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People queue up outside an ATM to withdraw money in Hyderabad. (Photo: PTI)

Ninety per cent ATMs in country re-calibrated

India has around 2 lakh teller machines that dispense cash to customers.

1 Dec 2016 6:19 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Check RBI website for updates on note ban

RBI warns banks/public against misinformation on social media.

1 Dec 2016 6:17 PM IST

Bharti Airtel turns out to be biggest loser on Jios announcement.

Jio offer: Airtel, Idea lose Rs 3,000 cr in m-cap

Bharti Airtel alone lost Rs 2,276 crore in market value as its shares fell by around Rs 6.

1 Dec 2016 5:21 PM IST

Union Finance Minister Arun Jaitley, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das. (Photo: PTI)

Honest citizens feel they'll reap benefits: Jaitley on notes ban

The effect of demonetisation will remain for one or two quarters, but its effect on the economy will be seen in the...

1 Dec 2016 5:13 PM IST

The continuous growth numbers are a sign of Yamahas robust business plan and strategic customer engagement programs.

Yamaha Motor sales up 20 pc in November

The company is en route to achieve 1 million in 2017 through exciting products and by expanding its 3S network.

1 Dec 2016 4:53 PM IST

The Lok Sabha earlier this week passed the Taxation Laws (Second Amendment) Bill, which proposes a steep up to 85 per cent tax and penalty on undisclosed wealth.

Inherited gold, jewellery to be exempt from income tax: govt

No tax on ancestral jewellery, purchase from disclosed income.

1 Dec 2016 4:21 PM IST

Sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, were down 33 per cent.

Mahindra sales down 22 per cent in Nov

Exports during the month grew by 22 per cent to 2,685 units as against 2,207 units in November last year.

1 Dec 2016 3:15 PM IST

Reliance Industries chairman Mukesh Ambani.

Jio crossed 50 million customers in 83 days: Mukesh Ambani

Ambani said in only three months, Jio has become the fastest growing tech company that has now started home-delivery of...

1 Dec 2016 1:59 PM IST

Volkswagen teases Arteon Ahead Of Geneva Show

Volkswagen teases Arteon Ahead Of Geneva Show

It is expected to replace the CC sedan which is currently sold in the international market.

1 Dec 2016 1:35 PM IST

BMW M performance package revealed for All-New 5 Series

BMW M performance package revealed for All-New 5 Series

BMW has also revealed an optional M Performance package for all the variants of the series, which will attract...

1 Dec 2016 1:28 PM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

LPG costlier by Rs 2, ATF price cut by 3.7 pc

Subsidised LPG will cost Rs 432.71 per 14.2-kg cylinder, ATF to cost Rs 48,379.63 per kl in Delhi.

1 Dec 2016 1:17 PM IST

The report noted that lending rate cuts are key to cyclical recovery rather than reforms as reforms tend to push up growth only in the medium term.

BofA cuts GDP growth forecast to 6.9 per cent

BofA-ML expects lending rates to come off 50-75 bps by September 2017.

1 Dec 2016 1:02 PM IST