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

RBI puts 200 stressed account under scanner

This exercise comes at a time when gross NPAs in the banking system has risen to around Rs 10.3 lakh crore.

15 Aug 2018 4:04 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Draft policy expects e-commerce platforms to store data locally

The draft policy recommends strengthening regulatory vigilance for payments system.

15 Aug 2018 3:49 PM IST

To tackle malnutrition, the FSSAI recently recommended adoption of fortified food in government schemes. (Representational image)

Govt sanctions nearly 500 additional posts for food regulator FSSAI

Ministry of Health and Family has issued orders to create 493 additional posts for the authority.

15 Aug 2018 2:46 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's...

India has a refining capacity of 232.066 MT, which exceeded the demand of 194.2 MN in 2016-17.

15 Aug 2018 2:41 PM IST

MFs log Rs 10,585 cr inflow in July; total investment crosses Rs...

At present, the mutual fund industry, comprising 42 players, manages assets to the tune of Rs 23 lakh crore.

15 Aug 2018 2:25 PM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

Govt says forex reserves comfortable to withstand rupee fall

Rupee hit the record low of 70.1 per dollar on Tuesday, as concerns about Turkey's economic woes.

15 Aug 2018 2:01 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi plans to stipulate framework for timely disclosure of loan...

Move would help investors take an informed decision at the earliest in cases of loan defaults by listed companies.

15 Aug 2018 1:49 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Small stocks fail to impress; fall up to 13 per cent so far in 2018

The Sensex scaled its lifetime peak of 38,076.23 on August 9 this year.

15 Aug 2018 1:25 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance declares force majeure on gasoline from Jamnagar plant:...

At least two gasoline cargoes scheduled for this month's loading were affected.

15 Aug 2018 12:55 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank to hire social media agency for customer outreach

The interested parties can submit their bids by August 31, 2018.

15 Aug 2018 12:49 PM IST

The government has accepted the resignation of National Housing Bank Managing Director Sriram Kalyanaraman, even as an investigation has been ordered into alleged irregularities and misconduct committed by him as a regulator, official sources said.

Govt accepts NHB chief resignation, to probe alleged misconduct

The NHB chief, however, tendered resignation along with clarification.

15 Aug 2018 12:47 PM IST

Jharkhand Chief Minister Raghubar Das on Tuesday ordered a fresh probe into the death of the 11-year-old Simdega girl after local activists alleged that she died of starvation. (Photo: File)

Lakhs of jobs created in corruption-free Jharkhand, says CM Raghubar...

He said his government created 31.5 lakh employment and self-employment opportunities.

15 Aug 2018 12:18 PM IST