Rupee maintains its form, scales fresh 20-month high of 64.28
Defying intense global volatility and nervousness, the rupee today continued its stellar rally against the US dollar, surging 24 paise to end at a fre...
Banks Get Time Till 30 June to Obtain PAN From Account Holders
The tax department has given banks three more months, until 30 June, to obtain permanent account number (PAN) or Form 60 from all account holders, as ...
Israel Signs $2 Billion Missile Deal, Will 'Make In India'
JERUSALEM: Israel has signed a US $2 billion contract with India to supply it with missile defence systems, the state-owned Israel Aerospace Ind...
After Snapdeal and Yepme job cuts, now Practo sacks 150 employees
Healthcare start-up Practo's moves to sack 150 people, or 10 per cent of its workforce, is part of the new reality at Indian start-ups, who have been ...
Rs 141 crore worth of new Rs 2,000 and Rs 500 notes seized: Arun Jaitley
The Income Tax department, Enforcement Directorate and other agencies have seized Rs 141.13 crore worth of new currency notes of Rs 2,000 and Rs 500 c...
RBI retains key rate at 6.25%
The Reserve Bank on Thursday kept benchmark lending rate unchanged for the third consecutive policy review but raised the reverse repo rate as it step...
Sensex tanks 164 points on Asian cues
The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade today as RIL led the fall on increased selling by participants amid weak tre...
Google to build subsea cable connecting Sydney, Jakarta and Singapore
GOOGLE has announced it will build a new sub-sea cable network to boost connectivity between Australia and Southeast Asia, as demand for Internet data...
Reliance Jio stopping 3-month complimentary Summer Surprise offer after TRAI order
Advised by the telecom regulator, Reliance Jio on Thursday of Jio Summer Surprise, "as soon as operationally feasible, over the next few days"."Today,...
Rupee sheds 18 paise against US dollar
The rupee depreciated 18 paise to 65.05 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh demand for the Am...
FDs more popular than MFs, equities: Sebi
More than 95% Indian households prefer to park their money in bank deposits, while less than 10% opt for investing in mutual funds or stocks, a new Se...
Sensex trips 122 points ahead of RBI policy
Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 p...
RBI to hold monetary policy review today
RBI will today announce its first bi-monthly monetary policy review of the new financial year. The Monetary Policy Committee (MPC), headed by RBI Gove...
Ban on cash transactions of over Rs.2 lakh not applicable for bank withdrawls
The Income Tax department has clarified that the ban on cash transaction in excess of 2 lakh rupees will not be applicable to withdrawals from banks a...
Jeff Bezos' Amazon bets big on India; to set up 7 new warehouses, hire 1,200 people
E-commerce giant Amazon.in said today it has set up seven new warehouses (Fulfilment Centres or FCs) to cater exclusively to its large appliances and ...
Rupee weakens 11 paise against US dollar in early trade
The rupee weakened 11 paise to 65.14 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange on increased demand for the A...
Sensex surging 97.26 points in early trade today
The BSE Sensex breached 30,000-mark and the NSE Nifty hit a lifetime high of 9,264.95 in opening trade on Wednesday on sustained buying by retail inve...
BJP understands only the language of riots: Mamata Banerjee
West Bengal Chief Minister Mamata Banerjee dubbed the BJP as a party which "understands only the language of riots," while accusing it of using ...
BP Kanungo takes charge as Deputy Governor at RBI
The Reserve Bank of India (RBI) on Monday announced B.P. Kanungo taking charge as the Deputy Governor after being appointed on March 11, 2017. The ape...
WhatsApp mulls foray into digital payments with India launch
Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, an...
RBI clears proposal to introduce Rs 200 notes
The board of the Reserve Bank of India (RBI) has cleared a proposal to introduce banknotes of Rs200 denomination, two people aware of the development ...
SBI cuts lending rates by 0.15%
The country's largest bank, State Bank of India has reduced its benchmark lending rate by 0 point 15 per cent. Base rate or the minimum lending rate o...
2,800 employees of SBI's associate banks opt for VRS
Only 2,800 employees of five associate entities of State Bank of India have so far applied for voluntary retirement scheme (VRS) out of more than 12,0...
'Post-Merger With Associate Banks, SBI Opens As One Bank'
Post-merger of five associate banks, the State Bank of India opened as one bank with 500 million customers and started normal operations from Monday, ...
Rupee gains 8 paise against US dollar
The rupee firmed up by another 8 paise to 64.77 against the US dollar in early trade on Monday on increased selling of the American currency by export...
Sensex recoups 158 points in early trade today
The BSE Sensex recovered by over 157 points and the Nifty scaled a record high in early trade on widespread buying by investors and funds, triggered b...
Subsidised LPG price increased by Rs.5.57
Subsidised LPG price was hiked by Rs 5.57 per cylinder.Also, the rate of non-subsidised cooking gas has been cut by Rs 14.50 per cylinder, in line wit...
MTNL offers 2GB of 3G data per day, BSNL gives 10GB data per day under 'Unlimited Broadband plan
MTNL and BSNL heat up the price war in the telecom space with new tariff plans, priced at Rs 319 and Rs 249 respectively.With Reliance Jio Prime Membe...
Now, Government plans to change security features of banknotes every 3-4 years
New Delhi, Apr 2: To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 ev...
IDBI Bank employees to go on strike on April 12: AIBEA
The Association also shot off a letter to Finance Minister Arun Jaitley, seeking his intervention in the matter.All India Bank Employees Association w...
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