RuPay cards of all PSBs now e-commerce enabled: NPCI

Last Updated: Monday, April 6, 2015, 20:25

The National Payments Corporation of India (NPCI) on Monday said it has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks.

RBI official calls for caution on foreign investor debt limits

Last Updated: Monday, April 6, 2015, 12:39

Foreign investors can now buy up to $30 billion of government bonds and $50 billion of corporate bonds.

RBI says rupee transactions will not be allowed in international centres

Last Updated: Wednesday, April 1, 2015, 19:00

The government is setting up the first IFSC in Prime Minister Narendra Modi`s home state, Gujarat, which will be known as Gujarat International Finance Tec-City (GIFT).

Ease of doing biz: ICAI seek more changes to companies law

Last Updated: Wednesday, April 1, 2015, 17:53

To make doing business easier, chartered accountants' grouping ICAI has sought more changes in norms governing companies, including those pertaining to related party transactions.

PE players seal over $737 mn deals in February: Thornton

Last Updated: Sunday, March 15, 2015, 13:27

The first two months of this year saw PE deals worth nearly USD 1.9 billion.

Benami property bill soon, PAN needed for over Rs 1 lakh purchase

Last Updated: Saturday, February 28, 2015, 21:09

As regards curbing domestic black money, a new and more comprehensive Benami Transactions (Prohibition) Bill will be introduced in the current session of the Parliament.

RBI to issue norms for single authentication in few weeks: Khan

Last Updated: Sunday, February 22, 2015, 16:29

"The process is under way... We will come out with guidelines (on single authentication payment) in the next few weeks," RBI Deputy Governor H R Khan told PTI.

India eases some restrictions on shadow bank lending

Last Updated: Saturday, February 21, 2015, 00:04

The Reserve Bank of India (RBI) on Friday eased lending regulations governing the country`s shadow banking industry, removing investor limits and the need for collateral guarantees on standard debt transactions.

Snapdeal for single-factor authentication for low value deals

Last Updated: Sunday, February 15, 2015, 12:58

E-commerce major Snapdeal has sought a staggered approach for ushering in single-factor authentication regime for small value transactions, starting initially with a cap of Rs 3,000.

FreeCharge raises $80 mn from Valiant, others

Last Updated: Friday, February 6, 2015, 14:14

Mobile transactions platform FreeCharge on Friday said it has raised USD 80 million (about Rs 494 crore) from Valiant Capital Management, Tybourne Capital Management as well as the already invested firms.

India not yet ready for full rupee convertibility: Khan

Last Updated: Thursday, January 29, 2015, 17:30

India is not yet ready for full capital account convertibility of rupee as the country is an expanding economy and need stability on the external front, Reserve Bank deputy governor H R Khan said.

PropTiger enters secondary market property deals space

Last Updated: Sunday, January 18, 2015, 12:32

Backed by funding from Rupert Murdoch-led News Corp, realty portal PropTiger has forayed into secondary market property transactions and plans to expand operations in ten more cities in the next 18 months.