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3 mins read

FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

PTI   


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India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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2 mins read

52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance

About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…

ANI   


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Bank unions defer Jan 30-31 strike

The United Forum of Bank Unions (UFBU) has deferred the two-day nationwide bank strike on January 3…

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Bank staff to strike work on Jan 30, 31

The United Forum of Bank Unions (UFBU), an umbrella body of several bank unions, on Thursday decide…

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2 mins read

Number of children in non-institutional care increased fourfold between 2021-22 and 2023-24: Govt

In the financial year 2021-22, 29,331 children were covered by non-institutional care. This number …

PTI   


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Jammu and Kashmir's maiden human milk bank to be ready in Jammu's govt hospital by year-end

The first ever Comprehensive Lactation Management Centre (CLMC), commonly known as human milk bank,…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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PSU bank employees to go on two-day strike from Thursday; services likely to be hit

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…

PTI   


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58,000 PSU general insurance employees go on strike seeking pay revision

About 58,000 employees in the government owned general insurance and reinsurance companies are on s…

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‘United Health Interface will do to service delivery what UPI did to payments’

Just like UPI revolutionized payment transactions in India, Unified Health Interface or UHI will re…

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Union Bank, Tata Power Renewable join hands to help MSMEs switch to solar

MSME industries who are Tata Power customers can avail loans up to ₹8 crore with nil or minimum col…

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3 mins read

India needs 4-5 more SBI sized banks, says Nirmala Sitharaman

India needs a lot more banks and a lot more large sized ones to meet the growing needs of the count…

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2 mins read

Financial flows to Russia are drying up as global banks fear losing access to the US dollar, Treasury official says

"They started requesting meetings with us to say, 'What can we do to make sure that we keep access …

Filip De Mott   


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1 min read

CBI books a Mumbai-based firm for defrauding Union Bank of India of ₹62.9 crore

However, the firm misrepresented facts and siphoned the entire amount. The CBI lodged an …

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Ford and GM could be losing $100 million every week with union workers on strike

The targeted plants so far account for nearly 13,000 workers and more than 14,000 vehicles in weekl…

Alexa St. John   


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A new bill in Congress is going to 'kill' card rewards programs, says United CEO

"This would kill rewards programs," Kirby said in an earnings call. "It would not exist anymore."

Matthew Loh   


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Steep wage hikes for union workers mark the 'final echo' of the inflation surge, Goldman Sachs says

Wage growth for union workers is a lagging indicator, not a leading one, according to Goldman Sachs…

Phil Rosen   


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The US might avoid a recession, but it won't be unscathed if the European economy tanks

Wall Street has struck an optimistic tone lately on the chances of dodging a recession. Forecasts f…

Jacob Zinkula   


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Head of United Airlines pilot union resigns after making insulting and 'inappropriate' remarks about gay people, women, and ethnic minority groups

Neil Swindells apologized for the comments, which he acknowledged included language "that was often…

Beatrice Nolan