Smart ring allows payments via gestures at $53
The Visa-enabled 'NFC Ring', which was tested out by select athletes during Rio Olympics...
Featured News
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Focus on agri, jobs, poverty eradication
February 23, 2016 01:15 AMAll eyes are set on the Union Budget 2016 announcement on February 29. There are expectations that Finance Minister Arun Jaitley will announce the tax and regulatory policy structural reforms to boost growth and investments.
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Banks don't need watchdog!
February 19, 2016 00:27 AMBad loans are plaguing the banking system of India
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Currency markets in uneasy mood
February 01, 2016 00:23 AMThe Federal Open Market Committee (FOMC) interest rate decision at the end of the month over shadowed the Rupee
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United Bank approves 395 loans
February 01, 2016 00:19 AMUnited Bank of India approved 395 loans to the tune of Rs 34 crore in the Retail Credit Camps conducted January 30, 2016
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INR still under pressure
January 18, 2016 00:24 AMThe first two weeks of the new trading year have seen the Indian Rupee
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Andhra Bank opens 2nd tranche gold bond scheme
January 18, 2016 00:23 AMAndhra Bank announced the opening of Sovereign Gold Bond (SGB) Scheme
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SBH appeals banks not to join strike
January 07, 2016 00:32 AMAll India Bank Employees Association (AIBEA) of which State Sector Banks Employees Association
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Transfast aims to boost inward remittances
January 06, 2016 00:19 AMNew York based money transfer company Transfast is targetting to strengthen
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SBH donates to Tamil Nadu CM relief fund
January 06, 2016 00:18 AMState Bank of Hyderabad (SBH) employees donated their one day wage amounting
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Andhra Bank enables IMPS
January 06, 2016 00:17 AMAndhra Bank launched Immediate Payment Service (IMPS) through its branches
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FPIs' net inflow drops to $7.4 bn
January 04, 2016 00:13 AMOverseas investors poured in just about $7.4 billion in the Indian debt markets in 2015
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SFIO probes 11 cos in Rs 6,000-cr BoB forex scam
December 09, 2015 00:27 AMSFIO has launched probe against 11 companies, including an entity named Dabang Marketing and Trading, for alleged involvement in the estimated Rs 6,000 crore suspicious forex transactions at a Bank of Baroda (BoB) branch.
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RBI keeps rate unchanged, affirms future hopes
December 01, 2015 12:29 PMRBI Governor Raghuram Rajan on Tuesday kept the key policy rate unchanged, but affirmed the central bank's commitment to ease it as and when room is available, saying inflation is likely to perform better than expected.
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New base rate guidelines for banks soon: RBI
December 01, 2015 12:25 PMThe Reserve Bank on Tuesday said it will shortly announce methodology for determining the base rate taking into account the marginal cost of funds, a move aimed at ensuring that banks pass on policy rate cuts to borrowers.
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Rupee battles resurging USD tide
November 23, 2015 00:39 AMThe combination of an expected December flight by the Federal Reserve's interest rate hawks
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Arun Jaitley to meet PSU bank heads on Nov 23
November 16, 2015 00:09 AMFinance minister Arun Jaitley will meet heads of public sector banks (PSBs) on November 23 to discuss various issues
Arun Jaitley to meet PSU bank heads on Nov 23
Finance minister Arun Jaitley will meet heads of public sector banks (PSBs) on November 23 to discuss various issues...
Rajan appointed as VC on BIS Board
Raghuram Rajan, governor of the Reserve Bank of India has been elected as the vice-chairman...
CNX Nifty renamed as Nifty 50
NSE rebranded all its indices to include 'Nifty' in their names as against the name 'CNX' used currently...
INR hits US Fed roadblock again
The Indian Rupee (INR) gained a reprieve in October based on Central bank and fiscal interventions...
US dollar ends cheaper against rupee
The US dollar ended cheaper against the rupee at 65.49 per dollar and the pound sterling also finished lower at Rs 100.9...
FPIs net inflow hit 7-month high
Foreign portfolio investors (FPIs) pumped in over Rs22,350 crore ($3.44 billion) in the Indian capital markets in Octobe...
Centre approves 16 FDI proposals worth Rs 4,722 cr
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its recent meeting...
India Inc's external borrowings down 32%
External commercial borrowings (ECBs) by Indian firms declined by 32 per cent to $2.61 billion...
Unexpected recovery of rupee at pause
After unexpectedly benefitting from the largely surprising 0.5 per cent interest rate cut from the Reserve Bank of India...
RBI rate cut benefits Rupee
Reserve Bank's decision to cut interest rates once again in 2015...