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Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC Bank: Withdrawal limit raised to Rs 50,000

The RBI has also allowed PMC Bank account holders to withdraw money from the bank's own ATMs within the prescribed limit...

6 Nov 2019 1:25 AM IST

Home love in the form of food packed in Homecares lunch box will help you be productive, and you will earn the income to keep your dreams afloat.

Homecare: The brand that revolutionizes your tiffin experience

Homecare's Office Stainless Steel Lunch Box are a favorite among office goers because of its availability in different...

5 Nov 2019 11:50 PM IST

The ease of online shopping will cause financial stress for millions of people, as online retailers increasingly use artificial intelligence (AI) and personalisation to effectively target consumers and prompt them to spend discretionary income that they do not have, the report said.

WHO could identify online shopping as addictive disorder by 2024:...

By 2023, up to 30 per cent of world news and video content will be authenticated to counter deepfake technology, the...

5 Nov 2019 1:46 PM IST

Loss of libido and mood swings are documented side effects caused by the medicine (Photo: Pixabay)

Cadila's Moraiya facility gets FDA warning letter

As per the company, there were no repeat observations or Data Integrity related observations.

5 Nov 2019 1:24 AM IST

Homebuyers continued to be cautious in September quarter. Housing sales in the top seven cities declined 18 per cent against the same quarter last year. Even sequentially, September quarter sales were down 20 per cent compared to June quarter.

Housing sales down 9 per cent, new units drop 24 per cent

The nine cities covered in the study included Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bangalore, Thane and...

5 Nov 2019 1:20 AM IST

Bombay high court

Bombay HC seeks RBI reply on PMC Bank crisis

On Monday, when the petition came up for hearing, the bench said it only wanted to know what the RBI was doing in the...

5 Nov 2019 1:17 AM IST

According to JLLs Third Quarter Hotel Momentum India (HMI) report, nine out of top cities witnessed a rise in RevPAR performance during the July-September 2019 period.

GST rate cut boosts hotel industry revenue in September quarter

RevPAR is arrived at by dividing a hotel's total guestroom revenue by the room count and the number of days in the...

5 Nov 2019 1:14 AM IST

Dussehra sales had disappointed the jeweler fraternity. However, they hope to see the latent demand for gold to support Dhanteras sales this time.

Round-tripping finds new routes

Making most of the festive period, the exports of gold and silver articles have seen a sudden five-fold surge.

5 Nov 2019 1:08 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Bank credit growth to moderate to 8.5 pc in FY20: Icra

Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial...

4 Nov 2019 3:35 PM IST

Now, any Indian citizen, resident or non-resident and OCIs are eligible to join the NPS till the age of 65 years.

Atal Pension Yojana has over 1.9 crore subscribers now

The primary reason for the uptick in enrollment was achievement of targets allocated to banks for opening of new APY...

4 Nov 2019 1:53 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

India's October gold imports drop 33 pc on weak festive demand: source

In value terms, the October imports were at USD 1.84 billion, slightly higher than last year's USD 1.76 billion.

4 Nov 2019 1:46 PM IST

Building your personal brand as an Entrepreneur

While the 'first impression is the last impression', is an essential ideal that all entrepreneurs must internalize.

4 Nov 2019 12:56 PM IST