Finance

Dow jumps over 450 points, best gain since mid-July

US equities finished noticeably higher, with the Dow jumping more than 450 points on its best day since mid-July. On Wednesday, the Dow Jones Industrial...

Pandemic-proofing: Govt consumption to support demand, says RBI

Government consumption is expected to continue "pandemic-proofing" of demand, the Reserve Bank said on Tuesday. In its Annual Report 2019-20, the Reserve Bank of India...

India’s banking sector needs to grow for becoming $5 tn economy: CEA

The government's Chief Economic Adviser K.V. Subramanian on Sunday said that India's banking system is proportionately smaller than the size of the economy and...

ICICI Lombard to acquire Bharti AXA General Insurance business

In a share swap deal, non-life insurer ICICI Lombard General Insurance Company will acquire the business of Bharti AXA General Insurance Company Ltd. In a...

Union Bank’s Q1FY21 net profit at Rs 333 cr

State-run lender Union Bank on Friday reported a net profit of Rs 333 crore for the first quarter of 2020-21. The lender had reported a...

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