RBI withdraws one-time deposit norm for KYC accounts

New Delhi, Dec 21 : In a U-turn, the RBI on Wednesday withdrew its order barring people with KYC-compliant bank accounts from depositing over Rs 5,000 in old currency more than once until December 30. But the notification stands for bank accounts which are non-KYC. The upper limit of Rs 50,000 also stays for non-KYC […]

Experts scour site of deadly blast at Mexico fireworks market

By Noe Torres TULTEPEC, Mexico, Dec 21 : Teams of forensic investigators pored over the charred remains of fireworks market outside Mexico City today after a series of blasts a day earlier killed at least 31 people and injured dozens more in a disaster marked by disbelief and tears. Videos of the blasts at the […]

Positive global cues buoy Indian equities

Mumbai, Dec 21 : Positive global cues, along with an appreciating rupee and short covering, buoyed the Indian equity markets during the mid-afternoon trade session on Wednesday. The key indices traded flat — marginally in the green — as healthy buying was witnessed in automobile, metal and banking stocks. The wider 51-scrip Nifty of the […]

Experts scour site of deadly blast at Mexico fireworks market

By Noe Torres TULTEPEC, Mexico, Dec 21 : Teams of forensic investigators pored over the charred remains of fireworks market outside Mexico City today after a series of blasts a day earlier killed at least 31 people and injured dozens more in a disaster marked by disbelief and tears. Videos of the blasts at the […]

Chinese cities choked by dangerous smog for fifth day; factories, schools closed

By David Stanway SHANGHAI, Dec 21 : Northern China was shrouded in almost record pollution for a fifth day today, disrupting flights, traffic and shipping, and closing factories and schools, with some residents complaining emergency anti-smog measures were not operating. Hundreds of government inspectors patrolled Beijing today to enforce temporary bans on barbecues and make […]

Samsung Note 7 fiasco, ‘Freedom 251’ failure made the headlines

By Sourabh Kulesh New Delhi, Dec 21 : While the year witnessed next-generation innovations like Artificial Intelligence (AI), Virtual Reality (VR) and augmented reality (AR) being introduced into daily lives and into smartphones at a mass level, some flagship failures dented the image of some tech companies. The biggest setbacks to the tech industry came […]