Other Stories

India presses Iran to award Farzad-B field to OVL

OVL will earn a fixed rate of return and get to recover all the investment it has made in the field development.

04 Dec 2016

Image for representational purpose only. (Reuters)
Jio opposed to PoI discussion at association forum: COAI

Reliance Jio submitted that COAI has no role to play in the matter.

04 Dec 2016

For representational purpose
India takes pride of place, crosses $300 billion FDI milestone

India received USD 101.76 billion from Mauritius between April 2000 and September 2016.​

04 Dec 2016

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

04 Dec 2016

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.

04 Dec 2016

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

03 Dec 2016

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

03 Dec 2016

The headquarters of German chip equipment maker Aixtron SE is pictured through a security fence in Herzogenrath near the western German city of Aachen | Reuters
US moves to block Chinese purchase of German tech firm Aixtron

The Treasury statement Friday said the CFIUS panel was not opposed to foreign investment and was only focused on national security issues.

03 Dec 2016

Image for representation purposes only. (File Photo)
RBI may cut interest rate by 50 bps on December 7: HDFC CEO 

"Taking into account relatively low inflation that we are seeing, it could be possible that RBI could look at a 50 bps cut," said Mistry. 

03 Dec 2016

Telangana: A large number of ATMs in the city remained dysfunctional as the re-caliberation process drags on.
Digital banking may eat into ATM business

ATMs are cash-vending machines and operators are paid on a per transaction basis.

03 Dec 2016

Finance Minister Arun Jaitley speaking on the impact of demonetisation at the HT Leadership Summit held in New Delhi on Saturday | PTI
Cash crunch will ease past December 30: Finance Minister Jaitley

Finance Minister acknowledges that impact from demonetisation on the economy will last for a quarter, but move to prove beneficial in long term

03 Dec 2016

The proposed goods and services tax will subsume excise, service tax and local levies. (File Photo)
Constitutional obligation to roll out GST by Sept 16

Jaitley cited constitutional compulsion to drive home the point that the Goods and Services Tax has to rolled out before September 16 next year.

03 Dec 2016

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