NEW DELHI, Aug 30 India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending and revive economic growth.
NEW DELHI India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending and revive economic growth.
* 10 state-owned lenders will be granted additional funds (Adds analyst comments, details on governance reforms)
NEW DELHI, Aug 30 India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending and revive economic growth.
NEW DELHI India's two main ports said on Thursday they had been warned by the coastguard and intelligence officials that Pakistan-trained commandos have entered Indian waters to carry out underwater attacks on port facilities.
NEW DELHI India is set to impose a nationwide ban on plastic bags, cups and straws on Oct. 2, officials said, in its most sweeping measure yet to stamp out single-use plastics from cities and villages that rank among the world's most polluted.
MUMBAI/NEW DELHI India plans to impose an extra 5% tax on vegetable oil imports within weeks and use the revenue to help boost the country's stagnating oilseed production, two government sources said.
NEW DELHI Indian farmers have planted summer-sown crops on 97.5 million hectares, down 2.3% year on year, agriculture ministry data showed on Friday, substantially narrowing the sowing gap compared with last year from previous weeks.
NEW DELHI An Indian court on Wednesday acquitted six men of the killing of a 55-year-old Muslim dairy farmer, citing lack of evidence, raising questions over the prosecution's failure to make its case despite videos of a crowd beating him in the street.
NEW DELHI Indian farmers have planted 87 million hectares with summer-sown crops so far, farm ministry data showed on Friday, down 5.3% from last year, narrowing the sowing gap as monsoon rains picked up from the previous week.
Iran said on Saturday it was now capable of raising uranium enrichment past the 20% level and had launched advanced centrifuge machines in further breaches of commitments to limit its nuclear activity under a 2015 deal with world powers.