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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI unlikely to hike repo rate in October despite weak Rupee: study

Weakness in the rupee does not offer a sufficient alibi for a rate hike.

21 Sept 2018 5:29 PM IST

Following peers, state-owned Bank of India has hiked lending rates based on MCLR by 0.10 per cent for various tenors.

Bank of India invites bids for stake sale in 3 associate companies

BoI said it was looking to raise nearly Rs 1,000 crore through stake sale.

21 Sept 2018 2:03 PM IST

EEPC India on Monday said Indias exports grew by 17 per cent to USD 76 billion in financial year 2017-18.

Finance Ministry pegs dollar value at Rs 73.65 for computing import...

The conversion rate for computation of duty on export of goods has been fixed at Rs 71.95 to a dollar.

20 Sept 2018 6:40 PM IST

Reserve Bank governor Urjit Patel

Preventive vigilance better governance tool for public institutions:...

Percentage of vigilance cases against RBI employees' vis-Ã -vis the total staff strength of the Bank stood on average at...

20 Sept 2018 5:58 PM IST

: Indias economic growth picked up sharply in October-December quarter (third quarter) expanding by 7.2 per cent, which indicates that economy has turnaround after demonetisation and GST.

Indians' faith in economy falters

Pew Survey claims 27% more Indians feel economy is not doing well.

20 Sept 2018 12:19 AM IST

Financial market participants have welcomed global ratings agency Moodys decision to upgrade Indias rating to stable saying that the move would help Indian corporates as well as financial institutions to access capital in the overseas market at a lower cost.

Rising liquidity issues in ILFS credit negative for Indian banks:...

ILFS Financial Services has since been barred from accessing the commercial paper market until February 2019.

19 Sept 2018 2:26 PM 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)

Rupee inches towards 73, Centre says it's fair value

US President Donald Trump on Monday night announced to impose additional 10 per cent duties on Chinese imports worth...

19 Sept 2018 12:36 AM IST

The fluctuating dollar cost only makes life harder as the rupee rate is falling. Every dollar is our 69 plus, making each dollar a crude sum.

IMF says 'real' depreciation of Indian rupee only 6-7 per cent

The Indian currency has since the beginning of the year lost almost 13 per cent in value vis a vis the US dollar.

18 Sept 2018 4:19 PM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

States set to miss 20 per cent debt-to-GDP ratio target by FY23:...

States' aggregate debt-to-GDP ratio for FY19 has been budgeted at 24.3 pc and according to their FY19 budgets.

18 Sept 2018 2:55 PM IST

External Affairs Minister Sushma Swaraj, Defence Minister Nirmala Sitharaman, US Secretary of State Mike Pompeo and US Secretary of Defense James Mattis at the joint press conference after the India-US 2+2 Dialogue, in New Delhi. (Photo: PTI)

India delays imposition of retaliatory tariffs on US goods till Nov 2

India's decision to further delay comes as the two countries negotiate a package to remove trade frictions over a range...

18 Sept 2018 11:13 AM IST

FIEO said that as much as Rs 20,000 crore is pending with the government on account of GST refund, creating liquidity crisis for exporters.

Govt may extend deadline for imposition of higher duties on 29 US...

India's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion.

17 Sept 2018 5:31 PM IST

Commissionerate of TDS, Peeyush Sonkar (IRS) however, warned against those who do not pay taxes as per the deadlines.

Hope to cross Rs 11.5 lakh cr direct tax collection target for FY19:...

In last fiscal (2017-18), direct tax collection increased over 18 per cent to Rs 10.03 lakh crore.

17 Sept 2018 3:32 PM IST