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Single-use plastic bags, cups, plates may be banned from October 2: Report

Single-use plastic bags, cups, plates may be banned from October 2: Report

India is set to impose a nationwide ban on plastic bags, cups and straws on October 2, officials said, in its most sweeping measure yet to stamp out single-use plastics from cities and villages that rank among the world's most polluted.

Indian Oil plans alumina-based batteries for e-vehicles

Indian Oil plans alumina-based batteries for e-vehicles

With an aim to defy the future dependency on China with regard to procurement of lithium, Indian Oil Corporation (IOCL) is all set to announce an alumina-based battery, which will be used for running the electric vehicles.

The company executives said that a foreign company has been roped as a partner for development and research of the technology, and will introduce it in the market once all the regulatory and other approvals are in place.

PNB lists property in e-auction without proper documents

PNB lists property in e-auction without proper documents

If you thought acquiring a residential or commercial property through an e-auction by a PSU bank is safe, you are probably wrong. A Pune-based businessman learnt this, thanks to his proactive approach in doing a due diligence on the property and not taking the PSU bank's disclosures on face value.

Mobile phone services in five districts of Jammu region restored

Mobile phone services in five districts of Jammu region restored

Mobile phone services which were snapped across Jammu and Kashmir since August 5 have been resumed in five districts of Jammu region. The services have been resumed in Doda, Kishtwar, Ramban, Rajouri and Poonch.

Communication channels were suspended in J&K in wake of the revocation of Article 370.

SBI economists slam 'intelligentsia' for 'misunderstanding' RBI autonomy

SBI economists slam 'intelligentsia' for 'misunderstanding' RBI autonomy

Economists at the state-run State Bank Wednesday hit out the defenders of the central bank autonomy, saying the RBI's independence has been "misunderstood by the intelligentsia".

In a note prepared in the context of the Bimal Jalan committee report which cleared transfer of Rs 1.76 trillion of its surpluses to the government, the economists said fears of "heavens falling" stoked by the "scholars" have been given a burial by the panel's recommendations.

ICC Test Rankings: Kohli maintains lead, Bumrah enters top 10

ICC Test Rankings: Kohli maintains lead, Bumrah enters top 10

India captain Virat Kohli maintained his slender six-point lead over Steve Smith while speedster Jasprit Bumrah made his maiden entry into the top-10 of the latest ICC Test rankings released on Tuesday.

The biggest gainer, however, was all-rounder Ben Stokes following his stupendous effort in the third Test against Australia at Headingley. It has helped him reach career-best positions among batsmen and all-rounders. He is now 13th among batsmen and second among all-rounders.

Muslim women coming out in large numbers to lodge complaints in UP

Muslim women coming out in large numbers to lodge complaints in UP

Over 200 cases have been filed in Uttar Pradesh by Muslim women since the enactment of a law that makes the practice of instant triple talaq a punishable offence.

Of the 216 FIRs, 26 have been registered in Meerut followed by Saharanpur and Shamli where 17 and 10 cases have been lodged respectively, a senior police official told PTI on Tuesday.

Market opens on a choppy note; metal, bank stocks fall

Market opens on a choppy note; metal, bank stocks fall

Mumbai: Domestic equity benchmark BSE Sensex started on a choppy note on Wednesday tracking weakness in metal and banking stocks amid tepid cues from global markets.

After opening slightly higher than its previous close, the 30-share index slipped into the red to trade 12.46 points, or 0.03 per cent, lower at 37,628.81 at 0930 hours, while the broader Nifty fell 7.30 points, or 0.06 per cent, to 11,098.05 in early trade.

Punjab National Bank, Allahabad Bank launch repo rate-linked retail loans

Punjab National Bank, Allahabad Bank launch repo rate-linked retail loans

NEW DELHI : Public sector banks Punjab National Bank (PNB) and Allahabad Bank on Tuesday launched retail loan products that are linked to the Reserve Bank of India’s (RBI) repo rate. Linking of loans with the repo rate will make them cheaper.

Under the Punjab National Bank’s PNB Advantage scheme, effective from 27 August, the interest rate will be 0.25% less than the existing rates based on MCLR (marginal cost of funds-based lending rate).

Paytm eyes healthcare payments space, seeks to add doctors to widen user base

Paytm eyes healthcare payments space, seeks to add doctors to widen user base

BENGALURU : Digital payments company Paytm, valued at about $15 billion, is set to enter the healthcare payments space to widen its customer base.

Last month, Paytm had said it was expanding its educational services from fee payments, application forms and career counselling, to education insurance, loans and job applications.

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