Banks use secure SWIFT messages for issuing payment instructions to each other.
May 21, 2016
The South American country owes the amount to pharma firms such as Dr Reddy's, Sun Pharma and Glenmark for medicine supplies.
May 19, 2016
According to the income tax data, revealed after 15 years, there were 2.8 crore individual tax assessees during 2011-12.
Apr 30, 2016
A public interest litigation highlighted huge differences in the write-offs reported by banks individually and the RBI.
Apr 26, 2016
A massive leak of confidential documents has revealed how the worlds elite use offshore tax havens to hide billions.
Apr 4, 2016
India needs $100 billion to increase its solar power capacity to 100 gigawatts over next six to seven years.
Apr 1, 2016
Proceeds of the bonds will be used to advance private sector development in India.
Mar 17, 2016
In the past 10 years, the growth in India's ultra-high-net-worth individuals outsmarted its global peers with a 340 percent rise over just 61 percent increase globally.
Mar 3, 2016
According to an RBI spokesperson, the total number of faulty notes is not more than 500.
Jan 21, 2016
Bank of England Governor Mark Carney said on 19 January that he did not have a set timetable for raising British interest rates and wanted to see faster growth and stronger underlying inflation first. Carney said global and domestic growth had proved weaker than he had expected in the middle of the year, when he predicted that a decision on when to raise interest rates would have come into sharper relief by early 2016.
Jan 19, 2016
Chinese stock trading was halted on the first day of trading in 2016 after the CSI 300 Index plunged more than 7 percent.
Jan 4, 2016
The micro finance institution segment would shrink as big 10 would become small finance banks.
Dec 21, 2015
Here are the highlights of the bankruptcy code presented in Parliament on Monday.
Dec 21, 2015
The government will "find another way" to bring benefits of the law to industry, he said.
Dec 20, 2015
Arun Jaitley visited flood-battered Chennai to offer financial aid for the flood-affected victims.
Dec 20, 2015
Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, GoAir, Air India, others performed in December
Gold, silver prices rise sharply over domestic buying, global uncertainty
Rolls-Royce to pay $817 million in penalties to settle bribery charges
India's exports rise 6% in December; trade deficit shrinks sharply
TCS, Infosys Q3 results declared; all eyes now on HCL Tech, Wipro, Tech Mahindra