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RBI widens scope of Banking Ombudsman Scheme

RBI widens scope of Banking Ombudsman Scheme

The Reserve Bank the extended the scope of Banking Ombudsman Scheme under which banks could be penalised for mis-selling third-party products like insurance and mutual funds via mobile or electronic…

Indian IT export to grow 7-8% in current fiscal: Nasscom

Indian IT export to grow 7-8% in current fiscal: Nasscom

Indian IT export is projected to grow by 7-8 per cent in 2017-18, industry body Nasscom said in its guidance on Thursday. The domestic market is expected to grow 10-11…

Govt asks banks to deposit junked notes at RBI by July 20

Govt asks banks to deposit junked notes at RBI by July 20

The government has permitted banks and post offices to deposit junked Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20. This is the second window the…

Honda CLIQ launched in India at Rs 42,499

Honda CLIQ launched in India at Rs 42,499

Honda Motorcycle and Scooter India (HMSI) has launched the very surprising Honda CLIQ 110 cc scooter in the country. The newest offering is a rugged and more utilitarian iteration of…

GST: Credit card bill, insurance premium to get costlier

GST: Credit card bill, insurance premium to get costlier

Credit card providers, banks and insurers have started alerting their customers to pay higher tax post implementation of Goods and Services Tax (GST) from July 1. Customers currently pay 15…

Union Cabinet to take a call on Air India, says Minister

Union Cabinet to take a call on Air India, says Minister

Inter-ministerial consultations on the future course of action for Air India have been completed and the Cabinet would decide on how best to move forward, Union minister Jayant Sinha said.…

Now, Vodafone’s Rs 29 recharge offers unlimited data for 5 hrs at night

Now, Vodafone’s Rs 29 recharge offers unlimited data for 5 hrs at night

In a bid to challenge Reliance Jio, which has crossed 112 million subscribers as of April, Vodafone has launched a new pack for its prepaid customers offering them unlimited internet…

Govt all set to ring in GST at stroke of June 30 midnight

Govt all set to ring in GST at stroke of June 30 midnight

Reminiscent of India’s tryst with destiny at the mid-night of August 15, 1947, Parliament’s historic Central Hall will host a function on the intervening night of June 30-July 1 to…

Moto C Plus launched in India at Rs 6,999

Moto C Plus launched in India at Rs 6,999

Motorola Moto C Plus has been launched in India at a price of Rs 6,999 and will go on sale from June 20 on Flipkart. First launched last month globally,…

BMW to invest Rs 130 cr in India to rev up operations

BMW to invest Rs 130 cr in India to rev up operations

German luxury carmaker BMW is investing another Rs 130 crore in India to enhance operations, taking its total investment in the country to Rs 1,250 crore. The company will launch…

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