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Use credit or debit card? Here are the benefits govt has planned for you

Last Updated: Tuesday, June 23, 2015, 11:14

The government has proposed income tax benefits for people making payments through credit or debit cards. This move also aims to boost digital payement and encouraging non-cash transactions.

IMF`s Lagarde says `no period of grace` for Greek debt payment

Last Updated: Thursday, June 18, 2015, 17:52

International Monetary Fund chief Christine Lagarde warned cash-strapped Greece Thursday it will get no extra time to make a huge debt payment due at the end of the month.

Cotton sowing begins in Vidarbha

Last Updated: Tuesday, June 16, 2015, 13:55

Cotton is grown in about two lakh hectare of cultivation area here out of a total of 4.75 lakh hectares, she said.

Cash market brokers' count halves in April

Last Updated: Thursday, June 4, 2015, 18:54

The number of stock brokers operating in the cash segment almost halved to 3,195 in April this year, while a dip was seen in the numbers of sub-brokers and that of brokers in equity and currency derivatives markets as well.

ATM use: HDFC Bank to stop paper slips,to send detailed SMSes

Last Updated: Sunday, May 31, 2015, 12:40

This is a part of the digital initiative for the bank, under which it had last year launched the 'Green PIN' scheme wherein card-users were given the PIN numbers electronically rather than in a printed kit, the official said.

NSE equity market turnover hits record-high at Rs 43,621 crore

Last Updated: Friday, May 29, 2015, 18:58

As many as 117.24 crore shares were traded on the National Stock Exchange (NSE), amounting to Rs 43,621.27 crore, a record high for a day, the bourse said.

Nifty snaps 4-day losing streak, up 115 points

Last Updated: Friday, May 29, 2015, 18:43

Total of 11,724.27 lakh shares changed hands in 1,09,46,057 trades and the total market capitalisation of the NSE stood at Rs 1,00,20,665 crore.

Banks want RBI to do more than just cut rates to spur lending

Last Updated: Thursday, May 28, 2015, 12:24

Bankers say the Reserve Bank of India should take steps to boost liquidity in addition to delivering a widely expected interest rate cut next week if it hopes to see lower lending rates and a pick-up in credit growth.

Walmart to open two wholesale stores in Andhra, Punjab

Last Updated: Tuesday, May 26, 2015, 18:22

Walmart recently received all internal approvals for opening two new cash-and-carry stores in India, one in Vizag in Andhra Pradesh and second one in Ludhiana, their second store in the city in Punjab.

Tech Mahindra Q4 net profit dips 23% to Rs 472 cr

Last Updated: Tuesday, May 26, 2015, 16:57

The company had a debt at Rs 700 crore as of March 31, while cash and cash equivalent stood at Rs 3,212 crore.

RBI discussion paper on cashless economy shortly: Padmanabhan

Last Updated: Thursday, May 21, 2015, 16:20

The Reserve Bank is in discussions with the government on ways to reduce cash usage in the system and will soon be coming out with a paper on the same, its executive director G Padmanabhan said on Thursday.

Maharashtra tops in NSE's equity retail participation with 38% rise

Last Updated: Tuesday, May 19, 2015, 17:24

The retail growth in the cash market was also fuelled by the fact that 12 IPOs were launched during the period.