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Five State Banks, Bharatiya Mahila Bank merge with SBI

Five associates and the Bharatiya Mahila Bank have officially merged with country’s largest lender State Bank of India (SBI). With this merger, SBI joins the league of top 50 banks globally in terms of assets. The five associate banks are: ..

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Security forces cannot use excessive force in AFSPA areas: Supreme Court

The Supreme Court of India has ruled that army and paramilitary forces cannot use excessive and retaliatory force during counter-insurgency operations in disturbed areas declared disturbed under the Armed Forces (Special Powers) Act (AFSPA), 1958. The verdict was given by ..

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G Kalyanakrishnan took over as Chief Executive of Nuclear Fuel Complex

Distinguished scientist G Kalyanakrishnan has taken charge as Chief Executive of Hydereabad based Nuclear Fuel Complex (NFC). He took over the charge in place of Dr N Saibaba, who had retired on completion of two years of extended period of ..

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Capital Area Bank first to get small finance bank licence from RBI

Jalandhar based Capital Local Area Bank (CLAB) Limited became the first financial entity in India to get Small Financial Bank Licence by the Reserve Bank of India (RBI). CLAB ltd claims to be largest local bank in the country with total ..

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Highlights of Union Budget 2016-17

Union Finance Minister Arun Jaitley presented Union Budget 2016-17 in the Parliament. It was the second full year Budget of the NDA government under leadership of Prime Minister of Narendra Modi and the third budget of Arun Jaitley as Finance ..

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Oscar Awards: 88th Academy Awards

The 88th Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS) was held at the Dolby Theatre in Hollywood, Los Angeles. The Academy Awards (commonly referred as Oscars) were presented in twenty four categories.  They ..