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PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

PNB directs 9 bad loan accounts for insolvency resolution

The Reserve Bank earlier in June had asked banks to finalise a resolution plan within six month to resolve bad loans.

8 Aug 2017 8:44 PM IST

CAG has found that there was inadequacy of effort by state-run power equipment maker BHEL for diversification and increasing competitiveness.

CAG criticizes BHEL for inadequate efforts to improve performance

CAG observed that as BHEL had not effectively diversified into new/less operated business areas.

8 Aug 2017 8:35 PM IST

Finance Minister Arun Jaitley speaks in the Rajya Sabha in New Delhi. (Photo: AP)

Govt spending rises 27 per cent in Q1 due to budget advancement:...

Previously when budget got approved in mid-May, spending would start only in second quarter unlike in 2017.

8 Aug 2017 8:23 PM IST

As far as the iPhone SE is concerned, it currently has just a 6 percent share in the United States, and statistics show that its on a fast decline, with CIRP explaining that the bigger iPhones are substantially more popular right now.

Lok Sabha approves hike in basic Customs duty on some imported goods

Basic Customs duty was hiked to 10 per cent on various kinds of printers, facsimile machines, certain types of ink...

8 Aug 2017 7:46 PM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

GSTN portal ready, businesses can start filing returns for July

The GST returns for July and August will be filed on the Goods and Services Tax Network (GSTN) portal by filling up GSTR...

8 Aug 2017 7:30 PM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee makes a strong comeback, hits 63.63

Fresh bouts of dollar selling interest along with expectations of more foreign fund inflows revived the rupee.

8 Aug 2017 7:16 PM IST

Following is a list of companies and organisations that have reported being hit by cyber attacks.

RBI asks banks to periodically assess level of cyber security

According to RBI, the 'Wannacry' ransomware attacks this year harmed computers in two bank branches.

8 Aug 2017 6:55 PM IST

Vice Chairman, NITI Aayog, Arvind Panagariya addressing a press conference on the State of Economy and achievements under NITI Aayog over the past three years, in New Delhi. (Photo: PTI)

Did not know tenure at Niti Aayog: Panagariya

Arvind Panagariya resigned as Vice Chairman of Niti Aayog on August 1, before the end of his tenure.

8 Aug 2017 6:36 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Gujarat tops list of states where fake currency notes were recovered

NCRB data reveal fake currency bills worth Rs 2.55 crore were seized from Nov 9, 2016-July 14, 2017.

8 Aug 2017 6:35 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

New Rs 500, 2000 notes have unique dimension: FinMin

Clarification comes after some allegations surfaced doubting uniformity in dimension of these notes.

8 Aug 2017 6:28 PM IST

The use of non inflammatory drugs were shown to help endanger patients with only a certain type of cancer

Medicines to become cheaper as govt pushes for affordable drugs

Government will form a panel that will make drugs more affordable, accessible and available.

8 Aug 2017 5:54 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI not liable if customer hands over money to stranger: panel

District forum had asked the bank to pay Rs 48,500 to the woman along with a litigation cost of Rs 5,000.

8 Aug 2017 5:25 PM IST