It's not only the diamantaires Nirav Modi and Mehul Choksi who conspired and cheated the Punjab National Bank (PNB) of Rs 13,600 crore loan amount. Mumbai's leading hawala operator Mohammad Farooq was also not far behind, a charge sheet filed by the Enforcement Directorate has revealed.

Arun Jaitley calls for amendments in graft law, says it's anarchic and hurts decision makingUnion Minister Arun Jaitley on Tuesday called for amendments in the Prevention of Corruption Act -- a graft law that the Minister described as anarchic and one of the most badly drafted pieces of legislations. His statement came weeks after the Pune police on June 21 arrested the entire top management of the state-run Bank of Maharashtra for a loan of Rs 94.5 crore to the scam-tainted devel...

The device will pose a direct threat to popular phones in the same segment. OnePlus 6 that comes with a base price of Rs 34,999 is expected to get a lot of competition from the new phone.

Potential lenders view CIBIL score as the most important factor before granting a loan. If your CIBIL score is low then your loan application may straightaway be rejected by the lenders.

In the RBI's Financial Stability Report, the apex bank said that the Gross NPA (GNPA) ratio of scheduled commercial banks (SCBs) is likely to rise in the current fiscal.

With the introduction of direct link with banks, the total transaction points will be reduced. This will, in turn, reduce the amount of time it takes to make refunds.

The case in question was being fought between SBI Cards & Payments Services Pvt Ltd and Rohidas Jadhav. Jadhav, who had pending credit card dues, was ordered in 2011 to repay the amount along with 8 per cent interest.

Virtual assistants and smart speakers are still relatively new technologies, and potentially susceptible to being exploited by cyber criminals.

The Flipkart 'Super value week' sale is on and the e-commerce giant is offering huge discounts on the smartphones. The sale started yesterday and will go on till June 24.

The railway board recently passed an order, saying that the separate medical identity card with unique all India number will be issued to the employees as well as to their each dependent.

Digital India is about education, employment, entrepreneurship and empowerment as it will help realise the objective of reform, perform, and transform, says the Prime Minister.

The selling point of the Redmi Y2 is its selfie camera, similar to the preceding Redmi Y1, which has been equipped with AI capabilities, as per Xiaomi.

Watch BusinessToday.In Editor Rajeev Dubey interview Manoj Adlakha, the CEO of American Express, India, on a host of issues such as challenges in the financial industry, emergence of wallets and how the credit card industry is dealing with those challenges.

The FAQ makes it clear that free services, like ATM withdrawals and cheque book issuance, provided by banks to customers will not attract GST.

In a set of FAQs on applicability of Goods and Services Tax (GST) on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.

With most of our payments happening digitally, credit cards have become a requirement. However, credit cards are not free. They do have charges - some well-known, others not so well-known. Watch BusinessToday.In video to find out about five lesser known credit card charges.

Hardayal Prasad, MD and CEO, SBI Card, talks to Naveen Kumar on a range of issues affecting the credit card industry and how SBI Card, one of the leading players in the segment, is responding to those challenges.

Ahead of its formal launch on May 29, the Vivo X21 isavailable for pre-bookings in India. The phone can be booked through Vivo'sonline store with Rs 2,000 as advanced booking price.

The refund will be given only for iPhone 6 and later models, whose battery was replaced between January 1 to December 28, 2017, at an Apple authorized service location - Apple Store, Apple Repair Center, or an Apple Authorized Service Provider.