The Ministry of Corporate Affairs (MCA) will soon send notices to the country's top non-banking finance companies (NBFCs), including Dewan Housing Finance Ltd, Shriram Transport Finance Company and Mahindra & Mahindra Financial Services Company known as Mahindra Finance, over non-transfer of fixed deposit money of small investors to the government as mandated under the law, a person privy to the development said.

With the farm sector facing headwinds, Prime Minister Narendra Modi on Saturday stressed upon the need for structural reforms in agriculture which would boost private investment, strengthen logistics and provide ample market support to farmers.

Delivering the opening address during the fifth Governing Council meeting of NITI Aayog, PM Modi said that the food processing sector should grow at a faster pace to benefit the farmers.

Bitcoin futures may be more important than many in the market appreciate, according to JPMorgan Chase & Co.

Recent reports from cryptocurrency asset manager Bitwise and the Blockchain Transparency Institute indicate that only a small percentage of reported trading may be authentic.

Air India plans to launch services from Delhi to Bali, Nairobi and Toronto in the winter schedule as it looks to consolidate its position as the largest carrier on overseas routes from India.

Currently, there is no non-stop service from Delhi to Nairobi and Bali while Air Canada flies daily to Toronto. New services are being proposed as Air India expects the return of its seventeen grounded planes in service by October end.

Indian Oil plans to set up a diesel exhaust fluid plant in Bengal at an investment of around Rs 150 crore to support the introduction of Bharat Stage-VI compliant fuel from April 1, 2020. The investment is part of the company’s expansion plans in the state across businesses.

The Reserve Bank on Friday asked banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end, except those installed in high secured premises such as airports, to enhance security of the cash vending machines.

In 2016, the RBI had set up a Committee on Currency Movement (CCM) to review the entire gamut of security of treasure in transit.

The Reserve Bank of India (RBI) may impose a penalty on banks if their ATMs run dry and fail to dispense cash for more than three hours, inconveniencing customers. "The circular has already gone to the banks," said a source.

The Madhya Pradesh government recently announced a three per cent hike in the Dearness Allowance (DA) and Dearness Relief (DR) for state government employees under seventh pay commission recommendation. Madhya Pradesh is the sixth state to follow the Central government's footstep after it hiked DA and DR for government employee just before the announcement of Lok Sabha polls.

The Securities and Exchange Board of India (Sebi) on Friday debarred New Delhi Television (NDTV) promoters Prannoy Roy and Radhika Roy and their holding firm RRPR Holdings from trading in the securities markets for two years, and the Roys from holding any key managerial position in NDTV for the same period.

Sebi also banned them from taking any a position in any listed entity.

In its quest to increase net revenues from the global selling programme (GSP) to $ 5 billion by 2023, global e-commerce company Amazon is working closely with the Indian government to solve policy issues.

Apart from focusing on encouraging sellers from India to ship their products to USA, Europe, Japan and other countries, the e-commerce giant is hopeful that some of the recent changes in the country’s approach towards exports will boost GSP.

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