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Banks should accept deposits of pre-2005 currency notes: RBI

Reserve Bank has clarified that banks should accept deposits of pre-2005 currency notes, including the demonetised 500 and 1,000 rupee notes. In a pre...


Deposit over Rs.5000 in demonetisation notes allowed only once till Dec 30: RBI

Deposits of above Rs 5000 in scrapped banknotes can be made only once till the deadline of December 30, the Reserve Bank of India (RBI) said on Monday...


Sensex down 81 points on weak Asian cues

The benchmark BSE Sensex surrendered another 81 points to quote at 26,408.74 in early trade today on sustained selling by investors and funds amid wea...


State Bank MobiCash Mobile Wallet launched

Minister of Finance and Corporate Affairs, Arun Jaitley and Minister of State for Communications (Independent charge) and Minster of State for Railway...


Ratan Tata not to step down from chairmanship

Tata Sons has stated that Ratan Tata has no plans to step down from the chairmanship of Tata Trusts at the current juncture. Tata, however, stated t...


Maruti Suzuki to launch 'Ignis' next month

The country's largest car maker Maruti Suzuki India will launch its premium hatchback 'Ignis' in the second week of January targeting the millennial...


India's foreign exchange reserves down to USD 362.987 bn from USD 887.2 mn

India's foreign exchange reserves declined by 887.2 million dollars to 362.987 billion dollars in the week ended 9th December. A RBI press release h...


RBI lowers charges on debit card payment to promote digital transactions

The Reserve Bank has announced special measures to be adopted between 1st January 2017 and 31st March 2017 in order to incentivise greater adoption ...


Sensex moves up 75 points in early trade on global cues

The benchmark BSE Sensex recovered by over 75 points in early trade today on the back of widespread gains in blue-chips.Besides, exports rising for ...


India, ASEAN set target of $100 billion trade to be achieved by 2020

India and ASEAN have set a target of trading at 100 billion dollar to be achieved by 2020. Currently the trade between ASEAN and India is 57 billion...


India one of fastest-growing countries in the world: US

India remains one of the fastest-growing countries in the world, with real GDP expanding at 7(point)3 per cent, the White House said. Economic Re...


RBI imposes restrictions on withdrawl from certain bank accounts

The Reserve Bank of India (RBI) has imposed certain restrictions on withdrawal, if more than two lakh rupees has been deposited after November 9 in ...


Sensex falls 141 points on Fed rate hike

The benchmark BSE Sensex fell 141 points to 26,462.18 in early trade today amid a weak trend in Asian bourses as the US Fed hiked interest rates by a ...


Mercedes-AMG C43 Launched In India At ₹ 74.35 Lakh

Mercedes-Benz India has launched the Mercedes-AMG C43 4Matic in India in a move to expand its performance oriented automobile portfolio. The C43 is th...


Sensex up 39 points in opening trade today

The benchmark BSE Sensex rose nearly 39 points to 26,736.34 in the opening trade today on the back of positive macroeconomic data and is waiting for t...


Trade between India, China expected to be $65 billion for 2016

The bilateral trade volume between India and China is expected to be more than 65 billion US dollar for 2016. Wang Shicai, Commercial Counselor, Consu...


Retail Inflation drops to 3.63 percent in November

Retail inflation dipped to a multi-year low of 3(point)63 percent in November this year, amid a fall in food inflation. Consumer price-based inflation...


Sensex gains 97 points in early trade

The benchmark BSE Sensex recovered almost 97 points in early trade today on fresh buying by domestic investors ahead of inflation data to be released ...


Customers making digital payment for petrol,diesel to get 0.75% discount

Customers making digital payment for purchase of petrol and diesel will get a discount of 0.75 per cent on the sale price of fuel from today. In a sta...


Sensex up 109 points in early session

The benchmark BSE Sensex advanced nearly 109 points at the start of trading today after buying by investors and foreign funds gathered momentum amid s...


RBI issued Rs.4.27 lakh crore notes after demonetisation

The RBI has said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of o...


BMW launches X3,X5 models in India

German car maker BMW  launched its SUVs BMW X3 and BMW X5 with petrol engines in India, priced at Rs 54.9 lakh and Rs 73.5 lakh, respectively (ex...


Sensex rebounds 300 points in early trade

The benchmark Sensex staged a strong comeback by rising over 300 points in early trade today on widespread buying by participants tracking a global ma...


RBI keeps policy rates unchanged

Home loan consumers will have to wait a tad longer for a reduction in rates as the Reserve Bank of India decided to take a pause on its interest rate ...


Supply of new notes are enough to ease currency crisis: RBI

The government is supplying enough notes of various denominations to ease the currency crisis, Reserve Bank of India Deputy Governor R Gandhi said on ...


RBI relaxes norms for AFA to speed up small value online transactions

The RBI has relaxed norms for Additional Factor of Authentication, AFA for payments up to 2,000 rupees. Relaxing the norms for AFA requirement for tra...


Sensex up 77 points ahead of RBI policy meet

The Sensex moved up another 77 points today with interest-sensitive stocks gaining the most as investors raised bets on RBI's policy decision amid fir...


Sensex up 120 points ahead of RBI policy meet

The benchmark Sensex rose almost 120 points in early trade today on optimistic buying by investors ahead of RBI policy review scheduled for tomorrow.F...


Yes Bank partners Ola to set up 30 mobile ATMs

Yes Bank has partnered cab aggregator Ola to set up mobile ATMs across 30 locations in the country that will allow people to withdraw up to Rs 2,000 p...


Sensex recovers 43 points in early trade today

The BSE benchmark Sensex recovered 43 points in early trade today, snapping its tow-day losing streak, on fresh buying by investors in select blue-chi...

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