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IND vs ENG: Virat Kohli and Co win Chennai Test, equal Sunil Gavaskar's 3-decade-old record

IND vs ENG: Virat Kohli and Co win Chennai Test, equal Sunil Gavaskar's 3-decade-old record

Ravindra Jadeja ripped the heart out of England's batting order to bowl India to a thumping innings and 75-run victory in the fifth and final test on Tuesday. The left-arm spinner claimed seven of the 10 English wickets that tumbled in the final two sessions as India completed an emphatic 4-0 series win.

Ravindra Jadeja ripped the heart out of England's batting order to bowl India to a thumping innings and 75-run victory in the fifth and final test on Tuesday. The left-arm spinner claimed seven of the 10 English wickets that tumbled in the final two sessions as India completed an emphatic 4-0 series win.

FreeCharge launches e-wallet protection plan

FreeCharge launches e-wallet protection plan

Domestic digital payments platform FreeCharge on Tuesday launched an e-wallet protection plan for all its users.

The facility, in partnership with Reliance General Insurance Company Limited, will be offered free of cost to all FreeCharge users, the company said.

Facebook wins imitation game with its copycat strategy

Facebook wins imitation game with its copycat strategy

New York: Another day, another moment to be in awe of Facebook’s ruthless genius.

Facebook on Monday announced a way for people to use its Messenger texting app for group video calls. You may recognize this feature from the many other digital hangouts for multiparty web video calls, like Microsoft Corp.’s Skype and Facebook’s own WhatsApp.

Indian Railways to offer 10% rebate on seat left after chart preparation

Indian Railways to offer 10% rebate on seat left after chart preparation

Railways on Monday said that it will provide 10 per cent rebate on any seat left vacant after the preparation of the chart.

According to the Railways Ministry, the decision was taken after the review meeting on “Flexi fare”, which was launched in September.

Sensex gets off to a positive start, recovers 53 points

Sensex gets off to a positive start, recovers 53 points

After a four-day fall, the benchmark Sensex recovered over 53 points on fresh buying by investors in blue-chip stocks despite a weak trend in Asia.

The 30-share index, which had lost 323.12 points in the previous four sessions, recovered 53.28 points, or 0.20 per cent, at 26,427.98.

Axis Bank assures government of action against errant officials

Axis Bank assures government of action against errant officials

NEW DELHI: Finance Minister Arun Jaitley today said the Axis BankBSE -1.26 % management has assured the government that it is taking action against erring officials who are involved in irregularities post demonetisation.

The minister further said the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are keeping a watch on the activities on bankers, and the top management of banks has been advised to take action against delinquent officials.

RBI's currency stock can last beyond December 30: Arun Jaitley

RBI's currency stock can last beyond December 30: Arun Jaitley

The Reserve Bank was fully prepared to deal with currency shortages post demonetization and has enough currency in its chests to last "far beyond" December 30, Finance Minister Arun Jaitley said.

"There was full preparedness. There was not a single day when RBI had not released adequate currency to banks. There was a certain level of currency that was to be released and there was full preparedness for it," Jaitley told reporters.

In RBI rate cut play, the US Fed is secondary

In RBI rate cut play, the US Fed is secondary

The change in the US Federal Reserve’s dot plots that now suggest more rate hikes in 2017 doesn’t seem to have made any material change to the Reserve Bank of India’s (RBI) monetary policy canvas.

Analysts still expect RBI to prune its repo rate in February by a quarter percentage point, and the monetary policy committee (MPC) will be only too happy to vote unanimously again.

EPFO fixes 8.65% interest on PF deposits for FY17

EPFO fixes 8.65% interest on PF deposits for FY17

New Delhi: The Employees Provident Fund Organization (EFPO) on Monday fixed 8.65% as the interest rate on Employees Provident Fund (EPF) deposits for its over four crore subscribers for the fiscal 2017.

The retirement fund body was expected to retain 8.8% as the rate of interest on PF deposits at its trustees meeting on Monday.

Limits imposed on cash deposit of old notes above Rs5,000 till 30 Dec

Limits imposed on cash deposit of old notes above Rs5,000 till 30 Dec

New Delhi: To prevent unscrupulous elements to convert black money into white through multiple small deposits into bank accounts in the last phase of demonetisation, the finance ministry has put fresh restrictions on deposits of old Rs500 and Rs1,000 notes into bank accounts.

According to a notification published on the Gazette of India, the finance ministry said demonetised high value currencies worth more than Rs5,000 can be deposited only once into a bank account up to 30 December. Further conditions will be separately notified by the Reserve Bank of India.

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