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PTI
August 2, 2018
The Sensex plunged 356 points to close at a one-week low of 37,165.16, while the NSE Nifty dropped 101.50 points to finish below the 10,300-mark.


BusinessToday.In
New Delhi, August 2, 2018
The new service is good news for migrant labour or individuals living in rented accommodation who don't have valid address proof.


BusinessToday.In
New Delhi, August 2, 2018
From human development indicators like health and education to economic parameters like tax-to-GDP ratio, currency performance, and current account deficit, Pakistan's track record is dismal on all fronts.


BusinessToday.In
August 2, 2018
RBI increases repo rate by 25 basis points to 6.5%, maintains 'neutral' stanceThe RBI's Monetary Policy Committee, during its by-monthly meeting on Wednesday, increased the repo rate by 25 basis points to 6.5 per cent from the previous rate of 6.25 per cent. This is the second hike in the interest rate after four years of continuous halt by the central bank. This time too, the MPC again maintained the neutral stance to achieve the medium-term target for inflation of 4 per cent in ...


Mudit Kapoor
New Delhi, August 1, 2018
Before he became Prime Minister, Narendra Modi vowed to bring all illicit money stashed away in foreign countries, and promised that poor people in the country would get Rs 15 lakh each.


BusinessToday.in
New Delhi, August 1, 2018
No WhatsApp Payments if no local offices, says Indian govtIt's one thing after another with WhatsApp Payments. The instant messaging platform has been asked by the Indian governemnt to set up offices in India for its payments arm to begin operations here. This new prerequisite by the Indian governmennt is likely to defer the rollout of WhatsApp Payments, which has been delayed for several times already. The privacy policy of WhatsApp Payments was also edited recently to removed ...


Joe C Mathew
August 1, 2018
Finance Ministry has said that the powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks, irrespective of ownership i.e. the public sector and the private sector owned banks.


BusinessToday.In
New Delhi, August 1, 2018
Prime Minister will launch the India Post Payments Bank. The date of launch would be decided in a day or two, says Communication Minister Manoj Sinha.


BusinessToday.In
August 1, 2018
Paytm Payments Bank has reportedly stopped adding new users on its platform following observations made by the RBI.


Joe C Mathew
New Delhi, July 31, 2018
UIDAI says the advisory has been issued in wake of news appearing on social media reporting some people publicly posting their Aadhaar numbers on social media platforms and posing challenges to others.


BusinessToday.In
July 31, 2018
A recovery in rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend, brokers said.


Anand Adhikari
New Delhi, August 1, 2018
There are five reasons why inflation will remain a big concern for the RBI in its third bi-monthly money policy to be released today.


Mudit Kapoor
New Delhi, July 30, 2018
This initiative aims to facilitate those who can't stand in long ATM queues or are not in a position to perform bank-related tasks themselves. Cases related to elderly becoming victims of theft, snatching, robbery, etc, while they do bank-related work, are on the rise.


BusinessToday.In
New Delhi, July 30, 2018
Apart from the banks, San Francisco-based Wells Fargo Trust Services and the United Arab Emirates' state-run Dubai Aerospace Enterprise have also sent notice to the national carrier.


BusinessToday.In
New Delhi, July 30, 2018
Ever since the banks were stopped from providing financial services to digital exchanges, the trade of Bitcoin through Dabba trading has increased manifold, and the whole purpose of stopping the flow of illicit money seems to have been defeated.


PTI
July 29, 2018
The central bank had increased the benchmark short term lending rate(repo rate) by 0.25 per cent to 6.25 per cent in its last monetary policy review in June on inflationary concerns.


Reuters
July 28, 2018
US President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted the notion that second-quarter growth would be robust, declared victory.


PTI
New Delhi, July 27, 2018
The bank's total income was Rs 18,574.17 crore in Q1 as against Rs 16,847.04 crore in the same period last year.


Naveen Kumar
New Delhi, August 14, 2018
Not just businesses get affected by currency rate movement, it also impacts individuals like overseas workers, NRIs, people dependant on overseas remittances, students studying abroad, patients goings for medical treatment overseas and tourists.


BusinessToday.In
July 26, 2018
The Sensex and Nifty extended their record rally for the fourth straight session and touched their lifetime highs in early trade today. While the Sensex crossed the 37,000 mark for the first time ever, the Nifty hit 11,185 level, setting a new record for the index.The Sensex reached a record 37,061 level, surpassing its all time high of 36,902 hit on July 24.The Nifty breached its previous record high of 11,171 level reached on January 29 earlier this year.The Sensex has clocked 676-p...


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