Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Relaxation in EPF deposit rules for employers did…
The Employees' Provident Fund Organisation (EPFO) allowed companies to delay the deposit of EPF contributions into the accounts of employees for the month of March, 2020. The EPFO allowed companies to file electronic challan cum…
PPF, NSC and other post office schemes interest…
There is some good news for fixed income investors: the government has decided to keep the interest rates on small savings schemes or post office schemes unchanged for the July-September quarter of FY 2020-21. The…
Depositors seek RBI protection against waiver of bank…
Depositors are seeking protection from the Reserve Bank of India (RBI) against any attempts to stop paying interest on deposits by banks. In a letter to RBI the All India Bank Depositors Association (AIBDA) has…
ICICI Bank cuts interest rate on saving deposits…
NEW DELHI: ICICI Bank on Tuesday said it has cut interest rate on saving deposits by 25 basis points (bps). The new rates will come into effect from Thursday, it said in a regulatory filing.…
Goldman Sachs says a second wave of coronavirus…
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC.Getty ImagesAnother "big setback" in the U.S. economy could prompt the Federal Reserve to consider cutting interest rates into negative territory — but such…
Bank of England holds interest rates, expects UK…
The Bank of England (BOE) on Thursday held interest rates at 0.1% but said it stands ready to take further action should the economic crisis caused by the coronavirus pandemic continue to deteriorate.The bank's Monetary…
Incessant Technologies to acquire 55% interest in RuleTek
PUNE: Incessant Technologies, an NIIT Technologies, announced that it has signed a definitive agreement to acquire 55% interest in RuleTek LLC, a BPM architecture services company with a track record of successful implementations for Fortune…
Time opportune for RBI to slash interest rates,…
NEW DELHI: Industry body CII today said the time is opportune for the Reserve Bank to cut interest rates as inflation is likely to remain at moderate levels. "The RBI and the Monetary Policy Committee…