Search Results for: HDFC Bank

India's forex reserves down by over $2.4 bn, gold reserves down by $884 mn

India's forex reserves down by over $2.4 billion as of April 2 while the value of the country's gold reserves fell by $884 million to $34.023 billion

Apr 11, 2021

Lost golden city discovered in Egypt; archeologists find 3,000-year-old ancient civilisation in Luxor [Photos]

An expedition led by noted Egyptologist Dr. Zahi Hawass has discovered the 3,000-year-old 'Lost Golden City' near the city of Luxor in Egypt, complete with a cemetery, bakery and more.

Apr 9, 2021

RBI asks banks to refund 'interest on interest' collected during Covid moratorium on loans

The Reserve Bank of India (RBI) has directed all banks and NBFCs to immediately put in place a board-approved policy to refund or adjust the 'interest on interest' charged to borrowers during the moratorium period of March 1 to August 31, 2020.

Apr 8, 2021

Adar Poonawalla on challenges, putting India first, need to ramp up vaccine capacity [details]

He also said that in temporarily halting exports and prioritizing India, he has lost a lot of goodwill with export partners but eventually they understand.

Apr 8, 2021

Two Karnatata cadre IAS officers bag secretary posts in GoI [details]

Karnataka cadre IAS officers Ajay Seth, Anil Kumar Jha have received central postings as secretaries in DEA and Ministry of Tribal Affairs, respectively.

Apr 6, 2021

UP Police file 5,000-page chargesheet in Hathras case against journalist Siddique Kappan among others

The 5,000-page charge sheet filed on Saturday, said that the accused received funds from abroad to incite caste riots in Hathras. The charge sheet has been accepted and the court has fixed May 1 as the next date of hearing.

Apr 5, 2021

Covid Impact: Sensex tanks 1,300 points; banking, auto stocks plunge; PVR, Inox worst hit

Sensex tanks 1,300 points; banking, auto stocks plunge while the shares of multiplex players PVR and Inox Leisure plunged after the decision to shut cinema halls and multiplexes amid rising number of Covid cases

Apr 5, 2021

Finance Ministry's April Fool's Day gaffe: PPF rate cut order withdrawn after criticism

The step sparked outrage and may have put the ruling BJP in jeopardy in the ongoing assembly elections, prompting the government to act quickly to mitigate the damage.

Apr 1, 2021

K'taka minister writes to Guv accusing CM Yediyurappa of being autocratic [details]

K.S. Eshwarappa, has written to the Raj Bhavan complaining against Chief Minister Yediyurappa's alleged autocratic style of functioning. Details here.

Apr 1, 2021

Andhra Pradesh CM lays foundation stone for 1.5 km wall

Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday laid the foundation stone to construct a retaining wall on the left bank of Krishna river to protect thousands of houses from flooding during the monsoon season.

Mar 31, 2021

TikTok Parent ByteDance's Bank Accounts Said to Be Blocked by India for Alleged Tax Evasion

Indian authorities have blocked at least two of ByteDance's bank accounts for alleged tax evasion, prompting it to ask a court to quash the directive that it fears will hit its operations, two sources with direct knowledge told Reuters.

Mar 31, 2021

Auto-debit payments to fail next month; consumers must pay bills manually [here's why]

The Reserve Bank of India had intimated banks, card networks, and online vendors to comply with new rules for two-factor authentication for customers' recurring payments through debit and credit cards by March 31, 2021.

Mar 30, 2021

Pakistan PM Imran Khan Replaces Finance Minister; Hammad Azhar is new FM

Pakistan Prime Minister Imran Khan removed his finance minister on Monday as part of a government shake-up aimed at bringing in policies to control "rising inflation", the information minister.

Mar 30, 2021

MobiKwik says user data safe and secure; denies breach of 3.5mn users amid IPO plans

Independent cybersecurity researchers have claimed that a database containing KYC details of nearly 3.5 million users of MobiKwik is up for sale on the Dark Web.

Mar 29, 2021

Visa granted to spouses of H-IB Visa holders

Visa To Allow Payments Using Cryptocurrency, Says "Seeing Demand"

Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, it said.