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As per estimates, only 5 per cent Indians use digital payment modes.

Digital payments to grow at 26 per cent CAGR during 2016-2020: report

India could potentially make its way into the global top 10 markets in terms of non-cash transaction volumes.

11 Oct 2017 12:32 PM IST

Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

Sebi bars 8 entities for illegal collective investment scheme

Individuals restrained from holding position as directors of any listed company for four years.

11 Oct 2017 12:20 PM IST

UIDAI on Sunday asserted that Aadhaar system has stringent security features to prevent any unauthorised capture or transmission of data. Photo: PTI

Aadhaar-SIM linking to get easier for senior citizens

The Supreme Court's order in February 2017 mandated linking phone numbers with Aadhaar for every individual.

11 Oct 2017 12:19 PM IST

Ola had launched the shuttle service on Monday.

Ola raises $1.1 bn, in talks for another $1 bn funding

The funding will help Ola bolster its position against the US-based rival Uber.

11 Oct 2017 11:57 AM IST

US economist Richard Thaler on Monday won the Nobel Prize in Economics. (Photo: AP)

New Nobel Prize economist Thaler stumped by record markets

Thaler said on Tuesday he is puzzled by the steady rise of global stock markets in recent years.

11 Oct 2017 11:24 AM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Leslie Thng's appointment as Vistara CEO receives govt nod

Thng was named as the new CEO of Vistara in place of Phee Teik Yeoh, who is returning to Singapore this month.

11 Oct 2017 10:55 AM IST

Indias Prime Minister Narendra Modi talks to journalists after a Memorandum of Understanding ceremony at the President House in Naypyitaw, Myanmar on Wednesday, Sept 6, 2017. (Photo: AP)

Modi appointed economic advisory council to hold first meet today

The Council will address all issues of emergent importance, will engage with stakeholders and formulate advice...

11 Oct 2017 10:33 AM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex reclaims 32,000-level ahead of IIP, inflation data release

In the Sensex kitty, Bharti Airtel emerged as the top gainer, surging by 4.32 per cent to Rs 400.65.

11 Oct 2017 10:23 AM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee climbs 10 paise against US dollar to 65.18

The dollar's falling fortune against currencies overseas was also instrumental in the rupee moving to a higher plane.

11 Oct 2017 10:09 AM IST

Finance Minister Arun Jaitley

Reforms like GST, note ban put economy on 'stronger track': FM

Referring to the series of economic reforms undertaken since 1991, Jaitley said the Indian model now seems to be...

11 Oct 2017 9:56 AM IST

The World Bank, in its report said that Indias economic growth has been affected by disruptions from the withdrawal of banknotes and uncertainties around GST. Photo: AP

'Cash disruption' and GST uncertainties affected India's growth: World...

A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia.

11 Oct 2017 9:38 AM IST