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Being_Safe_in
Being safe in a digital world

With the establishment’s push towards becoming a cashless economy gaining traction, the number of people expected to transact and bank online is expected to continue to grow. But how do you keep your

3 hours ago

SUVAJIT DEY
Bond market gets demonetisation boost

While several sectors were hit by a wave of negative developments post demonetisation, one of the only gainers seems to be the bond market.

3 hours ago

Training_on_E-transactions
Training on E-transactions at fuel pumps

Minister of State for Petroleum & Natural Gas Dharmendra Pradhan on Saturday launched Customer Awareness Campaign for digital transactions at Auto Care Centre, a flagship HPCL Retail Outlet at Niti Ma

8 hours ago

Paper_Gold
Paper gold to gain more allure

It is time for some 'golden' calculations. Unofficial estimate suggest that Indian households have around 20,000 tonnes of gold under their sleeve, worth `56.2 lakh crore (current market rate). If dis

8 hours ago

RBI likely to slash repo rate by 25 bps: Citigroup

In its next week’s policy review meet scheduled December 7, the Reserve Bank is expected to go for a 25bps repo rate cut, in view of downside risks to the economic growth, states a Citigroup report.

03 Dec 2016

Image used for representational purpose only.
78 companies vanish after raising Rs 32 crore from market

After having raised `32 crores from investors, as many as 78 companies are untraceable with Gujarat having the maximum number of 17 such entities.

03 Dec 2016

A file photo of Chitra Ramakrishna | Reuters
NSE chief Chitra Ramakrishna quits post ahead of IPO deal

Having worked with the National Stock Exchange for twenty-four years, Chitra Ramkrishna on Friday has stepped down as the Managing Director and Chief Executive Officer, citing personal reasons.

03 Dec 2016

One_minute
One minute of talk time for every rupee deposited in Airtel Payments bank

Airtel Payments Bank, the first in the country to have started operations, threw down the gauntlet to its competitors with the announcement of an offer aimed at wooing new customers and attracting the

03 Dec 2016

Union Power Minister Piyush Goyal. | (File | EPS)
Nalco under pressure against value addition: Coal Minister

Resistance from domestic market has prevented Nalco from making value addition to alumina, says Union Minister Piyush Goyal

03 Dec 2016

Confident of surpassing $10 billion India investment pledge: SoftBank

Assuring Indian startups that he remains committed to the market, Japanese conglomerate SoftBank chairman Masayoshi Son on Friday said that India will “surpass” $10 billion in the next few years.

03 Dec 2016

mss
MSS hike might reverse CRR decision

The government has announced a significant increase in the Market Stabilisation Scheme, from `30,000 crore to `6 lakh crore — a move that is set to not only help suck out the excess liquidity (currency in banks) due to demonetisation, but will also address the fundamental problem of balancing assets and liability.

03 Dec 2016

For representational pupose (File | Reuters)
RBI defers mandatory deployment of PoS devices till June

The RBI on Friday deferred the mandatory implementation of Aadhar-enabled Point of Sale machines by six months

03 Dec 2016

Finance Minister Arun Jaitley | EPS
Bank unions seek Jaitley's intervention to end cash-shortage

Two large bank unions today demanded immediate intervention of Finance Minister Arun Jaitley in ending the acute cash shortage.

02 Dec 2016

Liquor baron Vijay Mallya | AFP
Karnataka High Court rejects Vijay Mallya's plea for recalling order

Rejecting the application, Justice Vineet Kothari also summoned Mallya to appear before the court on January 29.

02 Dec 2016

PSBs' registered net loss of Rs 17,993cr in FY16: MoS Finance

However, banks have now taken many corrective measures for loan recovery and are supposed to return to profits in next few quarters.

02 Dec 2016

A file photo of Reserve Bank of India | Reuters
RBI seen cutting rates as demonetization rattles economy: Reuters poll

The RBI has chopped rates by 175 bps since January 2015 on a global disinflation trend from lower energy prices and slowing growth.

02 Dec 2016

(File Photo | Reuters)
Sensex slumps 329 pts, Nifty finishes below 8,100

The 50-share NSE Nifty tumbled 106.10 points, or 1.30 per cent, to end at 8,086.80, after moving between 8,159.30 and 8,070.05.

02 Dec 2016

(File Photo | Reuters)
Banks with currency chest need to boost supply for crop: RBI

RBI also said there is a perception that banks with currency chests are giving priority to their own branches to supply cash and asked them to quell the misinformation.

02 Dec 2016

How to Buy Gold Rings for Weddings?

Weddings are without a doubt the most special day of your life. You have waited for that day for a long, long time, anticipating all the highs and the…

02 Dec 2016

For representational pupose (File | Reuters)
Market stabilisation bond issuance limit raised: RBI

The move to raise the limit for MSS bonds during this fiscal year had been expected.

02 Dec 2016

A file photo of Chitra Ramakrishna | Reuters
Chitra Ramkrishna quits as NSE CEO; Ravichandran interim chief

Chitra Ramkrishna, the chief executive officer of the National Stock Exchange, India's biggest bourse, has offered to resign.

02 Dec 2016