No sharing users’ financial data with Facebook, says WhatsApp
After facing weeks of criticism over allegations of sharing financial data with Facebook, WhatsApp, the social media giant’s chat messenger, clarified on Friday that vital payments data was not shared between the two firms. In its FAQ section, WhatsApp.com included clarifications around who it sends payments information to. “When you make a payment, WhatsApp creates the necessary […]
Sensex surges over 200 points, Nifty above 10,500
Mumbai: The BSE benchmark Sensex surged over 200 points in afternoon trade on Friday amid buying in most sectors, reflecting positive investor sentiment on strong macroeconomic numbers released on Thursday. Buying was led by realty, healthcare, telecom, energy, banks, financials, basic materials, auto, IT, Teck and consumer durables sectors. The successive growth in fourth straight […]
Govt asks oil retailers not to increase petrol, diesel prices
Mumbai: The government has asked state-run oil marketing companies not to increase retail prices of petrol and diesel and to absorb a part of losses due to spurt in global crude oil prices, reports said. Shares of oil marketing companies plummeted following reports that the government is asking these firms to absorb price hikes. Both Hindustan […]
JK Bank EP inaugurates refurbished Faridabad branch, ATM
Srinagar, : Executive President Vagish Chander,inaugurated the newly renovated and refurbished premises and ATM of its Faridabad , Haryana branch on 9th of April 2018 in the presence of Mrs Rajini Saraf, Zonal Head, Delhi North , Vice-presidents Janak Raj and Sareesh Sharma amid large number of valuable clients, senior citizens and local residents. Speaking […]
Jammu and Kashmir Bank Khidmat Centers fail to impress
Srinagar,): Jammu and Kashmir Bank opened in the state about a decade back its wide network of Khidmat centers to create employment opportunities and provide basic services to the people at their doorsteps. The motivational thrust was to have access to information, backed with relevant infrastructure and services, not only allows rural populace to improve […]
RBI cracks down on digital currencies; plans own cryptocurrency
Mumbai: The Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins and also announced a study to explore introduction of ‘fiat’ digital currencies which can be issued by it. An interdepartmental group has been constituted to study and provide guidance on the “desirability and feasibility” to introduce a “central […]
Senior doctor at AIIMS performs wrong operation, tampers documents
New Delhi: In a shocking incident of medical negligence, a senior doctor at AIIMS allegedly performed a procedure required for dialysis treatment on a 30-year-old woman who had complained of abdominal pain, and tampered with documents to cover up his fault. A committee has been formed under the chairmanship of Dean Dr Y K Gupta on […]
RBI fines ICICI Bank Rs 59cr for breach of securities sale rules
Mumbai, March 29 : The Reserve Bank of India (RBI) said on Thursday it has imposed a penalty of Rs 58.9 crore on ICICI Bank for non-compliance of its directions on direct sale of securities from its held-to-maturity (HTM) portfolio and specified disclosure. The HTM securities are not meant for trading. “This penalty has been […]
RBI Holds 39th Empowered Committee Meeting on MSMEs at Srinagar
Srinagar, March 28: The 39th Empowered Committee (EC) meeting on Micro and Small and Medium Enterprises (MSMEs) in the State of Jammu & Kashmir was held on March 27, 2018 at Srinagar. The meeting was chaired by Ashok Kumar Mattu, General Manager, RBI, Jammu. Vagish Chander Sharma, Executive President, JKB, Vinay,Sawhney, Vice President, JKB, B […]
Sensex spurts 470 points on bank stocks
Indian equities staged a strong comeback after two days of decline, with the flagship BSE Sensex surging by nearly 470 points to end at 33,066 as participants accumulated recently beaten-down banking, metal and consumer durable stocks. The broader Nifty followed suit and went past the crucial 10,100 level. Also, strengthening rupee against the dollar fuelled […]
