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Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

HIGHLIGHTS: President Mukherjee's address to Parliament

President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday.  Read the full text of President Pranab Mukherjee's speech HERE......

NCB makes India's 'largest-ever' LSD seizure, 6 held

The Narcotics Control Bureau on Tuesday said it has made the 'largest-ever' single operation seizure of about 15,000 LSD blots in the country and arrested six people after it busted an......

Modi blames Congress's 'phone-a-loan scheme' for NPA crisis

IMAGE: Prime Minister Narendra Modi speaks during the launch of India Post Payments Bank in New Delhi on Saturday. Photograph: Subhav Shukla/PTI Photo Prime Minister Narendra Modi on Saturday......

Demonetisation a courageous step, will create a new normal: Jaitley

Finance Minister Arun Jaitley on Saturday hinted that not all of the Rs 15.44 lakh crore worth of currency junked will be remonetised through issuance of new notes as he said digital currency......

RBI may soon allow interoperability of Post payment bank ATMs

India Post, the world's largest mail delivery network, is carving out a separate vertical to manage banking services, a move that will help it win RBI nod for interoperability of its ATMs with......

Cabinet clears India Post's payments bank proposal

All 'grameen dak sevaks' in rural post offices will be given handheld devices by March 2017. The government on Wednesday cleared proposal to set up India Post payments bank with a corpus of Rs 800......

PM launches India Post Payments Bank to offer doorstep banking

IMAGE: Prime Minister Narendra Modi receives his Q card from Telecom Minister Manoj Sinha during the launch of India Post Payments Bank in New Delhi on Saturday. Photograph: Subhav Shukla/PTI......

Postal Dept to use its network for proposed Payment Bank

Finance Minister Arun Jaitley on Saturday said the Postal Department will utilise the services of its vast network for the proposed Payment Bank. "Government proposes to utilise vast postal network......

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

According to sources, the postal bank will tie up with other banks and financial companies to offer products like loans, mutual funds, and insurance policies to its customers. The launch of the......

Doping admission could cost Armstrong millions

Lance Armstrong's admission that he used performance-enhancing drugs during his cycling career could hurt his bank balance as much as his reputation, with one company demanding $12 million from......

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