Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Wednesday, January 29, 2020

money

WEF forms consortium for digital currency governance

The World Economic Forum announced the first global consortium focused on designing a framework for the governance of digital currencies, including s...

SBI Life Insurance Q3 net profit up 47.5%

Private life insurer SBI Life Insurance posted a 47.5 percent year-on-year (YoY) increase in its December quarter (Q3) net profit at Rs 389.77 crore....

CII urges Centre to converge all corporate taxes to 15%

The Confederation of Indian Industry has urged the Centre to converge multiple corporate tax rates to 15 per cent by April 2023 without any exemption...

ICICI Bank seeks recovery of amounts from Chanda Kochhar

The ICICI bank has approached the Bombay High Court seeking effect to 'termination of appointment' of Chanda Kochhar as its Managing Director and CEO...

I-T dept eyes to raise collection in MP, Chhattisgarh

The Income Tax Department is looking at adopting different measures, including adding new taxpayers, to increase the tax collection in Madhya Pradesh...

India's per-capita income rises 6.8% to Rs 11,254 a month in FY20

The country's per-capita monthly income is estimated to have risen by 6.8 per cent to Rs 11,254 during 2019-20, government data on national income sh...

6 of top-10 firms lose Rs 26,624 cr in m-cap

Six of the 10 most valued Indian companies suffered a combined erosion of Rs 26,624.10 crore in market valuation last week, dragged down by ICICI Ban...

RBI launches app to help visually impaired identify notes

The Reserve Bank of India (RBI) Governor Shaktikanta Das launched a mobile app to help visually-impaired people to identify the denomination of curre...

Forex reserves hit record high at $457.46 bn

The country's foreign exchange reserves swelled by USD 2.520 billion to touch a record high of USD 457.468 billion in the week to December 27, accord...

Gold zooms Rs 752 on strong global trends, weak rupee

Gold prices zoomed Rs 752 to Rs 40,652 per 10 gram in the national capital on Friday on strong global trend and weak rupee, according to HDFC Securit...

SBI introduces OTP-based ATM cash withdrawal rule

Considering the rise on ATM-related frauds, State Bank of India (SBI) has introduced a one-time password (OTP)-based cash withdrawal system for its A...

Forex reserves climb USD 456 mn to record USD 455 bn

The country's foreign exchange reserves increased by USD 456 million to a fresh lifetime high of USD 454.948 billion in the week to December 20, acco...

Over Rs 300 cr invested in airport infrastructure in FY'20

The government said it has invested over Rs 300 crore in the airport infrastructure till November. In an official statement, the aviation ministry al...

FinMin sets Rs 1.1 lakh cr monthly GST collection target

Amid talks of the government likely to miss tax collection target, the Finance Ministry has set a Rs 1.1 lakh crore monthly GST mop-up target for the...

GST Council fixes 28% uniform tax rate for lottery

The GST Council on Wednesday resorted to voting for the first time to decide on an issue as it fixed a uniform tax rate of 28 per cent on both state ...

Forex reserves touch all-time high of $453 bn

The country's foreign exchange reserves surged by USD 2.342 billion to touch a life-time high of USD 453.422 billion in the week to December 6, accor...

ICICI Bank inaugurates new service center in Bahrain

ICICI Bank said India's Ambassador to Bahrain Alok Kumar Sinha inaugurated its new 'service center' in Bahrain, making it the bank's second physical ...

Currency in circulation rises to Rs 21 lakh cr as on March 2019

Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-...

Budget-making team of FinMin short of 2 key officials

The budget-making team of the Finance Ministry is short of two key officials, including a full-time expenditure secretary, while the preparation for ...

Sensex rises 42 points; bank, auto stocks shine

Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on ...