Yes Bank crisis to hit LIC customers
Ahead of the March 31 tax deadline, lakhs of LIC customers might see disruption as the Life Insurance Corporation of India’s nodal bank for NACH debit and cheque clearance is…
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Ahead of the March 31 tax deadline, lakhs of LIC customers might see disruption as the Life Insurance Corporation of India’s nodal bank for NACH debit and cheque clearance is…
Oil price shocks always divide the world’s economies into winners and losers, sometimes producing lasting geopolitical change. But to misquote Tolstoy, every oil crisis distributes happiness and unhappiness in its…
Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the country’s new commodities minister said on Wednesday. The…
Just 92 days between Oct 1, 2019 and Dec 31, 2019, saw cybercriminals make away with nearly Rs 128 crore in frauds relating to debit and credit cards and net…
Petrol prices slipped below Rs 71-mark for the first time in eight months on Monday as India looks set to reap a windfall from a price war among oil producers…
The first day of universal screening saw 76,670 passengers flying in on 557 countries to India on Friday (March 6) being checked for coronavirus symptoms. Of these, 24 were referred…
The Reserve Bank of India’s decision to place a 30-day moratorium on Yes Bank and cap withdrawals at Rs 50,000 created a scurry as panicked depositors queued up at the…
British telecom major Vodafone on Friday assured the government that it wants to stay invested in India and does not want to call it quits as it faces massive dues…
So with the coronavirus illness that broke out in China going global, hoteliers are not very worried about its impact on the business as foreign travellers do not account for…
In the country’s biggest ever privatisation drive, the government on Saturday invited bids for sale of its entire 52.98 per cent stake in India’s second biggest oil refiner Bharat Petroleum…
An unexpected fallout of the Reserve Bank of India’s moratorium on Yes Bank was a disruption of the Unified Payments Interface (UPI) offered by fintech firms, which accounts for the…
Vodafone Global CEO Nick Read has told the government that the company wants to make a new and good beginning in India, according to sources. Read — who met finance…
While some banks like Karnataka Bank, IDBI and Karur Vysya Bank have started supporting their payments, others are waiting for an official circular from the RBI to go ahead. However,…
Hand sanitizer makers have seen up to 10-fold jump in demand, as the number of coronavirus cases in India is on the rise. The companies have increased the production amid…
The Reserve Bank on Thursday imposed a moratorium on the capital-starved Yes Bank and capped withdrawals at Rs 50,000 per account till further orders. The board of Yes Bank has…
Authorities may deploy some of the stockpile to steady the rupee, which has tumbled more than 2% over the past week as more locals are diagnosed with the coronavirus. The…
A UK court on Thursday rejected for the fifth time the bail plea of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India on charges over the…
The Reserve Bank of India (RBI) will be proactive in dealing with threats stemming from the coronavirus outbreak and will have assessed the potential impact on India by the next…
Passengers traveling to India from or after having visited Italy or South Korea will need to carry a medical certificate saying they are not infected with coronavirus. This will come…
The Supreme Court on Wednesday allowed a plea challenging the Reserve Bank of India’s (RBI’s) 2018 circular which barred banks from trading in cryptocurrencies.
IndiGo has quarantined its crew who flew a passenger who tested positive for the virus from Dubai to India. Air India (AI), which did the same with its crew of…
The Directorate General of Civil Aviation (DGCA) has made it mandatory for aircraft flying in from Italy, South Korea and Japan to India to be disinfected thoroughly. All incoming passengers…
As Vodafone Idea faces a survival battle due to the massive AGR (adjusted gross revenue) bill of over Rs 53,000 crore, Vodafone’s global CEO Nick Read will be visiting India…
The government has worked out a production-linked incentive (PLI) package of nearly Rs 42,000 crore for those making mobile phones and their components in India. Companies making and selling high-end…
Malaysia and India will work on improving ties that soured under former Malaysian Prime Minister Mahathir Mohamad and badly affected palm oil trade between the countries, officials from both nations…
The central government on Monday permitted airlines operating in India to provide in-flight Wi-Fi services to passengers, according to an official notification.
Union minister Anurag Thakur was addressing a press conference after meeting stakeholders from various trades and industries during an interactive session organised by the Income Tax department in collaboration with…
Video consumption using 4G mobile technology drove data traffic in India last year, with an average of 70 minutes a day spent on over-the-top (OTT) platforms on phones. Monthly data…
The GDP growth will stay flat at 4.5 per cent in the October-December 2019, economists at SBI said on Wednesday, two days ahead of the release of official data. They…
Apple Inc will open its first physical retail store in India in 2021, chief executive Tim Cook said. He said Apple would start selling its products online in the country…