Banks calculate fixed deposit interest rates during leap years using different methods. Bank of Baroda calculates interest quarterly and proportionately for incomplete quarters. ET noted […]
Reserve Bank of India (RBI) has revoked the license of Sumerpur Mercantile Urban Cooperative Bank due to insufficient capital and prospects. The bank’s financial framework […]
Credit card issuers charge high interest rates on all transactions, including unpaid EMI installments, if cardholders fail to pay the outstanding bill amount in full. […]
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A comment by Thailand’s ambassador to WTO accusing India of using ‘subsidised’ rice for capturing the export market has created a diplomatic storm. Indian negotiators […]
India criticizes the US for blocking WTO appellate body appointments, resulting in loss of credibility. Talks on investment facilitation and the Doha Development Agenda have […]
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Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment […]
Reliance Industries, Viacom 18 Media, and Walt Disney have formed an $8.5 billion joint venture in India. Nita Ambani and Uday Shankar will lead the […]
British telecoms giant Vodafone said Wednesday it was in advanced talks to sell its Italian unit to Switzerland’s Swisscom after rejecting offers from French billionaire […]
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