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The company has also taken an equity position in about 30 startups so far. (Photo: Youtube)

Citi invites fintech startups to disrupt traditional banking

Citi is already very engaged with the fintech space and is scanning thousands of startups every year.

3 March 2018 11:51 AM IST

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Civil accounts dept has sanctity attached; can't afford to err:...

Civil Accounts Department is one that cannot afford to err because a small error can lay a huge foot prints.

3 March 2018 10:47 AM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber co-founder to launch new cryptocurrency

Eco's initial whitepaper states that it wants to improve on a few main issues common with cryptocurrencies.

3 March 2018 10:26 AM IST

Facebook CEO Mark Zuckerberg

World's 500 richest people have lost combined 107 bn USD this week

Dow Jones Industrial Average has slid about 3.5 pc this week after US President Donald Trump invited a trade war.

3 March 2018 10:18 AM IST

Donald Trump on Friday recited the lyrics of a song seen as anti-immigration called The Snake to drive home his point about restricting immigration. (Photo: File)

Trump to impose import tariffs on steel, aluminium

Claims hike would create jobs in the US and benefit its industries.

3 March 2018 2:52 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

PSBs to lose biz to private banks

Industry experts believe that the higher non performing assets (NPA) coupled with several instances of loan frauds.

3 March 2018 2:43 AM IST

The Sensex has slid to 33,703 on February 20 a reduction of nearly seven per cent. Among other factors, one development has played its part in this fall: the announcement of the Long-Term Capital Gains (LTCG) tax on equity investments.

Dealing With LTCG Tax and Lower Return on Equity

If you are worried about recent move to tax ltcg, don't worry. a mere tweak in investing pattern will help you.

3 March 2018 2:38 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm registers 68 million UPI transactions in February

Paytm UPI IDs are also accepted across all banks and BHIM UPI apps, making Paytm a comprehensive payments system.

2 March 2018 3:23 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal to form JV with Nippon Steel to buy India's Essar Steel

In February, ArcelorMittal and a group led by Russia's VTB made separate bids for Essar Steel.

2 March 2018 1:28 PM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Home, auto loan EMIs to go up as SBI, PNB hike lending rates

SBI raised its one year MCLR (marginal cost of fund-based lending rate) by 20 basis points to 8.15 per cent.

2 March 2018 11:12 AM IST

A railways official said the money for the project would come from the Nirbhaya fund. (Photo: @RailMinIndia)

Passengers not to be charged for MDR booking of railway tickets

Benefits on govt transactions must be passed on to public, and they should not face MDR charges while making payments to...

2 March 2018 10:15 AM IST

Tata Sons chairman emeritus Ratan Tata and Boeing Defence, Security and Space president Leanee Caret seen shaking hands in Hyderabad.

Boeing: Sourcing from India has quadrupled to $1b in past 2 years

The helicopter has been selected for acquisition by the Indian armed forces.

2 March 2018 2:20 AM IST