Indian Oil Corporation (IOC) on Wednesday inaugurated a joint venture with Israel-based battery technology startup Phinergy to launch IOC Phinergy Private Limited, which will develop fuel cells using aluminium air technology and indigenous...

The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in the fifth annual FinTech Breakthrough Awards for...

Finance minister Nirmala Sitharaman on Tuesday said that the merging of banks or privatisation of financial institutions will not hurt the interest of its employees as these are not rushed decisions and the Centre is committed to taking care of...

Power trading solutions provider PTC India has recently said it has signed an initial pact with the National Productivity Council (NPC) to explore business opportunities in consultancy services. PTC and NPC have agreed to jointly explore and...

The Union Cabinet headed by the Prime Minister Narendra Modi on Tuesday approved the bill for setting up of Development Finance Institution (DFI) which was announced during the Union Budget 2021-22, Finance Minister Nirmala Sitharaman said. The...

In a big boost to expedite the growth of rural women entrepreneurs, Mastercard in collaboration with women's cooperative bank - Mann Deshi Foundation, announced the expansion of the Chamber of Commerce for Rural Women. The...

Because of the benefits to both individuals and businesses, contract staffing is becoming more common as the companies are very flexible with contract workers. Individual contractors, part-time jobs, seasonal work, and other types of contract...

A new survey of 32,500 workers in 19 countries paints a picture of a global workforce that sees the shift to remote working as just the tip of the iceberg. Reflecting the fact the pandemic has accelerated a number of workforce trends, 60 percent...

Finance Minister Nirmala Sitharaman on Monday said that there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST). When the GST was introduced on July 1, 2017,...

The Reserve Bank of India (RBI) has decided to carry out the Cheque Truncation System (CTS) to all bank branches by September 2021 in order to speed up and smooth out the country's cheque clearances. “To leverage the availability of...