RBI imposes Rs. 30 mn penalty on IndusInd Bank

New Delhi [India], Dec 13 (ANI):The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 30 million on...

Retail inflation in November sees uptick to 4.88 percent

New Delhi [India], Dec 12 (ANI): India's retail inflation on Tuesday grew at 4.88 percent in November, citing an...

AxisRooms introduces vacation rental product for homeowners...

New Delhi [India], Dec 12 (ANI): AxisRooms, a travel distribution solutions provider for hotels and travel...

Pak to depreciate currency after talks with IMF

Islamabad [Pakistan], Dec 9 (ANI): Pakistan has agreed to allow the depreciation of rupee post talks with the...

Manipur CM distributes monetary aid under illness assistance fund

Imphal (Manipur)[India], December 09 (ANI): Manipur Chief Minister N. Biren Singh has distributed monetary aid worth...

RBI caps merchant discount rates to boost debit card transactions

Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on...

Banking system liquidity moving towards neutrality: RBI Dy Gov

Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday...

Looming inflation may hamper interest rate cuts

New Delhi [India], Nov 25 (ANI): Inflation is expected to remain a key concern both for the government and Reserve...

Moody's upgrade well deserved for India's fiscal path: Chanda...

New Delhi [India], Nov 17 (ANI): Hailing the upgrade made by US-based Moody's over India's sovereign credit rating,...

Mobiles will soon replace ATMs, debit/credit cards: NITI Aayog CEO

Noida (Uttar Pradesh) [India], November 12 (ANI): Amid the ongoing digitisation drive in India, NITI Aayog CEO...

CPEC to benefit China more than Pakistan: Report

Bejing [China], Oct 29 (ANI): The multibillion-dollar China Pakistan Economic Corridor (CPEC), which is part of...

Corruption, not India, is biggest threat to CPEC, says expert

New York [U.S.A.], October 13 (ANI): Corruption, and not India, is the biggest threat for the multi-billion-dollar...