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Consumer inflation for the month of October surged to 3.58 per cent as against 3.28 per cent in September. (Photo: PTI)

WPI inflation rises to 5.28 per cent in Oct on costlier fuel

For October-March, the RBI pegged CPI-based retail inflation to be between 3.9-4.5 per cent.

14 Nov 2018 12:35 PM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

Tax matters: Use previous owner's price

The capital gains tax liability can be avoided or reduced by generally investing the LTCG in -

14 Nov 2018 7:46 AM IST

DRI officers rushed to the airport, intercepted six passengers and seized 22 kg gold in compound/ mixed/paste form, strapped on their person. (Representional Image)

Gold price may hit Rs 33,500, say experts

He said the spike in domestic price was due to the increase in the international prices only, coupled with the steep...

14 Nov 2018 7:22 AM IST

There is interest earned on savings accounts, capital gains earned on mutual fund redemption, surrender value received on life insurance, and so on.

5 Smart Things You Can Do With Your Diwali Bonus

Invest, insure, settle loans, make a down payment and have a bit of fun too!

14 Nov 2018 7:17 AM IST

The amount of natural gas locked in hydrate form worldwide is believed to be far greater than the volume of all known conventional gas resources

Gas to overtake coal as second most used fuel

Global gas demand would increase by 1.6 per cent a year to 2040 and would be 45 per cent higher by then than today, it...

14 Nov 2018 6:08 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Opec readies case for oil supply cut

The October production rate is considerably more than Opec expects consumers will require next year.

14 Nov 2018 4:42 AM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

RBI may keep repo rate unchanged in rest of FY19: report

The repo rate currently stands at 6.5 per cent.

13 Nov 2018 3:15 PM IST

Retail inflation cools to year-low of 3.31 per cent in October.

Industrial growth slips to 4-month low of 4.5 per cent in Sept

The factory output rise was 2.6 per cent in same period of the last fiscal.

13 Nov 2018 10:19 AM IST

While Indias calculations are based on dollar terms, the US calculations are based on local currency.

India's cotton subsidy crosses WTO cap, says US

US accuses India of providing a subsidy that is higher than officially reported

13 Nov 2018 1:35 AM IST

It said that retail inflation is expected to moderate to 5 per cent in January (5.2 per cent previously) and that the trade deficit narrowed to $12 billion ($14.9billion previously). (Representational Image)

Inflation slips to 1-year low, industry grows 4.5 per cent

Inflation fell to one-year low due to lower food prices. Food inflation contracted by 0.86 per cent in October.

13 Nov 2018 12:28 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Arun Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:04 AM IST

RBI Governor Urjit Patel at a press conference to announce the monetary policy, at the RBI head-office in Mumbai. (Photo: PTI)

RBI vs govt: The 18 wise men tasked with supervision of the Mint...

RBI board is scheduled to meet next on Nov 19 amid an ongoing tussle with the government on multiple fronts.

12 Nov 2018 10:54 AM IST