India

RBI's moratorium on Yes Bank affects operations of its digital partner PhonePe

The digital payment service provider PhonePe dependent on Yes Bank for processing its transactions was impacted by the moratorium issued by RBI, resulting in service shutdown for long hours.

Mar 6, 2020

Coronavirus facts: Can you catch the virus twice?

Cases of reemergence of COVID-19 in patients discharged after recovery has led scientists to dig deep into coronavirus.

Mar 6, 2020

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

As per the Scheme of Reconstruction, the Reserve Bank invited suggestions and comments from members of the public, including the banks' shareholders, depositors and creditors on the draft scheme.

Mar 6, 2020

Have an account with Yes Bank? Here's what you can do

Retail depositors with their money with Yes Bank across the country are in a state of panic and have been withdrawing money as much as they can.

Mar 6, 2020

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Countering Rahul Gandhi's attack, BJP's Amit Malviya put the blame on former finance minister P Chidambaram.

Mar 6, 2020

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

"I want to assure all the depositors that their money is safe, I am constantly in touch with the Reserve Bank of India (RBI). The steps that are taken are in the interest of the depositors, the bank & the economy," Sitharaman stated.

Mar 6, 2020

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Following the meeting, the SBI chairman assured the depositors that the interest of Yes Bank depositors will be protected and there is no need to panic.

Mar 6, 2020

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

The State Bank of India, which gave "in-principal" nod to buy a stake in the beleaguered private lender, demanded that trading of Yes Bank's shares should be suspended till the announcement of formal restructuring by the Reserve Bank of India.

Mar 6, 2020

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

A notification issued by the finance ministry on March 5 stayed that the "commencement or continuance of all actions and proceedings" against the bank. The withdrawal limits will remain in effect until April 3, 2020.

Mar 6, 2020

Interest rate on PF reduced: How does it affect salaried employees?

Salaried employees will get 0.15 per cent lower returns on provident fund deposits as EPFO slashes interest rates from 8.65 per cent in 2018-19 to 8.50 per cent in FY20.

Mar 6, 2020

Facebook AI tech combats fake account creation

Facebook has an AI-moderation tool that can catch billions of fake accounts

Facebook's AI-tech is already patrolling the social media platform, taking down billions of fake accounts.

Mar 6, 2020

Coronavirus in India latest updates: Ghaziabad man tests positive, total number of cases rises to 30

In national capital Delhi, the rising cases have prompted the government to announce the closure of primary schools till March 30 and a similar measure is likely for the secondary schools once their exams are over.

Mar 6, 2020

Shocking! Kapil Dev feels Virat Kohli's decline has begun

While analysing Virat Kohli's travails in New Zealand, Kapil Dev suggested that the India skipper is experiencing effects of growing age.

Mar 6, 2020

Twitter is testing disappearing posts just like Instagram: What about accountability?

Twitter could soon roll-out Instagram-like stories that disappear after 24 hours of posting.

Mar 5, 2020

OnePlus ends biggest pain-point of mobile repair service in India

OnePlus has announced its new doorstep repair service that will let users have their phones repaired at their home or have it picked up, repaired, and delivered back.

Mar 5, 2020

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India

RBI's moratorium on Yes Bank affects operations of its digital partner PhonePe

Coronavirus facts: Can you catch the virus twice?

YES Bank revival scheme: RBI announces reconstruction plan for capital-starved bank, what it means

Have an account with Yes Bank? Here's what you can do

Rahul Gandhi, Chidambaram react to Yes Bank crisis; Congress, BJP indulge in blame game

Nirmala Sitharaman reacts on Yes Bank crisis: FM assures depositors, says 'Money is safe'

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

Interest rate on PF reduced: How does it affect salaried employees?

Facebook has an AI-moderation tool that can catch billions of fake accounts

Coronavirus in India latest updates: Ghaziabad man tests positive, total number of cases rises to 30

Shocking! Kapil Dev feels Virat Kohli's decline has begun

Twitter is testing disappearing posts just like Instagram: What about accountability?

OnePlus ends biggest pain-point of mobile repair service in India

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh