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RBI, Rs 100, lavender colour, India, security feature

Made in India: RBI unveils first-ever 'swadeshi' lavender-hued Rs 100 note

Reserve Bank of India will soon release the country's first 'Made in India' Rs 100 banknote with an all-new lavender colour, design inspired from Gujarat's cultural heritage and also with security features to validate the authenticity of the banknote.

Jul 20, 2018

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Weak Rupee, no-confidence vote help IT stocks soar

Sensex sees a rise as Rupee weakens after a no-confidence vote and a drop in the value of the Yuan. IT stocks are the biggest earners from the weakening value of India's currency.

Jul 20, 2018

Grab a beer over Game of Thrones! 'Mother of Dragons' beer inspired by Dany Targaryen

Brewery Ommegang is introducing the 'Mother of Dragons' limited beer as homage to one of the most popular characters on the HBO series - Daenerys Targaryen - as a part of their Royal Reserve Collection.

Jul 19, 2018

IIT engineers all set to challenge draconian law criminalising homosexuality

Meet Akhilesh Godi, one of the 20 openly gay students and alumni of various IITs across India, whose position as products of some of the country's most elite schools has made them one of the most high-profile groups challenging Section 377.

Jul 18, 2018

Olive Ridley turtles at Rushikullya beach

Odisha focuses on eco-tourism, aims to get 23 million tourists by 2021

The state is looking at boosting tourism the eco-tourism and medical tourism attractions under its dynamic tourism policy. With the 2018 Men's Hockey World Cup also scheduled to be held in the state, Odisha is looking to boost its credentials as a tourism hotspot.

Jul 17, 2018

Oil climbs from three-month low as more oil workers strike in Norway

Brent crude prices rose from a three-month low on Tuesday after more oil workers went on strike in Norway, supporting a market that has been dominated by oversupply issues in recent days.

Jul 17, 2018

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IT raid at Tamil Nadu highway contractor reveals cash worth Rs 100 crore, 90kg of gold

A raid at over 20 premises of construction company Ms SPK and Company has unearthed cash worth Rs. 100 crore and gold bullion estimated at around 90kg. Raids on firm's other offices expected to extend for another day.

Jul 17, 2018

Government to rescue public sector banks; might infuse Rs 8,000 crore

In January 2018, the government had announced a capital infusion of Rs. 88,000 crore to 20 public sector banks in the current financial year.

Jul 17, 2018

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NPA 'irregularities': ICICI Bank launches second inquiry

The allegations are related to cases where the bank have inflated profits by at least $1.3 billion over eight years by delaying provisioning for 31 non-performing assets (NPA) accounts.

Jul 16, 2018

Indian IT companies witness drop in foreign portfolio investors' exposure

Interestingly, one of the major features of the Indian markets in the current year has been the high volatility in terms of investment when it comes to foreign inflow and outflow

Jul 16, 2018

china, china economy, china growth rate 6.7 percent, china growth rate 6.7%, xi jinping, indian economy

China second-quarter GDP growth slows to 6.7 % amid US trade war

Faced with a slowdown in domestic demand and the potential fallout from the trade war, Chinese policymakers have started to step up policy support for the economy and have softened their stance on deleveraging.

Jul 16, 2018

Airtel Payments Bank gets RBI approval to start taking in new customers

The digital bank was earlier fined Rs. 5 crore and suspended from enrolling new customers after violating KYC norms. The RBI and UIDAI have given the company the green light to begin accepting new customers after Airtel made changes to its KYC policy.

Jul 12, 2018