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The customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. (Representational Image/PTI)Business
ATM service charges increase, to cost Rs 21 per transaction from today

Banks have been permitted to charge Rs 21, instead of Rs 20 with applicable taxes, if any, shall be additionally payable

1 Jan 2022 1:11 PM IST

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)Business
GST council puts off rate hike on textiles

The matter has been referred to the tax rate rationalisation committee and it will be discussed again at the next...

1 Jan 2022 7:13 AM IST

RBI has advised banks and other regulated entities not to take restrictive action against customers till the fiscal end. (Photo: PTI)Business
RBI extends deadline for periodic KYC update till March 31

Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end

30 Dec 2021 3:14 PM IST

AirAsia India was making all payments as per credit terms on due dates from September 2021. (Photo: AirAsia.com)Business
Paid all dues to AAI: AirAsia India

An airline has to pay for air navigation, landing and parking among others to the AAI

29 Dec 2021 12:18 PM IST

In September 2021, a reference was sent to sector regulator TRAI, seeking recommendations for the 5G spectrum auction and various modalities such as reserve price, band plan, block size, quantum of spectrum to be auctioned, it said. (PTI Photo)Business
5G services to be rolled out in India's four metros, selected cities...

On 5G Test bed, it informed that the indigenous 5G test bed project funded by the DoT has reached its final stages

28 Dec 2021 11:44 AM IST

RBL MD & CEO Vishwavir Ahuja went on \medical leave\ and the Reserve Bank of India (RBI) appointed Yogesh Dayal as an additional director on the banks board. (Bloomberg)Business
RBL Bank slumps 20 pc on leadership changes

The sudden action from the central bank raises fears about asset quality and the overall health of the bank

27 Dec 2021 2:55 PM IST

The Centre has already finalised the rules under these codes and now states are required to frame regulations on their part as labour is a concurrent subject. (Representational Image: PTI)Business
Four-day work week, change in salary: All about new labour codes in FY...

These changes in the labour code will have a significant impact on working hours, take-home salary and PF contribution

22 Dec 2021 12:39 PM IST

The statement said SPNI will have a cash balance of USD 1.5 billion at closing. (Photo: PTI)Business
Zee Entertainment, Sony Pictures Networks India sign definitive...

The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due...

22 Dec 2021 11:01 AM IST

Indian Oil Corp Ltds 300,000 barrels per day refinery on the countrys east coast to be shut for three weeks for maintenance. (AFP Photo)Business
IOCL acquires 4.93 per cent equity stake in Indian Gas Exchange

The Board of Directors of Indian Oil approved the deal at its meeting held on December 20

21 Dec 2021 2:59 PM IST

A file picture of the Mundra International Container Port. (Photo: PTI)Business
Container shortage eases

The pandemic had hit the manufacturing of containers in different parts of the world, aggravating the shortage

20 Dec 2021 7:25 AM IST

Paytm IPO is scheduled to open on November 8. (Photo: Representational)Business
IPOs in 2021 beat three-year total

After the Covid 2nd wave, primary market was flooded with IPOs from and more than 40 companies tapped the market in the...

20 Dec 2021 7:23 AM IST

The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)Business
LIC IPO unlikely to take place this fiscal due to delay in valuation

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh...

19 Dec 2021 1:08 PM IST

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