chhath Puja. These services, a 56% increase from last year, aim to ensure safe and timely travel for over 30 lakh passengers, with enhanced amenities at major stations. Indian Railways has launched over 12,075 special trains across…
In a move aimed at simplification, transparency, and improving the Ease of Doing Business, the Central Board of Indirect Taxes and Customs (CBIC) has merged 31 separate Customs Duty notifications into a single, comprehensive document. As per news agency ANI, the consolidated Notification No. 45/2025, dated October 24, 2025, will come into effect on November…
A senior official from the Reserve Bank of India’s monetary policy division has raised allegations of plagiarism against economists at the State Bank of India. In an unprecedented situation, a public spat has emerged on social media between professionals from the Reserve Bank of India (RBI) and the State Bank of India (SBI).A senior official…
With Diwali celebrations just concluding, many are now preparing for Chhath Puja, leaving several customers uncertain about whether banks are open or closed. The month of October has seen a series of festival holidays, ranging from Navratri, Vijayadashmi to Diwali and Lakshmi Pujan. Are banks closed on October 27? Banks in several parts of the…
China and the United States kicked off their latest round of trade talks in Malaysia on Saturday, as the world’s two largest economies attempt to prevent further escalation of a costly tariff dispute. “The Chinese and US delegations convened on Saturday morning for talks on economic and trade issues,” official Xinhua news agency reported, as…
