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In August 2019, the Reserve Bank of India (RBI) had issued a framework for processing of e-mandates on recurring online transactions. Representational image

RBI extends timeline to comply with new rule for online transactions...

The primary objective of the framework was to protect customers from fraudulent transactions and enhance customer...

1 April 2021 7:41 AM IST

According to the Centre for Monitoring Indian Economy (CMIE) data, the unemployment rate was recorded at 6.9 per cent in February 2021 which is slightly better than 7.8 per cent in the same month last year and 8.8 per cent in March 2020, during which lockdown was imposed. (Representational image: PTI file photo)

One year since COVID-19 lockdown: India still recovering from...

The CMIE data showed that the unemployment rate had risen to 9.1 per cent in December 2020 and improved in January to...

24 March 2021 1:41 PM IST

Banks employees take part in a protest during a two-day nationwide bank strike in Amritsar on March 15, 2021. (Narinder NANU / AFP)

Nationwide bank strike continues to impact PSB services on Day 2

Government transactions related to treasury as well as business transactions will also be impacted

16 March 2021 11:40 AM IST

Members of Bank Unions hold a protest during their two-day nationwide strike against the privatisation of Public Sector Banks and alleged retrograde banking reforms, in Patiala, Monday, March 15, 2021. (PTI)

Nationwide strike impacts banking services of PSU banks

Branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike

15 March 2021 12:42 PM IST

JGLS, a part of the O.P. Jindal Global University (JGU), has jumped from the 101-150 bracket in the previous year. (Image credit : Twitter/

Jindal Global Law School enters global top 100 in the world

Of 976 law schools considered globally, only 320 made it to the QS World University Rankings by subject

5 March 2021 6:58 AM IST

State Bank of India

SBI MF's international fund to tap top S&P 500 firms

The underlying scheme of investment would be Amundi Funds-US Pioneer Fund

2 March 2021 8:07 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank to set off Rs 45,586-cr accumulated losses against balance...

IDBI said the balance standing to the credit of securities premium account is Rs 49,669 crore

2 March 2021 8:03 AM IST

The petition claimed that a large number of people are being affected due to such information not being provided by e-commerce websites. (Representational Image/PTI)

PIL in Delhi HC seeks direction to e-commerce websites to display MRP,...

The petition claimed that since the MRP of the product is not displayed, the customers are forced to buy the product at...

23 Jan 2021 5:53 PM IST

Petrol sales down 61%, diesel 56.5% in April. (PTI Photo)

Petrol price at all-time high, diesel crosses Rs 81 in Mumbai

State-owned fuel retailers IOC, BPCL and HPCL had on Wednesday resumed daily price revision after nearly a month-long...

7 Jan 2021 12:24 PM IST

Chinese billionaire businessman Jack Ma. (Photo- PTI)

Jack Ma's disappearing act fuels speculation about billionaire's...

Ma had blasted China's regulatory system in a speech at a late October forum in Shanghai that put him on a collision...

5 Jan 2021 12:02 AM IST

Internet services, landline and mobile phones were snapped across Jammu and Kashmir on August 4, a day before the Centres announcement to scrap the special status of Jammu and Kashmir and divide it into two union territories. (Representational image)

Landline to mobile calls get zero prefix

DoT accepts Trai's recommendation; Decision will come into force from January 1

25 Nov 2020 10:40 AM IST

Outside view of Lakshmi Vilas Bank, in Mumbai, Wednesday, Nov 18, 2020. Shares of Lakshmi Vilas Bank (LVB) plunged as much as 20 per cent -- lower circuit -- on Wednesday after the Reserve Bank of India (RBI) imposed a 30-day moratorium on the cash-strapped lender, restricting cash withdrawals at Rs 25,000 per month. (PTI Photo)

Lakshmi Vilas Bank shareholders to get nothing after merger with DBS...

However, depositors need not worry as their deposits will be transferred to DBS and would be fully secured

19 Nov 2020 5:18 AM IST