As many as 22 domestic and international firms, including iPhone maker Apple's contract manufacturers as well as Samsung, Lava, Dixon and so forth, have lined up with proposals for mobile phones production worth Rs 11 lakh crore over the next five years, Union telecom and IT minister Ravi Shankar Prasad said on Saturday.
In May 2017, the central bank had initiated PCA against the lender due to high non-performing assets and negative return on assets.
The government on Saturday expanded the scope of the scheme to include "individual loans given for business purposes" within the ambit of Emergency Credit Line Guarantee Scheme.In May 2017, the central bank had initiated PCA against the lender due to high non-performing assets and negative return on assets.
The expression ' Banking System ' or ' Banks ' means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934. No. of Scheduled Commercial Banks as on Current Fortnight:134 Ajit Prasad Press Release : 2020-2021/131 |
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US lawmakers’ six-hour grilling of the CEOs of Facebook, Google, Amazon and Apple on Wednesday renews the question about fairness and transparency of practices followed by these companies in India. If the tech giants are suspected of crushing competition and lax about privacy and data protection in the US, they could be doing so in India too. Some entrepreneurs feel global giants are getting away lightly.
Jet fuel or ATF price on Saturday was hiked by 3 per cent, the fifth straight increase in two months, while there was no change in rates of cooking gas LPG, petrol and diesel. Aviation turbine fuel (ATF) rates went up by Rs 1,304.25 per kilolitre or 3 per cent in the national capital to Rs 43,932.53 per kl, according to a price notification of state-owned oil companies.
The country's largest carmaker Maruti Suzuki India on Saturday reported a 1.1 per cent decline in total sales at 1,08,064 units in July. The company had sold 1,09,264 units in July last year, Maruti Suzuki India (MSI) said in a statement.