Sensex down 71 points in early trade on weak global cues
The benchmark BSE Sensex was trading lower by about 71 points to hit a one-month low of 26,171.45 in early trade today, extending losses on sustained ...
Nusli Wadia removed from Tata Steel board
Tata Steel today said its independent director Nusli Wadia has been removed from the company's board, with 90.8 per cent of shareholders present at ye...
RBI modifies circular on depositing over Rs.5000 in banks
The Reserve Bank of India has modified the old currency deposit rules and withdrew the 5000 rupee limit for depositing money in old currency notes for...
Govt asks banks to waives transaction fee on IMPS transfer of over Rs.1,000
Finance Ministry has asked Public Sector Banks to restrict fees on payments through Immediate Payment Service- IMPS and Unified Payments Interface -UP...
RBI modifies rules on deposits over Rs.5000 in old notes
The Reserve Bank of India on Wednesday modified the old currency deposit rules. The RBI in its new notice said that fully KYC compliant account h...
Restrictions on ATM withdrawls to be removed after Dec 30: Santosh Gangwar
Minister of State for Finance Santosh Gangwar has said that the current restrictions on ATM withdrawals will be removed after December 30 and added th...
Sensex moves up 86 points in early trade
The benchmark BSE Sensex rebounded over 86 points in early trade today on fresh round of value buying by investors amid positive cues from other Asian...
Government announces tax benefits for small scale traders
Government has announced tax benefits for small scale businessmen opting e-payments asserting that if a small trader makes digital payment, his presum...
RBI to issue new Rs.500 notes with inset letter in new series
The Reserve Bank of India, RBI will shortly issue 500 rupee banknotes in Mahatma Gandhi New series with the inset letter E having star mark in the num...
Apple Is Discussing Manufacturing in India, Government Officials Say
NEW DELHI— Apple Inc. is discussing with the Indian government the possibility of manufacturing its products in the country, according to two senior g...
Sensex recovers 53 points in early trade
After a four-day fall, the benchmark Sensex recovered over 53 points on fresh buying by investors in blue-chip stocks despite a weak trend in Asia.The...
EPFO lowers interest rate on EPF to 8.65 percent for FY17
The Employees Provident Fund Organisation, EPFO has lowered the interest rate on provident fund deposits to 8 (point)65 per cent for the current fisca...
ED seeks details from 100 co-op banks across country
The Enforcement Directorate (ED) has written to about 100 cooperative bank branches across the country seeking details about activities in their dorma...
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...
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