Garden Reach Shipbuilders & Engineers Ltd on Thursday launched the seventh landing craft-utility (LCU) vessel for the Indian Navy. ...
Taking a cue from global markets, the key Indian equity market indices opened flat on Thursday....
Gujarat's District Central Cooperative Banks (DCCBs) have called for a "united fight" against the Reserve Bank of India (RBI) for not allowing them to exchange defunct currency notes or have them ...
In the face of relentless opposition attack, the government on Wednesday said over 93 per cent of the people who responded in a survey on the Prime Minister's official ...
Kultaran Singh Atwal, a transporter, owns seven trucks. Now, he says, he is forced to keep five of his fleet idle due to demonetisation, as he has been deprived of the minimum Rs 20,000 cash per truck per trip that he requires as running expenses....
Union Minister for Information and Broadcasting M. Venkaiah Naidu on Wednesday said that Prime Minister Narendra Modi is aiming for a cashless economy and would not roll back the demonetisation move. "The government is committed to fight against corruption. This is also a fight against those who have not declared their black money. Modiji gave them time...
The Finance Ministry on Wednesday said that of the 2 lakh ATMs in the country, 82,000 have already been recalibrated and people can withdraw the new Rs 500 and Rs 2,000 notes from these. Economic Affairs Secretary Shaktikanta Das said it was only a matter of few days that the recalibration of all ATMs across the country would be completed. "Out of two lakh odd...
The government on Wednesday sanctioned Rs 21,000 crore from the National Bank for Agriculture and Rural Development (Nabard) to district cooperatives, which will be used towards crop loans for farmers with some cash component for payment of wages and agri-inputs. Briefing reporters, Economic Affairs Secretary Shaktikanta Das said the money sanctioned...
Aimed at testing systems and processes ahead of a full-scale pan-India launch, Airtel Payments Bank has rolled out a pilot of its banking services in Rajasthan, a company statement said here on Wednesday. Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 per cent per annum on deposits in savin...
A high percentage of start-ups are experiencing a slow down in receivables and transaction flow as a result of demonetisation of high-value currency notes, a survey has revealed. "A higher percent of start-ups and small and medium-sized enterprises (SMEs) experienced a slowdown in funding and expansion plans," according to a survey c...
