Private lender ICICI Bank today said it has launched a digital service to allow customers to open a PPF account online, eliminating the need for furnishing paper documents. The digital service will enable customers to open a public provident fund (PPF) account instantly and in a completely online and paperless manner. “With this new facility, customers of the bank are no longer required to visit a branch and submit physical documents to open a PPF account.

Many citizens can have a sigh of relief as the Government on Thursday told the Supreme Court that it will extend the deadline for linking Aadhaar with bank accounts, mobile numbers and other services. The Centre told the three-judge bench that it will extend the deadline for those who did not apply for the Aadhaar card yet and do not possess any id proof.

Riding on his career-best 243 in the third Test against Sri Lanka, India captain Virat Kohli today jumped three places to grab the second position among batsmen in the ICC Test rankings.

Kohli's double ton was followed by a 50 in the second innings as he finished with 610 runs in the series, which India won 1-0 after the first and third Test ended in draws in Kolkata and New Delhi.

Market regulator Securities and Exchange Board of India (Sebi) has proposed to permit Mutual Funds (MFs) and portfolio managers (PMs) to participate in the exchange-traded commodity derivatives market. Sebi on Thursday issued a consultation paper seeking public views on this proposal, besides how they should be allowed and what regulatory framerwork should be put in place for this.

This is the second move by Sebi to allow institutional participants in commodity derivatives.

NEW YORK: Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild West-like nature could overshadow the debut.

The first bitcoin future trades kick off Sunday at 6 p.m. EST (2300 GMT) on Cboe Global Markets Inc's Cboe Futures Exchange, followed a week later by CME Group Inc's CME.

NEW DELHI: Tax authorities have begun acting on information that the US is sharing with India under that country's Foreign Account Tax Compliance Act (Fatca), sending enquiry notices to individuals with bank accounts in the US and potentially opening them up to prosecution on charges of concealing black money overseas.

London: The Indian Railways’s financing arm today listed its first green bond on the London Stock Exchange with an aim to finance infrastructure for dedicated freight corridors and passenger transport in India.

Indian Railway Finance Corp. (IRFC) was set up in 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic and overseas capital markets.

New Delhi: The country’s largest refiner Indian Oil Corp. Ltd is making a strategic shift to a less carbon-intensive future by getting into clean energy and related infrastructure, while keeping refinery expansion plans flexible for course correction, said chairman Sanjiv Singh in an interview.

What is pushing the state-run refiner to new markets is the rise of renewable energy sources in the country’s energy mix, which cuts down diesel use for power generation, and a possible adoption of electric vehicles by consumers in future.

The benchmark Sensex staged a strong comeback in early trade today gaining over 149 points on widespread buying by participants amid positive Asian cues.

The 30-share index was trading higher by 149.05 points, or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil & gas and PSU were trading in the green with gains of up to 1.20 per cent.

A GMR group company along with its partner, Manila-based Megawide, is in the race for the $ 250 million Clark International Airport new terminal building project in Philippines.

According to a statement issued by the Department of Transportation (DOTr) and the Bases Conversion and Development Authority (BCDA) of the southeastern nation, seven firms submitted the bid documents for the design, engineering, and construction of the Clark International Airport new terminal building in Philippines.

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