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Paytm gets final nod from RBI to launch payments bank

PayTM, India’s largest wallet service has finally got the permission from Reserve Bank of India to launch the Paytm Payments Bank.“At Paytm Payments B...


Sensex rebounds 171 points on higher Asian cues

The benchmark BSE Sensex rebounded over 171 points and the NSE Nifty regained the 8,200-mark in the opening trade today, reflecting gains in Asia afte...


Net profit of listed private sector companies recorded 16% growth in 2nd quarter: RBI

The Reserve Bank of India has said that net profit of listed private sector companies recorded a robust growth of 16 per cent in the second quarter of...


IBM India names Karan Bajwa as MD

Technology giant IBM today said it has appointed Karan Bajwa Managing Director of its India operations. He succeeds Vanitha Narayana, who has been ele...


Sensex advanced over 58 points in early trade

The benchmark BSE Sensex advanced over 58 points in early session today on continuous buying by domestic institutional investors amid strong global le...


Government says nearly Rs.23,500 cr realized via disinvestment this year so far

Government has realized around 23500 crore rupees during the current financial year so far from disinvestment of its stake in Central Public Sector En...


Sensex recoups 43 points on positive infra data

The BSE Sensex made a modest recovery of over 43 points at the start today on fresh buying, buoyed by a pick-up in infrastructure sector in November c...


Finland to pay unemployed basic income of USD 587 per month

Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros (USD 587), in a social ex...


SBI pushes merger of 5 associate banks to next fiscal year

SBI Chief Arundhati Bhattacharya has hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank could be pushed to the next fin...


Housing and corporate loans set to become cheaper as banks reduce lending rate by upto 1.48%

Housing, auto and corporate loans are all set to become cheaper with half a dozen PSU and private banks steeply reducing benchmark lending rate by up ...


Sensex begins 2017 on negative note

Stock markets opened on a subdued note on the first trading day of 2017, with the benchmark BSE Sensex falling over 132 points in early trade on profi...


SBI cuts lending rate by 90 bps

A day after Prime Minister Narendra Modi asked banks to priorities lending towards poor and lower middle class, country's largest lender SBI  cut...


Petrol price hiked by 1.29/litre; diesel by 97 paise

Petrol price has gone up by one rupee 29 paise and diesel by 97 paise per litre excluding state levies as the new rates will came into effect from mid...


Royal Enfield introduces Redditch series on Classic 350

Niche bike maker Royal Enfield today introduced the Redditch series on its popular Classic 350 model range priced at Rs 1.46 lakh.The series has been ...


Sugar production touches 66 lakh tonnes

Sugar production has touched 66 Lakh tonnes so far during the 2016-17 marketing year. Food Ministry has said that the sugar production is expected to ...


India,Singapore sign 3rd protocol for amending DTAA

India and Singapore have signed the 3rd protocol for amending Double Taxation Avoidance Agreement (DTAA). Briefing reporters in New Delhi today, Finan...


RBI extends period of enhanced Prepaid Payment Instruments limit

Reserve Bank today extended the period of enhanced Prepaid Payment Instruments (PPI) limit of Rs 20,000 as part of efforts to promote digital payments...


Avoid excessive regulation to contain black money: RBI report

Amid a continuing debate on black money, an RBI report today said "the best way" to contain this menace is to improve governance and quality of servic...


Sensex moves up 211 points in early trade

Stock market got off to a positive start in the final trading session of 2016, with the benchmark Sensex surging 211 points to 26,577 on widespread ga...


Digi-Dhan Mela to be held at Talkatora stadium in New Delhi today

The Digi-Dhan Mela will be organised at Talkatora stadium in New Delhi today after the fair was held at Panaji in Goa, Gurugram in Haryana as well as ...


I-T recovers Rs.4,172 crore undisclosed income

Income Tax department has detected undisclosed income worth over 4,172 crore rupees, while new notes worth 105 crore rupees have been seized as part o...


Sensex recovers 39 points on F&O expiry

Market benchmark Sensex went up by about 39 points in early trade today on selective buying amid expiry of December futures and options (F&O) cont...


RBI's new Deputy Governor Acharya to take charge on Jan 20

Viral V Acharya will assume the charge as Deputy Governor of the Reserve Bank of India (RBI) from 20th of January, 2017. He has been appointed for a t...


RBI extends loan repayment window to 90 days

The Reserve Bank of India (RBI) has asked lenders to provide borrowers 90 days for repayment of housing, car, farm and other loans worth up to 1 crore...


Gold touches Rs.28,000 on global cues

Gold prices rebounded from an 11-month low by surging Rs 475, to Rs 28,025 per 10 grams on Tuesday, leaning on positive global cues amid fresh buying ...


No tax imposed on farm produce till BJP govt in power: Radha Mohan

Union Agriculture minister Radha Mohan Singh said, there will be no tax imposed on farm produce till BJP led government is in power, but the people wh...


Rupay card usage increases 7 times after demonetisation

Demonetisation has boosted the digital platforms for payment. The National Payments Corporation's RuPay card usage at merchant terminals has surged se...


Household owned majority of deposits in banks till Mar'16: RBI

Majority of deposits in banks was held by the household sector at 61.5 per cent as on March 31, 2016, the Reserve Bank said today. This was followed...


Sensex recovers 81 points on value buying in early trade

The benchmark BSE Sensex recovered by over 81 points in opening trade today largely on the back of value buying in blue-chip stocks such as Cipla, R...


Gold slumps to 11-month low of Rs.27,550

Gold slumped 250 rupees, to hit over 11-month low of 27,550 rupees per ten grams at Delhi's bullion market yesterday, on weak demand from jewellers....

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