ECONOMY

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Fine, Mr Urjit Patel! Now, What is your take on corporate loan waivers and tax concessions?
12.04.17 05:03 as RBI - Devinder Sharma

This smacks of double standards. Soon after Uttar Pardesh Chief Minister Yogi Adityanath announced a Rs 36,359-crore farm loan waiver, benefitting more than 95 lakh small and marginal farmers, the Reserve Bank of India governor Urjit Patel has lamented that any such move ‘undermines honest ...
  


Now Cash transaction limit to be slashed to Rs2 lakh
21.03.17 19:52 as Budget - TEAM PT

The Narendra Modi government today moved a fresh proposal to cap cash transactions at Rs 2 lakh instead of the earlier sanctioned Rs 3 lakh.
 
In the government's annual budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three ...
  


HDFC Bank's Aditya Puri says Paytm has doubtful business model, no future
17.02.17 05:05 as General - team pt

Hiiting out at digital wallets, Aditya Puri, MD, HDFC Bank on Friday said that he sees no future in digital wallets! He further said that Paytm cannot be Alibaba as the government doesn’t allow replication of model. In a conversation with ET Now Puri told ...
  


WhatsApp tightens security, rolls out two-step verification
10.02.17 14:43 as Technology - TEAM PT

To dispel all doubts on security of chat messages on its platforms, WhatsApp has rolled out a two-step verification mechanism for all iOS, Android and Windows Phones.
 
A two-step verification, which has already been adopted by companies like Twitter, Instagram, Apple, LinkedIn, Google, and Microsoft, adds ...
  


Biggest seizure since Nov 8; I-T officials seize Rs 5.7 crore in new currency notes in Bengaluru
02.12.16 17:29 as Black Money - TEAM PT

In the biggest single cash seizure of the new currency, an Income Tax raid on the premises of two engineers and two contractors in Bengaluru found a whopping Rs 5.7 crore of cash, all in the recently-introduced Rs 2000 notes.

The Income Tax department said it ...
  



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