RBI Governor Urjit Patel today unveiled UPI version 2.0 which will allow customers to use overdraft limit for making payments for merchants.

The stock has grown 561 per cent from Rs 98.30 on August 16, 2013 to Rs 640 on August 16, 2018. The Sensex has doubled during the same period. Meanwhile, its listed peers PC Jewellers and Titan Company rose 127% and 283.44%, respectively, during the last five years.

Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.

The dividend payout in 2016-17 was Rs 30,659 crore for the fiscal ended June 2017. The dividend was low last year on account of additional expenses incurred on printing of new currency notes following demonetisation in November 2016.

The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.

The government on Tuesday appointed Swaminathan Gurumurthy and Satish Kashinath Marathe as as part-time non-official directors on the Reserve Bank of India board.

Collection of personal advance tax and personal self-assessment tax grew 23.4 per cent and 29.9 per cent respectively.

India's refurbished goods market is flourishing on a smartphone boom, changing consumer attitudes and business models.

Green shoots emerge for residential real estate, but it isn't out of the woods.

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.

The industry is optimistic that the tax cut will fuel demand and provide a new impetus for growth, especially ahead of the upcoming festive season.

At the beginning of the year, India's macros seemed to be in good shape, but numbers now tell a dismal tale.

Chairman and MD Sanjiv Mehta seeks to reinvent HUL as a future-ready corporation that can juggle heterogeneous markets successfully.

The introduction of the new Rs 100 notes comes at a time when the industry still has not completed the recalibration of all ATMs to dispense the newly introduced Rs 200 notes.

Congress President Rahul Gandhi's speech during the no-confidence motion in parliament touched upon issues such as demonetisation, Doklam, unemployment, Rafale deal among others. The BJP found his speech 'low on substance and high on entertainment'. Watch BusinessToday.In video to know how PM Modi reacted to the speech and the hug that came later.

The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.

Rani ki Vav was added to the UNESCO's list of World Heritage Sites in 2014 after it was nominated for the title by Archaeological Survey of India (ASI).

The Rs 100 denomination note will come in lavender colour and bear a motif of \"RANI KI VAV\" on the reverse, depicting the country's rich cultural heritage.

The FRDI Bill, introduced in the Lok Sabha last August, had drawn protests from the Opposition, the bank unions and the public alike over its 'bail-in' clause, which was feared as harming the interest of depositors.

Addressing shareholders at the annual general meeting of the group flagship Ultratech Cement, Birla noted that the economy has shown considerable resilience to the transitory effects on demonetisation and GST rollout.