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Why the smaller castes are so important in UP's election

In the event of a triangular contest the winning party will need about 40 per cent of the votes polled.And it is here that the votes of the numerically smaller communities will come into play.......

Dazed by demonetisation twists? Read the new FAQ

Prime Minister Narendra Modi promised on November 8 that the pain due to demonetisation will ease within 50 days, yet within this duration the Reserve Bank of India has changed the rules at least......

Paytm app may lose access to digital wallet facility

The Paytm application (app) could potentially face a permanent loss of its integrated mobile wallet feature, currently owned by Paytm Payments Bank (Paytm PB). Photograph: Amit Dave/Reuters With......

In line with G20 countries, India may move away from Wholesale Price Index

India is planning to move from the Wholesale Price Index to Producer Price Index (PPI) in future as most of the G20 countries follow this practice, an official said. Photograph: PTI Photo from the......

RBI updates KYC instructions on wire transfers

The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers contain complete information about the originator and......

No charge on normal UPI payments, interchange fee not applicable to customers

National Payments Corporation of India (NPCI) on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. Photograph: PTI Photo However,......

Sensex declines 317 points on weak global markets

Benchmark indices Sensex and Nifty closed down by half a per cent on Friday following losses in IT and banking shares amid overall weak global market trends. Photograph: Shailesh Andrade/Reuters......

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