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  Innovative India must capture all segments of financial market to fuel growth: IMF

  April 12, 2021 12:34 IST

  India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and institutions to make sure that every piece fits together like a puzzle to fuel growth in the country, according to a top IMF official.

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  Flipkart, Adani Group ink pact; to create 2,500 direct jobs

  April 12, 2021 11:23 IST

  Flipkart will set up its third data centre at Adaniconnex's Chennai-based facility, leveraging the latter's expertise and industry-leading data centre technology solutions.

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  Sensex nosedives over 1,400 points in early trade; Nifty tests 14,400

  April 12, 2021 10:01 IST

  Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.

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  SBI collects Rs 300 crore from zero balance accounts for certain services in 5-year: Study

  April 11, 2021 17:42 IST

  Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay has revealed. 

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  Govt may hike FDI limit in pension sector to 74%; Bill likely in monsoon session

  April 11, 2021 14:12 IST

  The government may hike the foreign direct investment (FDI) limit in the pension sector to 74 percent and a Bill in this regard is expected to come in the next Parliament session, according to sources.

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  Shriram Properties files draft papers with Sebi to launch Rs 800 cr IPO

  April 10, 2021 12:59 IST

  As per DRHP, the company proposes to raise up to Rs 800 crore through IPO. Out of the total IPO size, it plans to raise Rs 250 crore through fresh issue of equity shares and Rs 550 crore through offer for sale.

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  McDonald's India to operate 24/7 for contactless McDelivery in Mumbai

  April 09, 2021 16:05 IST

  Westlife Development, which operates McDonald's restaurants in southern and western region in India, on Friday said the quick-service brand's restaurants will operate 24/7 for contactless delivery from select stores in Mumbai. 

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  Gold Price Today: Gold rises Rs 97; silver declines Rs 275

  April 09, 2021 15:53 IST

  Gold prices gained Rs 97 to Rs 46,257 per 10 gram in the national capital on Friday supported by rupee depreciation, according to HDFC Securities.

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  After Facebook, LinkedIn now faces massive 500 million users' data leak

  April 09, 2021 12:40 IST

  The leaked data up on sale includes LinkedIn IDs, full names, email addresses, phone numbers, genders, links to LinkedIn profiles, links to other social media profiles, professional titles and other work-related data

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  Mad about online shopping? Try these 5 tips to save maximum money

  April 09, 2021 11:32 IST

  A right deal in online shopping can result in significant savings and preserve the joy of shopping. Try these 5 tricks to save your money.

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  Withdraw cash from ATM without using Debit card, Know how

  April 09, 2021 10:28 IST

  The company is providing UPI-enabled interoperable cardless cash withdrawing system in the country. Under this system, anyone can withdraw cash from the ATM by just scanning the QR Code through the UPI App.

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  Sensex drops over 150 points in early trade, Nifty below 14,850

  April 09, 2021 10:14 IST

  The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 per cent to 14,829.70.

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  Infosys wins bid for ArcelorMittal's digital transformation

  April 09, 2021 8:30 IST

  Infosys will work with London-based steel and mining firm's European arm and share its best practice to optimise, stabilise and transform its IT landscape.

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  Buying property in Gurugram gets costlier as circle rates hiked

  April 08, 2021 17:55 IST

  ​Buyers in Gurugram now will have to spend extra money while purchasing properties in upscale condominiums, licensed colonies and builder floors at the Haryana Shahari Vikas Pradhikaran (HSVP) sectors. 

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  SBI Home Loan BIG Update: Check the latest detail on interest rates

  April 08, 2021 15:53 IST

  SBI Home Loan interest rate starts at 6.95 per cent. 

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  Get Rs 2 lakh loan from Paytm in 2 minutes, Know how

  April 08, 2021 14:42 IST

  Paytm Loan In 2 Minutes: Paytm is offering loan up to Rs 2 lakh to its customer in just 2 minutes without any physical documentation or verification.

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  PM Kisan Samman Nidhi 8th installment of Rs 2,000 to be released soon

  April 08, 2021 13:28 IST

  The 8th installment of Rs 2,000 of PM Kisan Samman Nidhi will be released soon. The Modi government provides a financial assistance of Rs 6,000 per year to farmers.

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  Aditya Birla Capital plans IPO for its mutual fund business

  April 08, 2021 14:56 IST

  Aditya Birla Capital is planning for IPO of its mutual fund business -- Aditya Birla Sun Life Asset Management Company.

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  Bring policy to refund 'interest on interest' charged during moratorium period: RBI asks NBFCs

  April 08, 2021 12:38 IST

  SC last month ruled that no penal or compound interest would be charged on any loans, including those above Rs 2 crore, during the six-month moratorium announced by govt against Covid backdrop.

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  Aadhaar PVC Card available online for Rs 50, Know how to apply

  April 08, 2021 12:45 IST

  Aadhaar PVC Card is easy to carry and durable. It has good printing quality and lamination. The card can be easily carried just like an ATM, debit or credit card.

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  Faster global growth driven primarily by US, China and India: World Bank

  April 08, 2021 8:50 IST

  David Malpass said it's also the concern of inequality in terms of vaccinations and median income that's not going up very fast for some countries.

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  Govt approves Rs 6,238 cr PLI scheme for air-conditioners, LED lights

  April 07, 2021 17:25 IST

  The government on Wednesday approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of Rs 6,238 crore.

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  Salasar launches heavy structural steel manufacturing unit in UP, to generate 1,000 jobs

  April 07, 2021 15:20 IST

  Salasar Techno Engineering's new plant in Hapur will give employment to more than 1000 people including contracted labor.

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  NEFT, RTGS money transfer services extended beyond banks: RBI Governor Shaktikanta Das

  April 07, 2021 16:21 IST

  NEFT, RTGS money transfer services has been extended to payments banks by the RBI.

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  Reserve Bank of India retains GDP growth forecast at 10.5% for FY22

  April 07, 2021 14:31 IST

  The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. 

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  RBI to mandate interoperability among prepaid payments instruments: Shaktikanta Das

  April 07, 2021 14:10 IST

  Governor Das said prepaid payments instruments (PPIs) were given the option to become interoperable, wherein customers of one company can send funds to customers of other PPIs or banks. 

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  Payment banks' balance limit hiked from Rs 1 lakh to Rs 2 lakh with immediate effect

  April 07, 2021 13:57 IST

  Payments banks are just like any other bank, but operate on a smaller scale. RBI has hiked the maximum deposit limit from Rs 1 lakh to Rs 2 lakh. 

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  RBI to set up panel to undertake comprehensive review of Asset Reconstruction Companies

  April 07, 2021 14:03 IST

  After enactment of SARFAESI Act in 2002, regulatory guidelines for ARCs were issued in 2003 to enable development of this sector and to facilitate smooth functioning of companies.