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  RBI receives complaints against 1,509 digital lending apps

  February 08, 2021 21:41 IST

  The RBI has received complaints against 1,019 unregistered or unregulated digital loan applications and 490 registered NBFCs that are engaged in digital lending, Minister of State for Finance Anurag Singh Thakur said.

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  5G to roll out in India by early-2022; parliamentary panel pulls up DoT for delay

  February 08, 2021 20:55 IST

  The government expects that the roll-out of 5G services will begin in early-2022 after another round of spectrum auction that is planned to be held after six month, according to a panel report tabled in Parliament on Monday.

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  Tesla buys $1.5 billion in Bitcoin, will accept as payment soon

  February 08, 2021 20:30 IST

  ​Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon.  

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  Delhi Cooperative Housing Finance Corporation slashes interest rates on housing loans

  February 08, 2021 19:38 IST

  In a good news for home buyers, the Delhi Cooperative Housing Finance Corporation Limited has slashed interest rates on housing loans from 7.45 per cent to 6.75 per cent, an official statement said on Monday. 

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  Markets scale fresh peaks; Sensex rallies 617 points to close above 51,000-mark

  February 08, 2021 17:07 IST

  Extending its winning streak to the sixth session, equity benchmark Sensex rallied 617 points to end above the 51,000-mark for the first time on Monday, tracking strong gains in Infosys, ICICI Bank and Reliance Industries amid a positive trend in global markets.

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  Gold Price Today: Gold rises Rs 94; silver jumps Rs 340

  February 08, 2021 15:50 IST

  Gold prices rose by Rs 94 to Rs 46,877 per 10 gram in the national capital on Monday, halting the five-day rally, supported by recovery in international prices, according to HDFC Securities.

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  Visa announces grants for women-owned businesses in India

  February 08, 2021 14:50 IST

  Visa on Monday announced the recipients of its grant programme in India to boost women entrepreneurship globally and empower budding businesswomen.

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  Sensex rallies over 600 points to hit record high; Nifty tops 15,100

  February 08, 2021 10:23 IST

  Equity benchmark Sensex rallied over 600 points to scale fresh lifetime high in early trade on Monday tracking strong gains in index majors ICICI Bank, HDFC Bank and M&M amid a positive trend in global markets.

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  Govt to work with RBI for execution of bank privatisation plan: Nirmala Sitharaman

  February 07, 2021 16:53 IST

  Finance Minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced in the budget. 

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  Delhi Metro facing financial distress owing to Covid pandemic

  February 07, 2021 12:54 IST

  The Delhi Metro Rail Corporation (DMRC) has been facing financial stress with losses to the tune of Rs 1,500 crore during the heydays of the pandemic induced lockdown.

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  11 merchant bankers in fray for managing govt’s 26.12% stake sale in Tata Comm

  February 07, 2021 12:06 IST

  The merchant bankers would be making presentations before the officials of the Department of Investment and Public Asset Management on February 9,

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  Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among other buyers

  February 07, 2021 11:29 IST

  Reliance and its partner UK's BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.

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  Four more states complete ease of doing business reforms

  February 07, 2021 9:27 IST

  Four more states -- Assam, Haryana, Himachal Pradesh, and Punjab have undertaken "Ease of Doing Business" reforms stipulated by the finance ministry.

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  Beer to cost less in Rajasthan from April 1

  February 07, 2021 7:41 IST

  Here is some news that will cheer the tipplers in Rajasthan. As per the state excise policy for 2021-22 declared on Saturday, beer shall be available at a cheaper rate from April 1 onwards.

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  Beer to get cheaper in Rajasthan from April 1, price to drop by Rs 30-35

  February 06, 2021 23:15 IST

  The new excise policy announced reduction in additional excise duty and MRP on beer, which will bring down its price by Rs 30-35. Also, there will be no more Covid surcharge on all excise items, except Indian-made foreign liquor (IMFL) and bottled-in-origin (BIO) or imported liquor.

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  Covid innovation: Smart switchable window in Howrah-New Delhi Rajdhani

  February 06, 2021 17:08 IST

  Amid the Covid pandemic, the railways decided to remove curtains from the air-conditioned coaches of the trains, which led the national transporter to come up with a new innovation of smart switchable windows to cut constant light from outside and external heat.

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  Punjab National Bank to raise Rs 3,200 cr from share sale this quarter

  February 06, 2021 14:19 IST

  The bank has raised Rs 3,788.04 crore from qualified institutional placement (QIP) in December following which the government holding in the bank came down from 85.59 per cent to 76.87 per cent.

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  Call for Bharat Ratna award: Ratan Tata requests people to stop social media campaign

  February 06, 2021 12:40 IST

  The Chairman Emeritus of the over USD 100 billion conglomerate Tata group asked social media users to stop the campaign that asked the government to confer on him the highest civilian award of the country.

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  IRCTC to run 4 pilgrim special trains from Rajkot. Check details

  February 06, 2021 10:50 IST

  Rahul Himalayan, the group General Manager of IRCTC Western Zone, said: "All the four trains will commence from and terminate in Rajkot. Two pilgrim special trains will start from February.

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  IRCTC launches its online bus booking services

  February 06, 2021 7:02 IST

  The IRCTC has tied up with more than 50,000 state road transport as well as private bus operators covering 22 states and three union territories for proving the online bus booking services to the customers.

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  Brookfield India REIT initial public offer subscribed 8 times

  February 05, 2021 20:21 IST

  The initial public offer of Brookfield India Real Estate Investment Trust (REIT) got subscribed 8 times on the final day of subscription on Friday. It received bids for 60,59,44,400 units against 7,62,78,200 units on offer.

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  Property rates in Delhi to go down as govt reduces circle rate by 20 per cent

  February 05, 2021 23:22 IST

  The Delhi cabinet-led by Chief Minister Arvind Kejriwal on Friday decided to reduce present circle rates related to residential/commercial/industrial properties in Delhi by flat 20 per cent across all categories of colonies and areas. The move will be effective from Sept 30, 2021.

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  Sensex, Nifty end at fresh records after RBI policy outcome

  February 05, 2021 16:37 IST

  Extending its winning run to the fifth session, equity benchmark Sensex jumped 117 points on Friday after the Reserve Bank kept interest rates unchanged but continued its accommodative stance to revive growth. 

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  Gold Price Today: Gold declines Rs 163; silver jumps Rs 530

  February 05, 2021 15:59 IST

  Gold prices declined by Rs 163 to Rs 46,738 per 10 gram in the national capital on Friday, recording fall for the fifth consecutive day amid rupee appreciation, according to HDFC Securities.

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  PM SVANIDHI scheme: After Swiggy, Centre, Zomato pact on home delivery of street food

  February 05, 2021 14:52 IST

  In a statement MoHUA said that initially MoHUA and Zomato will run a pilot program by on-boarding 300 vendors across six cities namely - Bhopal, Ludhiana, Nagpur, Patna, Raipur, Vadodara.

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  RBI says all 18,000 banks to have Cheque Truncation System by September

  February 05, 2021 15:50 IST

  The central bank also said it will set up a 24x7 helpline for digital payments services to secure them more against fraud and phishing.

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  RBI allows retail investors to open G-Sec accounts to directly participate in government securities

  February 05, 2021 13:32 IST

  Reserve Bank of India will allow retail investors to directly participate in government securities. Retail investors can now open Gilt or G-Sec accounts with the central bank.

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  SBI ATM rules changed! Customers must take note of THIS before withdrawing cash

  February 05, 2021 13:35 IST

  Top banks like ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Yes Bank and others charge a failed ATM transaction fee owing to insufficient balance in your account.