Business news

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

sms-ticketing-service-by-irctc-to-be-launched-on-1-july

Banks may be charging a flat fee for SMS alerts -- illegally

The uniform billing by some of the lenders for SMS alerts is against the Reserve Bank of India's advisory.

Apr 5, 2018

Bitcoin price falls below $7,000: Will it rebound?

As government watchdogs around the world more closely scrutinize the crypto sector, cryptocurrencies are facing uncertainty and the price of bitcoin fell below $7,000 on Wednesday.

Apr 5, 2018

Five payments banks in India: Know how they differ

Here is the list of five payments banks in India in 2018 and it's key features.

Apr 5, 2018

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm set to sell mutual funds via a new app

Paytm, owned by One97 Communications, is now planning to launch services including mutual funds, general insurance, life insurance and a number of banking services via its payments bank.

Apr 5, 2018

india electricity, china india relations, china electricity

More pain ahead: Indian banks stare at Rs 2.5 trln new bad loans

Power sector has been a major concern in India, due to decline in fiscal health of State Electricity Boards.

Apr 5, 2018

vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown

Vistara can now start global operations, gets its 20th aircraft

According to government's 0/20 rule, an airline should have at least 20 aircrafts in its fleet before being allowed to fly internationally.

Apr 4, 2018

Ethereum takes no. 1 spot in India as crypto regulations haunt Bitcoin

The repeated cautionary circulars from the central bank and government authorities have taken a toll on Bitcoin's popularity in India, according to a research.

Apr 4, 2018