Business

December 10, 2016 2:08 PM

RBI asks banks to upload KYC with central registry from Jan 1

Reserve Bank has directed all Scheduled Commercial Banks (SCBs) to upload the Know Your Customer or KYC data pertaining to new individual accounts opened on or after January 1, with Central KYC Records Registry. Besides, it has been decided to allow One Time Pin (OTP) based e-KYC subject to certain ...

December 10, 2016 8:13 AM

Rs 4.27 lakh crore notes issued after demonetisation: RBI

The RBI has said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills. The Bank also said that it "will shortly" issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Serie...

December 10, 2016 8:06 AM

Total sown area of Rabi crops crosses 4 crore 72 lakh hectares

Rabi crops have been sown in over four crore 72 lakh hectares till date which is more than 34 lakh hectares during the corresponding period last year. Data released by the Agriculture Ministry said, wheat has been sown in over two crore 25 lakh hectare which is about 23 lakh hectare more than last y...

December 9, 2016 9:05 PM

Total sown area of Rabi crops crosses 4 crore 72 lakh hectares till date

Rabi crops have been sown in over four crore 72 lakh hectares till date which is more than 34 lakh hectares during the corresponding period last year. Data released by the Agriculture Ministry said, wheat has been sown in over two crore 25 lakh hectare which is about 23 lakh hectare more than last y...

December 9, 2016 11:20 AM

Rs 4.27 lakh crore notes issued after demonetisation: RBI

The RBI has said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills. The Bank also said that it "will shortly" issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Serie...

December 9, 2016 11:18 AM

RBI asks banks to upload KYC with central registry from Jan 1

Reserve Bank has directed all Scheduled Commercial Banks (SCBs) to upload the Know Your Customer or KYC data pertaining to new individual accounts opened on or after January 1, with Central KYC Records Registry. Besides, it has been decided to allow One Time Pin (OTP) based e-KYC subject to certain ...

December 9, 2016 11:15 AM

India-UK Conference on Ease of Doing Business inaugurated in Delhi

The India-UK Conference on Ease of Doing Business has been jointly inaugurated yesterday by Secretary, Ministry of Commerce and Industry, Ramesh Abhishek and British High Commissioner Dominic Asquith in New Delhi.The two day conference will act as an opportunity to enhance the strategic bilateral pa...

December 9, 2016 11:13 AM

Gold recovers by Rs 110, ends 3 day fall

Snapping three days of losses, gold gained 110 rupees to 28,710 rupees per ten grams at Delhi's bullion market yesterday on scattered buying by jewelers and a firm global trend.Silver surged 750 rupees to 41,600 rupees per kilo on increased off-take by industrial units and coin makers. Silv...

December 8, 2016 4:47 PM

Gold recovers by Rs 110, ends 3 day fall

Snapping three days of losses, gold gained 110 rupees to 28,710 rupees per ten grams at Delhi's bullion market today on scattered buying by jewelers and a firm global trend.Silver surged 750 rupees to 41,600 rupees per kilo on increased off-take by industrial units and coin makers. Silver c...

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