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Reserve Bank Of India

RBI places order to print currency as per requirement: Govt

Government today said the RBI monitors currency requirement on a regular basis and accordingly places order for...

2 Dec 2016 3:28 PM IST

Bank officials said that 56 out of the 57 ATMs of Canara Bank in the district were recalibrated by Monday evening while most of the ATMs of State banks (SBT and SBI) have been recalibrated.

Remove cap on cash withdrawal for industries: Assocham

Industry body says there is no scope of misuse as these transactions are properly recorded and audited.

2 Dec 2016 3:15 PM IST

The industry lobby group has also requested the government to restructure bank loans repayment schedule for a large number of industries, especially the small scale sector, which has been hit hard by the ban on high value notes last month.

Remove cap on cash withdrawal for industries: Assocham

Assocham said there is no scope of misuse as these transactions are properly recorded and audited.

2 Dec 2016 3:11 PM IST

Navy chief Admiral Sunil Lanba. (Photo: PTI)

No submarine deployed in Pakistani waters, says Navy chief

Last Thursday, Pakistan naval chief had termed as 'unusual' an alleged effort by an Indian submarine to enter its...

2 Dec 2016 3:09 PM IST

AAP MP Bhagwant Mann. (Photo: PTI)

LS panel probing Bhagwant Mann issue gets 1-week more to submit report

The nine-member panel, chaired by BJP member Kirit Somaiya, has now been granted time till December 9.

2 Dec 2016 3:04 PM IST

AIADMK government on Wednesday said Centres demonetisation decision would hit its crop loan target for the year. (Photo: PTI/Representational)

Note ban: Spell out steps taken to ease problems in rural areas, SC...

AG Mukul Rohatgi said that the government has deliberately kept cooperative banks out of the demonetisation drive.

2 Dec 2016 2:59 PM IST

In September, investors pulled out Rs 77 crore from Gold ETFs taking the total withdrawal to Rs 539 crore in the first six months of the current fiscal. (Photo: Pixabay)

No proposal to cut import duty on gold: Govt

During April-October 2016-17, exports declined marginally by 0.2 per cent.

2 Dec 2016 2:43 PM IST

There are a total of nearly 2.59 lakh cases pending adjudication before commissioners income tax (appeal) and it is estimated that each would have some 400 cases pending before them.

Rs 152 crore unaccounted income detected in IT raids from Bengaluru,...

The department also recovered 7 kg bullion and jewellery weighing 9 kg, worth Rs 5 crore, after these operations.

2 Dec 2016 2:43 PM IST

TMC member Derek O Brien speaks in the Rajya Sabha in New Delhi on Thursday. (Photo: PTI)

Oppn seethes over Army presence in Bengal, govt says don't play...

West Bengal CM Mamata Banerjee has been staging a 'dharna' in the Secretariat demanding withdrawal of the Army.

2 Dec 2016 2:18 PM IST

The team will tour the districts for two days and examine the currency availability in banks, ATMs and post offices. (Representational image)

Airtel Payments Bank offers talk time with new savings accounts

Benefit for every rupee deposited by customers applicable on first time deposits only.

2 Dec 2016 2:09 PM IST

In Kolkata, Ola has partnered with Punjab National Bank (PNB), while for Hyderabad, it has collaborated with SBI and Andhra Bank.

Ola partners HPCL, IOCL for payments through mobile wallet

OLA users can now pay for their fuel with Ola Money on Verifone-enabled PoS devices in any of these fuel stations.

2 Dec 2016 1:59 PM IST

Defence Minister Manohar Parrikar at Parliament House during the winter session, in New Delhi. (Photo: PTI)

No firm blacklisted for misconduct in defence deals in 3 years:...

He, however, said 6 firms have been debarred from carrying out further business dealings with Defence Ministry for 10...

2 Dec 2016 1:57 PM IST