RBI to allow new kind of NBFC as account aggregator

Last Updated: Thursday, July 2, 2015, 20:03

The Reserve Bank will allow setting up new kind of NBFC which would act as account aggregator to help people see their accounts across financial institutions in a common format.

SC stays CERC order asking FTIL to transfer its shares of IEX

Last Updated: Thursday, July 2, 2015, 19:17

The Supreme Court on Thursday stayed the order of power sector regulator CERC asking Financial Technologies India Ltd (FTIL) to transfer all its shares of India Energy Exchange (IEX) to a trust demat account.

Centre to bring four labour codes to protect workers

Last Updated: Saturday, June 27, 2015, 17:10

The NDA Government is bringing in different initiatives like Universal Account Number (UAN), skill development, among others, for the benefit of workers, the Minister maintained.

All I-T refunds to be put directly in bank accounts: CBDT

Last Updated: Tuesday, June 23, 2015, 16:35

The department is also planning to fully adopt and use banking services to end the current system of sending I-T refunds over the value of Rs 50,000 via cheques through the postal department.

Gold dips below Rs 27,000 on weak global cues, low demand

Last Updated: Tuesday, June 23, 2015, 15:05

Continuing its losing streak for the third straight day, gold prices slipped below the Rs 27,000-mark by falling Rs 50 to trade at over two-week low of Rs 26,950 per at the bullion market today, tracking a weakening global trend amid slackened demand from jewellers.

EPFO makes UAN mandatory for all employers under its purview

Last Updated: Monday, June 22, 2015, 16:25

Retirement fund body EPFO today notified an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952.

Gold, silver extend losses on global cues, sluggish demand

Last Updated: Monday, June 22, 2015, 15:47

Falling for the second day, gold prices went down by Rs 100 to settle at Rs 27,000 per 10 grams at the bullion market today, tracking a weak global trend amid subdued demand from jewellers in the domestic market.

Dropbox rolls out File Requests feature which lets anyone upload files to an account

Last Updated: Thursday, June 18, 2015, 19:21

Dropbox has released a new feature that will allow people without an account of their own to share files with Dropbox users.

Gold imports tick up 10.47% to $2.42 billion in May

Last Updated: Tuesday, June 16, 2015, 14:03

Gold imports grew 10.47 percent to USD 2.42 billion in May on declining prices and easing of restrictions by RBI.

Twitter looks at on-phone apps to target new pitches

Last Updated: Thursday, June 11, 2015, 09:13

Twitter has launched a tool that takes into account what apps are on a smartphone or tablet when targeting pitches for other mini-programs people might want.

Current account deficit shrinks to 1-year low at 0.2%

Last Updated: Wednesday, June 10, 2015, 19:45

Current Account Deficit (CAD) fell sharply to its lowest level in a year at USD 1.3 billion or 0.2 percent of GDP in the fourth quarter of 2014-15, as trade gap narrowed on lower oil prices and robust foreign inflows.

EPFO settles 10.53 lakh PF claims in May

Last Updated: Friday, June 5, 2015, 22:10

Retirement fund body EPFO settled 10.53 lakh claims like PF withdrawals in May, of which 86 percent were disposed of within 10 days of receipt of application.