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Now, you may need recipients' permission to do bank transfer
Business

Now, you may need recipients' permission to do bank transfer

In a unique development, banks may be required to seek permission from account holders before money is transferred into their accounts, reports said.
RBI's Deputy Governor Viral Acharya quits before term ends: Report
Business

RBI's Deputy Governor Viral Acharya quits before term ends: Report

Viral Acharya, the Deputy Governor of Reserve Bank of India (RBI), has tendered his resignation, Business Standard reported on Monday.
Reliance Jio to launch WeChat-like Super App with 100+ services
Business

Reliance Jio to launch WeChat-like Super App with 100+ services

Reliance Jio is working to launch a Super App which will provide over 100 services under one platform, according to a Business Standard report.
NITI Aayog: Report claiming 45-year high unemployment unverified
Business

NITI Aayog: Report claiming 45-year high unemployment unverified

Following reports that India's unemployment rate had hit a 45-year high, NITI Aayog Vice-Chairman Rajiv Kumar, on Thursday, clarified that the data was "not verified" and was still being processed.
Unemployment at 45-year high after demonetization, stalled NSSO report shows
Business

Unemployment at 45-year high after demonetization, stalled NSSO report shows

During 2017-18, India's unemployment rate touched a 45-year high of 6.1%, a previously unreleased National Sample Survey Office (NSSO) report has revealed.
HDFC mobile banking app remains inaccessible for 6 days
Business

HDFC mobile banking app remains inaccessible for 6 days

Last week, HDFC bank launched its next-generation mobile banking app for Android and iOS.
#MeToo hits Indian media, women are calling out predators
India

#MeToo hits Indian media, women are calling out predators

The #MeToo movement gave women the courage to speak up, the comfort to confront their harassers, and seeded the idea they will be heard.
Aadhaar helpline number auto-saved on phones: Check your contact-list now
India

Aadhaar helpline number auto-saved on phones: Check your contact-list now

Have you ever saved UIDAI's number on your phone? Even if you haven't, chances are your phone will have the number saved. Search for 'UIDAI.'
State-run banks mull performance-linked pay for employees at the top
India

State-run banks mull performance-linked pay for employees at the top

In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.

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