Tag: Payment

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

CitiCorp Investment Bank pays Rs 36 lakh to settle FPI rules violation case with Sebi

Stocks
CitiCorp Investment Bank (Singapore) Ltd on Thursday settled with Sebi a case relating to issuance of offshore derivative instruments to Symmetry Master Fund...

Ahead of Market: 10 things that will decide stock market action on Tuesday

Stocks
India's benchmark indices ended in red on Monday as widespread selling in banks and consumer firms and across key sectors dragged the markets...

Christmas orders push October goods exports to a 2-year high of 17.3%

Economy
New Delhi: India's merchandise exports surged 17.3% on year - the highest in 28 months - to $39.2 billion in October, driven by...

Public digital infrastructure helped micro level players grow in India: FM Sitharaman

Economy
India's approach to spreading digital infrastructure networks by country's "public money" instead of choosing private players, unlike other countries, helped the micro-level players...

BRICS nations agree to boost trade, financial settlement in local currencies

Economy
Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and...

Sebi mulls allowing only electronic mode for payment of dividend, interest

Stocks
Markets regulator Sebi on Friday proposed that listed entities should make all payments, such as dividends, interests and redemptions, through electronic mode only....

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