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

Paytm Payments Bank logs Rs 30.7 crore loss in Aug'16 - Mar'17

Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.

4 Oct 2017 9:29 AM IST

Electronic and IT Minister Ravi Shankar Prasad. (Photo: PTI)

Aadhar to help catch money launderers, fake bank a/c: Prasad

The minister said everyday six crore authentications are done on the Aadhar platform.

4 Oct 2017 9:21 AM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

4 Oct 2017 9:14 AM IST

SBI chairman Arundhati Bhattacharya

SBI Life makes a muted debut

The market capitalisation of the company stood at Rs 70,800 crore at the end of the trading session.

4 Oct 2017 3:19 AM IST

September data painted an encouraging picture as the sector continued to recover from the disruptions caused by the introduction of GST in July, said Aashna Dodhia, Economist at IHS Markit, and author of the report.

India Inc's output expands in September

A reading above 50 denotes expansion and one below this mark means contraction.

4 Oct 2017 3:12 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Agencies clash on credit profile

Crisil claims improvement, ICRA denies.

4 Oct 2017 3:00 AM IST

t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.

India to beat China as fastest-growing Asian petro product market

Moody's said it expects its refined product demand growth will moderate to 2.5 to 3 per cent in 2017-18.

3 Oct 2017 8:29 PM IST

A petrol pump attendant

Petrol, diesel to go cheaper as excise duty cut by Rs 2 a litre

Cut in excise on diesel and petrol will cost government an additional burden of Rs 26,000 crore in a full year.

3 Oct 2017 7:48 PM IST

CII president, centre, Shobana Kamineni at an event. (Photo: File/PTI)

RBI money policy: CII wants a 100 bps cut in repo rate

industry, govt hope for interest rate cut to spur growth which fell to a 3-year low of 5.7 per cent in June quarter.

3 Oct 2017 7:27 PM IST

Finance Minister Arun Jaitley at a 2014 World Economic Forum, WEF, event. (Photo: File/PTI)

Jaitley, who's who of India Inc, Bollywood biggies to attend WEF event

More than 650 leaders from 35 countries taking part in event organised by World Economic Forum and CII.

3 Oct 2017 7:16 PM IST

Indias annual infrastructure output grew at its fastest pace in five months in August.

India's infrastructure output grows 4.9 percent in August

Electricity production grew 10.3 percent in August from a year ago, while coal output grew 15.3 percent.

3 Oct 2017 5:47 PM IST

Ghana's National Communications Authority clears Airtel-Tigo merger

The merged entity will have a 3G licence and 2G licence valid until January 2024 and October 2021, respectively.

3 Oct 2017 5:22 PM IST