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A 59-year old woman transformed her appearance through plastic surgery in order to avoid $3.71 million of personal debts. (Photo: Pixabay)Business
Total govt liabilities rise to Rs 79.8 lakh crore in Q1: FinMin report

Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years.

8 Sept 2018 10:26 AM IST

A farmhand, K. Subbaiah has been doing rounds of the offices of district authorities and ruling party leaders to replace burnt currency notes worth Rs 4.85 lakh.Business
Reserve Bank of India tweak norms for exchange of defective currency

Public can exchange banks mutilated or defective notes at RBI offices and designated bank branches across the country.

7 Sept 2018 6:35 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Current account deficit eases marginally to 2.4 pc of GDP in Q1...

In value terms, the CAD was higher at USD 15.8 billion in April-June this year.

7 Sept 2018 6:15 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.Business
RBI fines Union Bank Rs 1 crore for delay in fraud detection,...

However, the bank said that the amount of the penalty is not material considering the size of the bank.

7 Sept 2018 3:16 PM IST

State Bank of IndiaBusiness
State Bank of India says Anshula Kant appointed MD

Kant will remain in the position until the date of her superannuation on September 30, 2020 or until further orders, SBI...

7 Sept 2018 2:48 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI defends 72 rupee per dollar mark strongly: dealers

After briefly slipping to 72.04 to the dollar in early trade, the Indian rupee stayed above the 72 mark for most of the...

7 Sept 2018 1:55 PM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.Business
Airtel Payments Bank enables card-less cash withdrawal at ATMs

Airtel Payments Bank has partnered with Empays, a global provider of cloud based payment solutions.

7 Sept 2018 12:42 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)Business
Govt makes Jan Dhan Yojana open-ended scheme, doubles overdraft limit

Arun Jaitley said 53 pc of PMJDY account holders are women, while 83 pc of accounts are seeded with Aadhaar.

7 Sept 2018 10:47 AM IST

On the gross basis, the government plans to borrow Rs 6.05 lakh crore in FY19, which included Rs 2.88 lakh crore borrowed in the first six months.Business
Govt likely to borrow Rs 50,000 cr less in second half of this...

Government planned to reduce borrowings for October-Ma¬r¬ch by trimming bond buyback programme.

7 Sept 2018 9:10 AM IST

The fluctuating dollar cost only makes life harder as the rupee rate is falling. Every dollar is our 69 plus, making each dollar a crude sum.Business
Rupee breaches 72 against dollar

Analysts foresee possibility of Rs 75 a dollar.

7 Sept 2018 12:27 AM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)Business
Rupee crashes below 72-mark for the first time ever against US dollar

Investors remained concerned over sustained foreign capital outflows.

6 Sept 2018 1:24 PM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)Business
Rupee pares gains, slips 7 paise to reach 71.82 against US dollar

Rupee continued to be ruled by speculation, pressured by crisis in emerging market currencies.

6 Sept 2018 12:01 PM IST

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