Finance

7th Pay Commission: Bad news for staff and pensioners of autonomous bodies as their pay revision may be delayed further

The Confederation of Central Government Employees and Workers (CCGEW) has already taken up the matter of the delay with the Centre.

Dec 25, 2016

Delhi Metro Corporation Limited (DMRC), delhi metro, delhi police, cisf

PM Modi accused of bribery again as 10 Delhi Metro stations go cashless with Paytm from January 1

Former AAP member and Swaraj Abhiyan founder Prashant Bhushan tweeted that the Prime Minister had taken bribes, and Arvind Kejriwal retweeted it.

Dec 24, 2016

SBI Buddy vs Paytm: SBI's 'desi' Buddy takes on 'somewhat Chinese' Paytm with banner of patriotism

SBI says its Buddy app is more secured, charges way less and is partly-owned by the government of India unlike Paytm, in which China's Alibaba has a stake.

Dec 23, 2016

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

As per this key member of the US Federal Reserve, more hikes would be required to contain any spike in inflation.

Dec 17, 2016

Lower transaction fee not to impact banks: Indian Banking Association

In a notification on Friday, RBI lowered charges on transactions up to Rs 2,000 to encourage digital payments.

Dec 17, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

Life insurers gain from demonetisation; LIC's premium collection more than doubles in November

Total premium collections of LIC stood at Rs 12,528 crore in November against Rs 5,182 crore in the same month last year. Private life insurers also posted growth.

Dec 14, 2016

Arun Jaitley hints at lower taxes following demonetisation, but here's why it may not happen

Jaitley says demonetisation would enable the government to make taxes more reasonable with both direct and indirect taxes involved.

Dec 13, 2016

RBI not in favour of government's move to cut card payment charges

The RBI argued that any reduction in card transaction charges will make the business model unsustainable for banks.

Dec 12, 2016

Indian insurers rush to buy bank capital after rule change

Insurance Regulatory Authority of India has allowed insurers to invest in AT1 rupee bonds with local ratings of AA and above.

Dec 12, 2016

OPEC, non-OPEC agree first global oil pact since 2001

Last week, OPEC agreed to slash output by 1.2 million barrels per day from January 1.

Dec 11, 2016

demonetisation raids karnataka corruption fraud notes banks bureaucrats raids income tax acb police bengaluru exchange commission nexus contractors

RBI asks banks to deploy maximum new Rs 500 notes in ATMs

The central bank wants to ensure wider and equitable distribution of these currencies, which is only possible if maximum amount is given through ATMs.

Dec 10, 2016

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

This transaction paves the way for the life insurer to go for public listing in the next financial year.

Dec 10, 2016

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Banks are likely to lose around Rs 1,000 crore due to fees waiver on card transactions till December end of this year.

Dec 9, 2016

Associate banks of SBI to unveil voluntary retirement schemes soon

To expedite the process of merger with SBI, the associate banks of the country's largest lender are likely to come out with VRS in the near future.

Dec 9, 2016

rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

The central bank also said that defunct notes worth Rs 11.85 lakh crore have been returned to the banking system.

Dec 9, 2016

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Finance

7th Pay Commission: Bad news for staff and pensioners of autonomous bodies as their pay revision may be delayed further

PM Modi accused of bribery again as 10 Delhi Metro stations go cashless with Paytm from January 1

SBI Buddy vs Paytm: SBI's 'desi' Buddy takes on 'somewhat Chinese' Paytm with banner of patriotism

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

Lower transaction fee not to impact banks: Indian Banking Association

Life insurers gain from demonetisation; LIC's premium collection more than doubles in November

Arun Jaitley hints at lower taxes following demonetisation, but here's why it may not happen

RBI not in favour of government's move to cut card payment charges

Indian insurers rush to buy bank capital after rule change

OPEC, non-OPEC agree first global oil pact since 2001

RBI asks banks to deploy maximum new Rs 500 notes in ATMs

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Associate banks of SBI to unveil voluntary retirement schemes soon

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]