Business

BHIM App Payments Touch Rs 11,000 Crore In FY18 Amid Cashback Offers

BHIM is a UPI-based payments app developed by the National Payments Corporation of India.

BHIM or Bharat Interface for Money app has led to a 'spectacular growth in digital payments', said Union Minister Ravi Shankar Prasad on
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UCO Bank Shares Crash 14% After CBI Books Ex-Chief In Loan Fraud Case

Bombay Stock Exchange or BSE has sought clarification from UCO Bank on this matter.

Shares of UCO Bank slumped 14 per cent today after Reuters reported that the Central Bureau of Investigation (CBI) has filed a case against a former chairman of the state-run bank and several business executives alleging criminal conspiracy that caused a loss of Rs
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SBI Zero Balance Savings Account: How To Open It And Other Details Here

SBI savings bank account with zero balance account is KYC (Know your customer)-complaint.

State Bank of India (SBI) basic savings bank deposit account can be opened and maintained even with a zero balance, said country's largest
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EPF Scheme To Have Two Separate Account Heads

Exchange-traded funds (ETFs) are funds that track indexes such as Sensex and Nifty

All subscribers of the EPF or Employee Provident Fund scheme would have two separate member account heads: Fixed Income - where fixed annual
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Jio Offers JioFi Device With 100GB Data Free Of Cost. All Details Here

The offer is applicable for prepaid customers of Reliance Jio only.

Reliance Jio has announced a new offer where a customer purchasing the all-new Google Home device from a Reliance retail store will get a JioFi device free of
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SBI Savings Bank Account Compared To Savings Plus Account

A passbook is issued in all saving bank accounts.

State Bank of India (SBI) offers savings bank account options for customers. A savings account is a basic account that keeps customers' money safe and helps them grow their
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Sensex and Nifty overcame a weak start to end higher today, logging their eighth straight sessions of gains. Sensex started on a weak footing today, tracking broader sluggishness in Asian markets. Selling pressure in Infosys
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Petrol Prices Rise To Multi-Year Highs Today, Diesel At Record Level

Petrol and diesel prices are broadly determined by global crude oil and the forex rates

Petrol and diesel prices were hiked on Monday. With that, petrol prices in Delhi rose back above Rs 74 per litre. After Monday's revision, effective 6 am, petrol prices were at Rs 74.02 per litre in Delhi, Rs 76.73 per

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Two Years Ago, RBI Found No Impropriety In Loans To Videocon: RBI Documents

The RBI had undertaken a scrutiny in mid-2016 after a PMO reference

Mumbai: The Reserve Bank of India (RBI) had two years back conducted a detailed scrutiny to probe allegations of impropriety in ICICI Bank extending loans to Videocon Group but found no proof of any "quid pro quo" or reciprocal benefits, according to RBI documents.

The RBI had

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Gold Prices Fall Today, Silver Rates Decline: 5 Things To Know

Gold prices declined by Rs 100 per 10 grams on Monday

Gold prices dropped to Rs 32,000 per 10 grams at the bullion market on Monday. Demand was seen easing from local jewelers, despite steady prices in the international gold market, market observers said. Gold prices declined by Rs 100 per 10 grams on Monday

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Aadhaar Micro ATMs: How they Work Explained In 10 Points

Aadhaar micro ATMs are like modified POS (Point of sales) device.

More than 58 crore individuals can now use Aadhaar micro ATMs (Automatic trailer machines) for banking transactions without ATM card or PIN, mentioned UIDAI
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Indian Railways Turns To Vacuum Toilets In 13 Trains As Bio Toilets Clog

All new Humasafar Express trains will also be equipped with vacuum toilets,

New Delhi: With its much-touted bio-toilets proving less than reliable, Indian Railways is turning to vacuum toilets for 13 premier trains, including the Howrah Rajdhani, Goa Rajdhani, Amritsar Swarn Shatabdi and Bandra-Patna Humsafar. The bio-toilets, which replaced open
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SBI Savings Bank Account Interest Rate, Penalty For Insufficient Balance

An SBI savings bank account can be opened either with or without a cheque book facility

SBI or State Bank of India provides a host of services under its personal banking portfolio. SBI, the country's largest bank, currently
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AirAsia India Offers Discount On All Domestic Flight Tickets Till October 22

In another offer, AirAsia is also offering discount on international flight tickets.

AirAsia India is offering up to 20 per cent discount on base fares of all domestic flight tickets under a promotional sale offer. Bookings for
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In PICTURES: Indian Railways Luxury Tourist Train Royal Rajasthan On Wheels

'Royal Rajasthan on Wheels' is an upgraded version of world famous 'Palace on Wheels'.

Indian Railways' operated Royal Rajasthan on Wheels is a luxury tourist train, designed and embroidered in a contemporary royal style.
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10 Points About Indian Railways' 'Palace On Wheels' (IN PICS)

The 'Palace on Wheels' has two restaurants 'The Maharaja' and 'The Maharani'.

The Indian Railways-operated 'Palace on Wheels' is a luxury tourist train which was launched by the Ministry of Railways in association with Rajasthan
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Infosys Shares Slump, Rs 15,000 Crore Market Value Gone Within Minutes

Infosys share prices fell as much as 6 per cent today in early trade.

Shares of Infosys, which announced its Q4 earnings on Friday, fell as much as 6 per cent today in early trade. This wiped nearly Rs 15,000 crore off Infosys market capitalisation within minutes of market opening. Infosys shares fell to Rs 1,099 at day's low as compared to its
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New Delhi: The Reserve Bank of India's (RBI) announcement on cryptocurrency has not only stirred the market but left both the traders and investors in a state of loss with many of them thinking of wrapping up their operations. "This unprecedented move by the RBI has stirred the market and impacted the industry at various levels. The exchanges have
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Trading At NCDEX Halted After Fire Erupts At Headquarters

Trading at NCDEX was halted at around 12:15 p.m, according to two dealers.

Mumbai: Trading on National Commodity And Derivatives Exchange (NCDEX) was temporarily suspended on Monday afternoon after a fire erupted in the basement of its headquarters in Mumbai, a company spokesman told Reuters.

The suspension at NCDEX - the second-largest commodities

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Air India Resumes Delhi-Durgapur Direct Flight Service. Check Schedule Here

The flight that came from Delhi to Durgapur's Andal airport early on Sunday.

Kolkata: National carrier Air India on Sunday reintroduced its direct flight service between West Bengal's Durgapur and Delhi after a gap of nearly two
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E-Way Bill For Intra State Movement Of Goods Rolled Out In 5 States. Details Here

E-way bill system has been rolled out in the five states

E-way bill system for all intra-state movement of goods in the states of Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh is slated for April 15. The Central Board of Indirect Taxes and Customs (CBIC) has laid out a detailed procedure with respect to time bound uploading of
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Jio Vs Airtel: Prepaid Recharge Plans Under Rs 250 Compared

Jio's plan priced at Rs 198 offers 56GB of data for a period of 28 days.

Reliance Jio and Bharti Airtel have been engaged in a data war for long in a pursuit to provide the cheapest plans at lower prices. Both the telecom
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Sensex Falls Over 200 Points, Infosys Shares Slump 5%

Infosys shares fell nearly 5% today.

Indian stocks markets fell sharply lower amid mixed Asian markets and a slump in Infosys shares. The Sensex was down nearly 200 points while Nifty fell to 10,426, down nearly 50 points. Shares
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Super-Fast AC Rajdhani From Mumbai To Delhi Trips Extended For One Month

Mumbai-Delhi Super Fast AC Rajdhani Train halts at Surat, Vadodara and Kota stations

To facilitate passengers and to clear extra rush, Western Railway has decided to extend the trips of Bandra Terminus - Nizamuddin Tri-Weekly
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Rupee Hits 5-Month Low Against US Dollar: 5 Things To Know

The rupee fell to as low as 65.46 against the US dollar, a level last seen on November 14, 2017

The rupee (INR) today fell as much as 26 paise against the US dollar (USD) to a five-month low of 65.46. The rupee traded between 65.32 and 65.46 against the dollar in today's session so far. At 12:23 pm, the

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Jet Airways Offers Discount On Premiere Flight Tickets. Details Here

Tickets are valid for 12 months from the date of commencement of journey.

Jet Airways is offering premiere flight  tickets at a starting price of Rs 6,808 under its 'Book Early, Save More' promotional scheme, mentioned the
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CBI Files Case Against Former UCO Bank Chairman

CBI said in a statement that Arun Kaul had helped clear the loan

The Central Bureau of Investigation (CBI) said on Saturday it has filed a case against a former chairman of state-run UCO Bank and several business executives
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Wholesale Inflation Softens To 2.47% In March

Onion prices soared higher by 42.22 per cent (YoY) whereas potato prices rose by 43.25 per cent

New Delhi: Wholesale price-indexed (WPI) inflation softened to 2.47 per cent in March from 2.48 per cent reported for the previous month, government data showed on Monday. According to the Commerce Ministry data, the WPI inflation in March 2017 was more
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UCO Bank Fraud: CBI To Question Ex-CMD In A Couple Of Days, Says Report

Arun Kaul was the CMD of UCO Bank between 2010 and 2015

New Delhi: The federal agency Central Bureau of Investigation (CBI) is expected to question former chairman and managing director (CMD) of UCO Bank Arun Kaul in connection with probe into an alleged Rs 737 crore bank loan fraud case, officials said on Sunday. A Central Bureau of Investigation
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IRCTC Offers Enticing Packages This Summer On Nilgiri Mountain Railway

Nilgiri Mountain Railway take tourists to Ooty and Coonoor

IRCTC Tourism provides several packages from time to time. Currently, they offer four different packages for the ones who are keen to savor the lush green beauty of
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