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

Card payments push may land banks with a Rs 3800 cr annual hole

Net revenue gain per annum from ON-US transactions at PoS would be around Rs 900 crore only.

28 Sept 2017 6:27 PM IST

Tony Douglas is former chief executive of Abu Dhabi Airports. (Photo: YouTube)

Etihad Airways names Tony Douglas as new CEO

Douglas will take over charge of new position in January next year, Etihad Airways said.

28 Sept 2017 5:33 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Realty sector to have over 17 mn workforce by 2025: report

Potential employment opportunities in the real estate sector are expected at 17.2 million jobs by 2025.

28 Sept 2017 5:16 PM IST

Govt confuesd development can be done through welfare schemes: Sinha

Former finance minsiter says for development non-performing asset of banks should be cleared.

28 Sept 2017 5:06 PM IST

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Step up capital spending: Finance Minister to CPSEs

Central public sector enterprises have been asked to stick to capex target for current fiscal.

28 Sept 2017 4:54 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex recovers 123 points, breaks 7-day falling streak

The 50-share NSE Nifty ended up 33.20 points, or 0.34 per cent, at 9,768.95 points.

28 Sept 2017 4:19 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Bank of Baroda cuts base rate by 0.15 per cent to 9.15 per cent from...

Method which charges interest on credit worthiness of customers, has also been cut to 13.45 per cent per annum.

28 Sept 2017 3:58 PM IST

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

Govt saved Rs 58,000 cr via DBT for subsidies: Prasad

IT minister says govt utilising digital technology to bring about changes that benefit poor and underprivileged.

28 Sept 2017 3:47 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at market price is worth about Rs 26,600 crore.

28 Sept 2017 3:30 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sept 2017 3:12 PM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Gold plunges Rs 250 on global cues, low demand

Gold is trading at Rs 30,750 per 10 grams at the bullion market on Thursday, largely on weak trend overseas.

28 Sept 2017 3:01 PM IST

On Monday, the rupee had gained 9 paise to close at 66.92 per dollar in view of strong foreign capital inflows coupled with a firm equity market.

P-notes investment hits over 7-year low of Rs 1.25 lakh cr

P-note holdings in equities were at Rs 88,911 crore and the remaining in debt and derivatives markets.

28 Sept 2017 2:49 PM IST