Domestic mobile wallet platform MobiKwik on Tuesday said it has tied up with All India Institute of Medical Sciences (AIIMS) here to convert all its payment facilities cashless. ....

Admitting to the cash crunch prevailing in rural areas, the RBI on Tuesday asked commercial banks to send at least 40 per cent of the currency meant for circulation to their rural branches. ....

Two budget airlines - Scoot and TigerAir- on Monday announced promotional fares to Singapore and Australia out of Indian cities like Chennai, Amritsar, Bengaluru, Lucknow, Hyderabad and Jaipur. ....

Reflecting some impact of the government's recent demonetisation measure, the output of India's eight infrastructure industries in November 2016 increased by 4.9 per cent, but fell sequentially as compared to the 6.6 per cent growth logged in October, official data showed on Monday. ....

Following the recent spurt in oil prices, state-run Indian Oil Corp on Sunday hiked prices of petrol by Rs 1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states. ....

With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits. ....

State-run oil marketing companies (OMCs) on Saturday hiked the price of subsidised cooking gas, or LPG, along with kerosene and aviation turbine fuel (ATF). ....