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An in-principle decision has been taken in this regard, Prasad said at an event. (PTI)The government has decided to give 5G spectrum for trials to all players, including Huawei. “We have taken a decision to give 5G spectrum for trials to…

Earlier on Monday, SBI cut its one-year MCLR by 10 basis points to 7.9%, HDFC Bank effected a 15-basis-point cut to 8.15%, and Bank of India reduced the same by 20 basis points to 8.20%.Following the footsteps of peers like SBI, HDFC…

The RBI received 285 bids to purchase 6.45 per cent-2029 security but accepted only 151 bids.In the second special open market operation (OMO), the Reserve Bank of India on Monday bought Rs 10,000 crore of long-term government securities…

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Flipkart on Monday signed an MoU with the Ministry of Housing and Urban Affairs to collaborate with state missions. (Image: Bloomberg)Walmart-owned Flipkarthas tied up with the government’s poverty alleviation programme — Deendayal…

The new rates will be applicable from January 1, 2020, the bank said in a statement. (Image: Reuters)The country’s largest lender State Bank of India (SBI) on Monday announced reduction in its external benchmark-based rate by 25 basis…

From the stock markets perspective, 2019 is a year that most investors would like to forget. The year started with a lot of hopes, it is an election year, but most of those hopes were dashed after an uninspiring budget and subsequently,…

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The Union Cabinet headed by Prime Minister Narendra Modi had approved a plan to combine Mahanagar Telephone Nigam Ltd.State-owned Bharat Sanchar Nigam Ltd (BSNL) has cleared Rs 1,700 crore of vendors dues, its CMD P K Purwar said on…

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system. (Reuters)Battered by bad loan menace and fraud, the country’s banking industry eyes better days with…