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Finance Minsitry would soon be issuing new guidelines on appointing the heads.

Interesting financial products that will ease your life

A look at some of the most interesting financial products that can ease things during trying times

11 Sept 2019 6:54 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:25 PM IST

PhonePe seeks to give users a simple, frictionless and secure platform to invest in insurance and mutual funds, the company said.

PhonePe seeks to increase user base with new insurance and mutual...

The Flipkart company hopes to become India's most comprehensive financial services platform.

17 Aug 2020 7:53 PM IST

Today various payments features exist across our apps, and we want to make sure decision making, execution and compliance are not fragmented, Facebook said. We want to be able to give people the ability to make a payment however they choosedebit, credit or Libra digital currencies. (Photo | AFP)

Facebook carves out a unit focused on its financial payments...

Facebook Financial will handle management and strategy for all payments and money services across the Silicon Valley...

11 Aug 2020 8:36 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

RBI may go for 3 rate hikes from December quarter: report

It may go for three rate hikes by 2019 taking the key policy rate to 6.75 per cent.

14 May 2018 2:10 PM IST

Prime Minister Narendra Modi speaks in the Lok Sabha on no-confidence motion during the Monsoon Session of Parliament. (Photo: PTI via AP)

Narendra Modi to launch India Post Payments Bank on August 21

IPPB will have at least one branch in every district and focus on financial services in rural areas.

5 Aug 2018 1:00 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Banks to come out of PCA framework by this fiscal: Rajiv Kumar

Various measures taken by the government including implementation of Insolvency and Bankruptcy Code has yielded good...

16 Aug 2018 4:40 PM IST

Prime Minister Narendra Modi adderesses during the launch of India Post Payments Bank (IPPB), in New Delhi. (Photo: PTI)

Postmen to turn bankers with Modi's new payments bank

Modi has sought to end what he has called financial untouchabilityâ€ by giving millions of people access to banking...

2 Sept 2018 12:42 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

India's e-commerce market to surpass USD 100 billion by 2022: report

The e-commerce market is worth about USD 35 billion at present.

7 Sept 2018 5:50 PM IST

RBI kept interest rates unchanged despite calls for lowering it while it slashed the economic growth projection by half a per cent to 7.1 in the first policy review post demonetisation.

India's economic growth to slow in second half of this fiscal: UBS

The Indian economy grew at a two-year high of 8.2 per cent in the April-June quarter of current fiscal.

10 Sept 2018 5:44 PM IST

Adani Enterprises today said it has sold 100 per cent stake in its wholly-owned subsidiary Adani Energy Ltd (AEnL) for Rs 13.61 lakh.

Adani Capital to raise Rs 1,000 crore in growth capital in FY19

Company has so far raised Rs 35 crore through its maiden commercial paper issuance last month.

18 Sept 2018 11:41 AM IST

Higher opening in the domestic equity market influenced the rupee uptrend.

Equity market running ahead of fundamentals, time to book profits:...

The Indian equity market is the only major market to have seen an expansion in price/earnings ratio.

16 Sept 2018 11:15 AM IST