Tag: business
HDFC, ICICI Bank Begins To Levy Cash Transaction Fee
In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC Bank and ICICI bank branches will have to pay a fee if the number of transactions exceed beyond four.....
No Ministers Involved In Any Private Business: BJP
None of the ministers in the Narendra Modi government are engaged in any private business, and all are "committed" to government work, parliament was told on Monday.....
Xiaomi Aims To Create 20,000 Jobs In India
Chinese technology major Xiaomi's founder Lei Jun on Monday said India was one of the important markets for the company and it aims to create 20,000 jobs in the next three years.....
GST Bills Passage Fails To Cheer Indian Equities
The passage of a major tax reform in the country failed to cheer the Indian equity markets on Thursday. ....
584% Jump In Digital Transactions Since Demonetisation
There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday.....
Petrol Cut By Rs 3.77 A Litre, Diesel By Rs 2.91
State-run Indian Oil Corp (IOC) substantially reduced prices of transport fuels effective from Saturday, of petrol by Rs 3.77 a litre and of diesel by Rs 2.91, both at Delhi, with corresponding cuts in other states following the recent decline in global crude rates.....
Narayana Murthy Criticises Infosys COO's Salary Hike
Infosys founder N.R. Narayana Murthy on Sunday termed the board-approved compensation hike for Chief Operating Officer U.B. Pravin Rao as "not proper" and said it will "erode the trust and faith of the employees in the management and the board".....
Speaker Congratulates House On Passing Budget Before April 1
Lok Sabha Speaker Sumitra Mahajan on Wednesday congratulated the House members, Ministers and the government for completing the process of passing the Union Budget before April 1.....
RBI Maintains Key Lending Rate At 6.25%
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
RBI Issues New Framework For Bad Loans
The Reserve Bank of India (RBI) has issued a new set of enabling provisions to resolve the problem of banks' mounting non-performing assets (NPAs), or bad loans.....
