Business news

While India is buying planes by hundreds, China is creating an industry

India's aviation market is expected to surpass that of China in the next 10 to 15 years, but there's little done in terms of setting up indigenous manufacturing units to meet the burgeoning demand.

Apr 9, 2018

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Check list of 11 public sector banks under RBI scanner over NPAs

Government sources reportedly confirmed that more banks are expected to be brought under the Prompt Corrective Action (PCA) framework because of deteriorating performance.

Apr 9, 2018

Six finance related jobs to make money from home

There is a long list of finance-related jobs that can be done from the comfort of sitting at home, from full-time corporate positions to freelance writers

Apr 9, 2018

some-of-bitcoin-enthusiast-mike-caldwells-coins-are-pictured-at-his-office-in-sandy-utah-september-17-2013-caldwell-produces-physical-coins-bitcoins-which-have-been-around-since-2008-and-have-become-a-form-of-electronic-money-that-can-be-exchanged-w

Petition against India's crackdown on cryptocurrencies gains 17,000 signatures

According to the petition, the RBI's decision could lead to an increase of irregular cash trading of cryptocurrencies in India.

Apr 9, 2018

RBI's cryptocurrency clampdown: What happens to your Bitcoin investment?

The government has already cautioned the public over cryptocurrencies, and the RBI has declared that it does not consider bitcoins and others as legal tender.

Apr 9, 2018

Following RBI's crackdown, cryptocurrency exchanges look to shift base abroad

The Reserve Bank of India has banned all financial firms from dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies.

Apr 9, 2018

Personal Finance: Tax-saving ideas for new fiscal year

As we enter into a new financial year, lets take a look at some of the key tax saving instruments that meets our goals and needs.

Apr 7, 2018

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Markets weekahead: U.S. trade war, macro data, Zuckerberg testimony

The Indian markets will focus on macro-economic data, fourth-quarter earnings and Facebook CEO Mark Zuckerberg's testimony to Congress in the coming week.

Apr 7, 2018

Reliance Jio's entry helped India save $10 billion a year: Report

The report predicted that Reliance Jio could help increase India's per capita GDP by about 5.65 percent, if the economic conditions remained the same.

Apr 6, 2018

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Is a bank run in the making?

Stampedes are not created by those who live by hope but by the poor, spooked souls rushing to the exits.

Apr 6, 2018

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Is RBI planning to launch its own cryptocurrency code-named Lakshmi?

If introduced, Lakshmi would run on an implementation of the blockchain technology, which is the backbone of digital currencies like bitcoins.

Apr 6, 2018

Indian yoga guru Ramdev gestures to his supporters at the Ramlila grounds during his agitation against corruption and black money in New Delhi on Aug. 9, 2012.

Baba Ramdev unveils new game plan: To launch Patanjali garments in 2019

Patanjali, which is one of the fastest-growing companies in India, is all to enter into the garment manufacturing business next year.

Apr 6, 2018

ICICI Bank enables NRIs to send money via WhatsApp, e-mail

Christened Social Pay, this first-of-its-kind service by any Indian bank is available on the lender's Money2India (M2I) app for remittances.

Apr 6, 2018

Billionaire Tim Draper says bitcoin should be national currency for India

The long-time bitcoin fan believes India will benefit a lot from cryptocurrencies and blockchain as it will enable government to become more transparent and efficient.

Apr 6, 2018