Finance ministry maintains that all KYC requirements will be followed.
Snapdeal said it will give its users the option to defer the delivery by a few days till new currency notes become easily available.
Here's what could be ahead for India: A $10-trillion economy by 2030-32, a Sensex at 1,00,000 by 2025, monthly GST revenues at Rs 2 trillion by 2024-25, 100 new unicorns by 2025, and poverty below 5 per cent by 2030, predicts R Jagannathan.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
We need a change in mindset, says the RBI Governor.
Tax Guru Anil Rego answers your personal income tax queries.
India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
If you want to keep your CIBIL Score alive and kicking (healthy) make sure you steer clear from the above mentioned common credit score killers.
Reliance Communications Ltd's subsidiary Reliance Mobile World on Wednesday announced introduction of LPG gas booking service on mobile phones.
Dollar gained against major currencies overseas.
Fund transfer through Facebook is meant for tech-savvy customers.
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
For the urban population, recalibration of ATMs has already started and they will start dispensing the new Rs 2,000 currency notes from Monday or Tuesday.
With a sole mandate of inflation targeting, RBI wears many hats.
Online and mobile based personal finance applications have gained importance over the past few years.
The government's Rs 20.97 lakh crore COVID-19 package lacks in addressing the immediate concerns of the economy as the actual fiscal impact of the additional stimulus is only about 1 per cent of the GDP as opposed to the claim of 10 per cent, Fitch Solutions said on Tuesday. Prime Minister Narendra Modi on May 12 announced a stimulus package of Rs 20 lakh crore, or nearly 10 per cent of GDP, to deal with the economic fallout of COVID-19. The contents of the package were broad-based and announced in five tranches.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
So far 2,06,024 pensioners have submitted DLCs.
Here are four ways to keep your credit score in the green
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
Are we running a cricket match using football rules, asks Ajit Balakrishnan.
The advice your mother gave you about choosing your friends wisely got a whole new meaning with lenders looking at your social media posts
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Around 1,267 private companies posted a 10.8 per cent rise in sales at Rs 3,58,446 crore (Rs 3,584.46 billion) in fiscal 2002-03 while interest payments declined by 11.7 per cent.
If you ever face a situation where your card transaction is declined, it is advisable to call your bank and check with them for the cause. In most cases, unless it's a fraudulent issue, the problems will be resolved on the phone.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
Many hurdles that investors could have faced after enrolling for the scheme have been removed.
Kingfisher Airlines said it would "vigorously challenge" the bank's decision.
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
UIDAI has asked police to investigate, it was not fully convinced about nature of the incident
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
Here are the key decisions announced by the Reserve Bank of India on Thursday.
SBI declared a dividend of 2.60 per cent for financial year 2015-16.
All these were done on the basis of forged papers.
