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Police insist that banks get details of each customer verified by a permanent employee of the bank, and that the entire process gets linked with the Aadhaar card. (Representational Image)

Bank officials to brief parliamentary panel on mounting NPAs, frauds

The Parliamentary Standing Committee on Finance has called the Indian Banks' Association officials to appear before it...

3 Jun 2018 8:35 PM IST

Vine has said in the letter that currently Kohinoor diamond is under the authority of the British government.

Reveal action plan to bring back Kohinoor, other antiques: CIC to PMO

The antiquities which are part of folklore of Indian opulence are adorning museums world over after being taken by...

3 Jun 2018 7:03 PM IST

As per the latest data released by Switzerlands central bank SNB, the total funds linked to Pakistan in Swiss banks stood at CHF 1,513 million. (Representational image)

Switzerland set to amend anti-money laundering law

Late last year, India and Switzerland inked a pact for automatic exchange of tax-related information.

3 Jun 2018 6:19 PM IST

State Bank of India

SBI to modify rules for startup investments

At present, the entire bank runs from its global technology centre at Belapur in Navi Mumbai.

3 Jun 2018 6:07 PM IST

Ram Nath Kovind

President Ram Nath Kovind rejects first mercy plea of man who burnt 7...

This is the first mercy plea decided by Ram Nath Kovind after he became the President in July 2017.

3 Jun 2018 5:41 PM IST

My good friend and Indian football captain posted (video) sometime back. I want to request everyone to watch Indian football team play. Anyone who loves any kind of sport, go and cheer the team at the stadium because they are working hard, Virat Kohli said on Twitter. (Photo: AFP)

Virat Kohli echoes Sunil Chhetri's views, urges football fans to show...

Kohli said the national team football players deserve respect and support since they are representing the country.

3 Jun 2018 4:20 PM IST

Railways will eventually extend the scheme to all trains in which meals are served, officials said. (Photo: Pixabay)

Train delays to affect promotions, Piyush Goyal tells officials: PTI...

Railway Minister Piyush Goyal warned heads of zonal railways that delays in train services will defer their appraisal...

3 Jun 2018 4:03 PM IST

This means, like exporters, duty-free shops can claim refund from the government for the GST it has paid in procuring goods from manufacturers. (Photo: Wikimedia commons)

Soon, international passengers need not pay GST at airport 'duty-free'...

Duty-free shops will have to only collect a copy of the passenger's passport and later on seek GST refund from the...

3 Jun 2018 3:23 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Financial Literacy Week to begin tomorrow

Besides, banks have been asked to also create awareness about Banking Ombudsman scheme of the RBI.

3 Jun 2018 3:14 PM IST

International passengers buying goods at airport duty-free shops will not be subject to GST and the revenue department will soon clarify on this exemption, an official said.

International passengers need not pay GST at duty-free shops

The revenue department had received a number of representations seeking clarification on the issue.

3 Jun 2018 2:40 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Tax dept will act once Walmart gets regulatory nod in Flipkart deal

The department is currently studying the details received from the company.

3 Jun 2018 2:31 PM IST

Ather Energys S340 smart electric scooter

Ather Energy to invest Rs 130 cr for EV charging infrastructure

The company's own electric scooter - S340 - is expected to be launched soon.

3 Jun 2018 2:20 PM IST