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  RBI asks banks not to refer to its 2018 circular on virtual currencies

  May 31, 2021 23:27 IST

  The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies.

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  Economic impact of 2nd Covid wave not likely to be large; support needed for recovery: CEA

  May 31, 2021 23:21 IST

  Chief Economic Adviser K V Subramanian on Monday said the impact of the second COVID-19 wave is not likely to be large on the economy but going forward, fiscal and monetary support will be needed to prop up growth. 

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  RBI cancels licence of THIS bank. Check details

  May 31, 2021 22:40 IST

  While cancelling the licence, effective close of business hours on Monday, the RBI said public interest would be adversely affected if the bank is allowed to carry on its banking business any further.

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  AirAsia India extends free cancellation, reschedule facility in lockdown-hit states

  May 31, 2021 22:18 IST

  All AirAsia India guests who booked their flights before the announcement of the lockdown (in these states) can opt to cancel or change to another flight without incurring any change fees or cancellation charges, the airline said in a statement.

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  Reliance Industries shares jump 10 per cent in four days of rally

  May 31, 2021 19:13 IST

  Shares of Reliance Industries are in huge demand, extending its winning run for the fourth day and rallying almost 10 per cent. 

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  Monthly GST return filing deadline extended till June 26

  May 31, 2021 18:32 IST

  The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 is extended by 15 days. The extended due date is June 26, CBIC said.

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  Retail inflation for industrial workers eases to 5.14 per cent in April

  May 31, 2021 18:19 IST

  Retail inflation for industrial workers marginally eased to 5.14 per cent in April compared to 5.64 per cent in March, mainly due to lower prices of certain food items.

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  India's GDP grows 1.6% in Jan-March; shrinks 7.3% in 2020-21

  May 31, 2021 18:10 IST

  ​India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday.  

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  Gold Price Today: Gold rises Rs 195, silver declines Rs 15

  May 31, 2021 16:10 IST

  Gold prices gained by Rs 195 to Rs 48,608 per 10 gram in the national capital on Monday following a gain in the precious metal prices, according to HDFC Securities. 

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  FDI in computer software, hardware jumps threefold in 2020-21

  May 31, 2021 14:20 IST

  Foreign direct investment (FDI) in computer software and hardware jumped over threefold to USD 26.14 billion during 2020-21

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  PNB Housing Finance to raise up to Rs 4,000 cr from Carlyle Group entities, others

  May 31, 2021 13:54 IST

  PNB Housing Finance on Monday said its board has approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants to entities led by Carlyle Group firms.

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  Unlocking Delhi 'illogical', traders urge CM to review decision

  May 31, 2021 12:31 IST

  The traders' body in Delhi showed deep disappointment over the government's move to unlock the national capital, requesting CM Arvind Kejriwal to review the decision.

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  Sensex drops over 185 pts in early trade; Nifty below 15,400

  May 31, 2021 10:26 IST

  Sensex dropped over 185 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, Infosys, TCS and Reliance.

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  New highs! Petrol above Rs 100/L in Mumbai, Rs 94 in Delhi; Check revised rates

  May 31, 2021 10:18 IST

  Monday's hike is the 17th hike in May. Notably, the month of May has seen one of the steepest hikes in petrol and diesel prices this year.

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  Paytm board grants in-principle approval for around Rs 22,000 crore IPO

  May 30, 2021 21:13 IST

  ​Digital payments and financial services firm Paytm has received in-principle approval from the company's board to raise around Rs 22,000 crore through an initial public offer during the October-December quarter this year, according to an industry source.  

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  RBI's new norms to help enhance audit quality, transparency, add value: Experts

  May 30, 2021 19:34 IST

  The Reserve Bank's new norms for auditors will help enhance the overall audit quality as well as transparency, apart from adding to the value to the businesses rather than wasting resources, according to various auditing experts amid concerns expressed by businesses over the new regulations.

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  SBI raises cash withdrawal limits at non-home branches

  May 31, 2021 12:52 IST

  "To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form," the public sector lender said in a tweet.

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  RBI likely to retain benchmark interest rate on Friday, feel experts

  May 30, 2021 15:00 IST

  Reserve Bank of India (RBI) is likely to retain the benchmark interest rate at the existing levels at its upcoming monetary policy review, feel experts

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  Google, Facebook updating website to reflect new grievance officer appointed under IT rules

  May 30, 2021 11:40 IST

  Large digital companies like Google and Facebook have begun updating their websites to reflect the appointment of the grievance officers under the new social media rules that came into effect recently.

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  Petrol price breaches Rs 100-mark in Mumbai; diesel at Rs 92.17 per litre

  May 29, 2021 10:59 IST

  Diesel prices in the city is also the highest among metro cities at Rs 92.17 per litre, increasing by 30 paise from previous level on Saturday.

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  Economy in better shape this year as compared to 2020, says Revenue Secretary

  May 28, 2021 23:15 IST

  Revenue Secretary Tarun Bajaj on Friday said the economy has not suffered as much this year amid the second wave of COVID-19 as compared to last year when there was complete lockdown.

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  GST Council exempts duty on import of medicine used for black fungus treatment

  May 28, 2021 21:27 IST

  The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged but exempted duty on import of a medicine used for treatment of black fungus.

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  Reliance Industries shares zoom 6%

  May 28, 2021 20:18 IST

  Shares of Reliance Industries, the country's most valuable company by market valuation, on Friday were in heavy demand and closed with a jump of 6 per cent. 

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  RBI imposes Rs 10 crore fine on HDFC Bank

  May 28, 2021 20:17 IST

  The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Act, the apex bank said.  

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  SBI Alert! State Bank of India warns customers against THIS FRAUD. Details

  May 28, 2021 19:41 IST

  SBI Bank Alert: The State Bank of India (SB), India's largest lender, has cautioned against fraudulent calls requesting KYC Verification. The State Bank has advised its customers to refrain from sharing any sensitive details online or offline.

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  HDFC Bank to set up medical infrastructure for COVID relief

  May 28, 2021 17:52 IST

  The measures comprise setting up permanent medical infrastructure such as Oxygen plants, medical equipment, and ICU facilities, in addition to providing medical supplies to hospitals across India.

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  HDFC Bank commits Rs 100 crore towards COVID relief in FY22

  May 28, 2021 16:42 IST

  HDFC Bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan.

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  Gold Price Today: Gold declines Rs 205, silver jumps Rs 61

  May 28, 2021 16:18 IST

  Gold price fell by Rs 205 to Rs 47,910 per 10 gram in the national capital on Friday in line with selling in global precious metals and rupee appreciation, according to HDFC Securities.