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Economic Affairs Secretary Subhash Chandra Garg,Business
Govt looking for ways to stabilise FPI inflow: Garg

During April-September period, the Centre's fiscal deficit has widened to 95.3 per cent.

30 Oct 2018 2:01 PM IST

Japanese PM Shinzo Abe will host PM Modi at his holiday home in the picturesque Yamanashi prefecture for a private dinner on Sunday. (Photo: ANI)Business
India, Japan sign USD 75 billion currency swap agreement

A move will help in bringing greater stability in foreign exchange and capital markets in the country.

29 Oct 2018 5:16 PM IST

The bilateral trade between the countries increased to USD 10.5 billion in 2017-18 from USD 8.8 billion in the previous fiscal.Business
Huge potential in aerospace, healthcare, agri, infra to boost ties...

India is Italy's fifth largest trading partner in the European Union.

29 Oct 2018 3:32 PM IST

Finance Minister Arun Jaitley on Wednesday said that the reasons for the fall in rupee against the dollar are purely global. (Photo: Twitter | ANI)Business
GST council met 30 times, took 918 decisions in 2 years

GST council has ushered in a new phase of cooperative federalism wh¬ere the central and state govts work together.

29 Oct 2018 10:30 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)Business
Rupee to remain under pressure

Experts cite liquidity crisis in NBFCs.

29 Oct 2018 12:24 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Top Reserve Bank of India official speaks up for central bank...

The risks of undermining the central bank's independence are potentially catastrophic, said Acharya.

27 Oct 2018 10:24 AM IST

RBI data show fall in foreign currency assets caused drop in total forex reserves. (Photo: PTI)Business
Forex reserves down by USD 942 million to USD 393.523 billion

Forex reserves had touched a record high of USD 426.028 billion in the week to April 13, 2018.

26 Oct 2018 6:07 PM IST

Prime Minister Narendra ModiBusiness
Modi calls for 'tax-plus one' system of honest tax payment

During 2017-18 fiscal, the direct tax to GDP ratio at 5.98 per cent is the best in the last 10 years.

25 Oct 2018 11:09 AM IST

I appeal to Sonia Gandhi to rise above vote bank politics. I would also request the same from Mayawati and Mamata Banerjee, Union Minister Ravi Shankar Prasad said. (Photo:LBusiness
Cabinet takes steps to speed up disposal of benami cases

Benami transaction refers to transactions made in a fictitious name, or the owner is not aware of the ownership of the...

25 Oct 2018 11:00 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.Business
Govt coerces RBI to ease PCA norms

Economic policy decisions can't be too stringent to adjust in times of crisis, said a finance ministry official.

25 Oct 2018 10:53 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTIBusiness
FPIs declare quit India movement

FPI outflows intensified in September with net equity outflows of $1.3 billon.

23 Oct 2018 11:18 AM IST

The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)Business
Rupee gains 8 paise to 73.24 against US dollar in early trade

Weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the...

22 Oct 2018 9:43 AM IST

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