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The mobile payments network has over 1 lakh merchants and 35 million customers at present.

GMV sales revised as MobiKwik targets USD 10bn

The company has witnessed a 40 per cent increase in its mobile application downloads.

21 Nov 2016 11:01 AM IST

Brokers said value-buying in recently beaten-down blue-chips along with covering-up of short positions by speculators influenced trading sentiments.

Sensex bounces back, regains 120 points

NSE Nifty reclaimed the 8,100-mark by recovering 26.35 points or 0.35 per cent to 8,102.45.

21 Nov 2016 10:27 AM IST

The rupee was trading lower by 42 paise at 67.67 against the US dollar in early trade today.

FPIs pull out Rs 10,000 crores due to US bonds

With the 10-year bond yields in the US rising to 2.252.30 per cent from 1.6 per cent.

21 Nov 2016 3:45 AM IST

GST reform process would lead to a move from the regime of tax exemptions in various sectors of economy to a regime of seamless flow of credit and payment of tax.

GST assessment pangs to continue for Centre

Earlier it was decided that state will look at goods tax and Centre at service tax.

21 Nov 2016 3:41 AM IST

A sweeper cleans a pavement outside the Reserve Bank of India headquarters in Mumbai on Wednesday. (Photo: PTI)

RBI plans to introduce Islamic window' in banks

slamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under...

21 Nov 2016 3:34 AM IST

Big giants are likely to opt out primarily due to small size of acreage being offered and the overheads require to bring them to production.

Global energy giants opt out of auctions

Government's small oil fields auction to close today.

21 Nov 2016 3:30 AM IST

At present, Patanjali has 230 acres in non-SEZ and 60 acres within SEZ area of Mihan.

Patanjali to acquire more land for Nagpur project

The company is planning to acquire another 40 acres of land in Mihan-SEZ.

20 Nov 2016 4:52 PM IST

In an accelerated growth scenario, mining can generate an additional 6-8 million jobs

Mining sector can add $70 bn to India's GDP: CII

The tenure of the mineral concessions has also been increased from the existing 30 years to 50 years.

20 Nov 2016 2:52 PM IST

The government is cracking down and banks must report anybody depositing more than 250,000 rupees.

Five ways Indians are dodging 'black money' crackdown

Only six people earning over 500 million rupees filed returns in 2012-2013.

20 Nov 2016 2:35 PM IST

The rupee had staged a smart rebound against the US dollar to end higher by 12 paise at 67.82 in yesterdays trade.

FPI outflows hit $3 bn in Nov on cash crisis

FPI outflow comes following net withdrawal of more than Rs 10,306 crore from the capital markets last month.

20 Nov 2016 1:47 PM IST

The rules will enable operators to improve coverage and capacity and address the issue of call drops, ultimately benefiting consumers.

New rules on network rollout to reduce call drops: COAI

The authorities involved in granting RoW permit will now have to grant such permission within 60 days of application.

20 Nov 2016 12:25 PM IST

HSBCs forex strategists see the rupee weakening versus the USD to 68.0 by end-2016 and 69.5 by end-2017.

India's economic growth is expected to fall by up to 1 per cent: HSBC

India's drive to withdraw and replace high- denomination currency notes will bring 'some benefits, some losses'.

20 Nov 2016 11:29 AM IST