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Blockchain plays a significant role in lowering the costs for banks and its customers.

The Enforcement Directorate on Saturday conducted searches at nine locations in Tamil Nadu in connection with a bank loan fraud case worth Rs. 90 crore involving Indhumathi Refineries. Searches are being conducted at Virudhunagar, Madurai, and Coimbatore. The refineries are located in Chennai.

Artificial Intelligence is one industry that is shaping the future of Banking sector.

According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.

The state of Uttarakhand was separated from its former territory of Uttar Pradesh in 2000 with the objective of exclusively providing development aid to more than 16,000 sparsely inhabited villages in its mountainous areas. But in the sixteen years following this separation, little has been done to improve healthcare and other basic facilities.

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday said the economy of country was turning around with good growth rate and the government was committed to providing conducive economic environment to the private sector. Talking to Jin Liqun, President Designate Asian Infrastructure Investment Bank (AIIB) here at the PM House, the Prime Minister said the government had invested a lot of resources in energy sector.

HONG KONG : Standard Chartered is in talks to purchase assets in China and India owned by the Royal Bank of Scotland (RBS), a source with direct knowledge of

Mr. Sanchez also hired a childhood friend, Mera Champion, previously Southwest Key's banker. Even after she was convicted of embezzling $5,300 from her bank, he kept her on. "He founded Southwest Key, and in his mind, he owns it," said Arjelia Gomez, the charity's former chief operating officer. "I always had a problem with that."…

Indian benchmark indices BSE Sensex and NSE's Nifty 50 halted their record run and traded lower on Tuesday ahead of the Reserve Bank of India's monetary policy decision tomorrow.

Your PAN card is a vital financial document used to avail various services like opening a bank account, buying property, applying for debit/credit card, to name a few. However, if end up losing or damaging your PAN card, you may apply for a duplicate one, all by yourself. Here's how.

Best Honeymoon Destinations. Congratulations! You've tied the knot and now it's time to embark on the most romantic adventure of your life - your honeymoon. But wait, before you start worrying about breaking the bank, let me assure you that you don't need a bottomless wallet to have an unforgettable honeymoon. In fact, there are plenty of budget-friendly destinations around the world that offer just as much romance and charm as their more expensive counterparts.

Sensex opens with +40.55 points up @37534.95 whereas Nifty Future and Band Nifty Future lose -18.00 points and -75.00 points.If you want to get good return in short-term Trading here is the top stock trading strategies that you must have to follow:-