India's pensions regulator in India has allowed members of the Employees' Provident Fund (EPF) option to move their retirement savings to the National Pension System (NPS) giving effect to a proposal mooted by the government two years ago in the Union Budget for 2015-16, an offcial statement said on Tuesday. ....

The CBI has booked two Union Bank of India employees here for allegedly violating the RBI guidelines by depositing in the bank's chest over Rs 84 crore in old currency notes of three private firms, an official said on Tuesday. ....

The Finance Bill will be passed by Parliament before March 31 to enable ministries to avail funds from April 1, Finance Minister Arun Jaitley said on Tuesday. ....

Fiji Airways and Jet Airways have formed a codeshare partnership which offers convenience and seamless connectivity to guests travelling on both carriers, it was reported on Tuesday. ....

The Indian cabinet on Monday gave post facto approval to the memorandum of understanding (MoU) on renewable energy between India and Portugal. ....

An SBI-led consortium's attempt to auction properties of industrialist Vijay Mallya in order to recover loans made to his Kingfisher Airlines, failed again on Monday as these had no takers despite around a 10 per cent cut in their reserve price. ....

A Bangladesh High Court on Monday ordered 154 toxic tanneries here to shut down. ....

Admitting to an instance of attempt to misuse biometrics data, the Unique identification Authority of India (UIDAI) on Sunday said that the information on individuals enrolled by it is safe and secure. ....

India's Income Tax Department on Friday cautioned those engaging in 'benami' (proxy) transactions that they stand to face Rigorous Imprisonment (RI) of up to 7 years and would also invite prosecution under the Income Tax Act. ....

Coal India intends to diversify into a new "coal to chemical" business domain by converting the high calorific value, low ash thermal coal into chemical, the miner said in a document on Friday. ....