US stocks post weekly gains amid Fed rate hikes, tax bill

New York, Dec 17 : US stocks witnessed solid gains for the week, as investors digested the Federal Reserve’s decision to hike interest rates while anticipating details of a Republican tax bill. For the week, the blue-chip Dow added 1.3 per cent and the broader S&P 500 increased 0.9 per cent, while the tech-heavy Nasdaq […]

UIDAI puts Airtel, Airtel Bank’s Aadhaar-linked e-KYC services on hold

New Delhi, Dec 16 : The Unique Identification Authority of India (UIDAI) has temporarily suspended telecom major Bharti Airtel and Airtel Payments Bank’s “Aadhaar linked e-KYC” services for alleged misuse of the facility. “We can confirm that we have received interim order from the UIDAI regarding temporary suspension of Aadhaar linked e-KYC services till their […]

NIC to develop network for e-way bill system

Bengaluru, Dec 16 : The state-run National Informatics Centre (NIC) will develop a network to implement the e-way bill system from February 1 next, Bihar Deputy Chief Minister Sushil Kumar Modi said on Saturday. The NIC will launch a trial version of the e-way bill system from January 15. “The NIC has been assigned to […]

KoPT awaits Centre’s nod for land lease to private developers

Kolkata, Dec 16 : The Kolkata Port Trust is awaiting the Centre’s approval for leasing out 111 acres of its land to private developers for a township project, a top official said here on Saturday. “The proposal is in the process of being approved by the Ministry. We are waiting for the Ministry’s approval,” Kolkata […]

UIDAI temporarily suspends Airtel, Airtel Payments Bank’s ‘Aadhaar linked e-KYC’ services

New Delhi, Dec 16 : The Unique Identification Authority of India (UIDAI) has temporarily suspended telecom major Bharti Airtel and Airtel Payment Bank’s “Aadhaar linked e-KYC” services, a company statement said on Saturday. “We can confirm that we have received interim order from the UIDAI regarding temporary suspension of Aadhaar linked e-KYC services till their […]

Cameron to set up 750 mn pounds UK-China investment fund

London, Dec 16 : Former British Prime Minister David Cameron is helping to set up up a new 750 million pounds UK-China investment fund aimed at forging closer ties between the two countries, the media reported. Cameron will become vice chairman of the new private equity fund after being approached for the role by Lord […]