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Traders body CAIT wrote to Finance Minister Arun Jaitley on Sunday seeking investigation to assess the potential of health hazards allegedly posed by currency notes. (Photo: DC/Vishal)

Probe health hazards posed by currency notes: CAIT to Jaitley

The traders' body quoted findings from various studies which claimed the notes were contaminated.

2 Sept 2018 5:10 PM IST

The income tax department and the ministry of corporate affairs (MCA) have signed a pact to regularly share data, including PAN and audit reports of firms. (Representational Image)

71 per cent surge in Income Tax returns filed till August 31: Govt

The total number of e-returns of salaried Individual taxpayers filed till August 31 increased to 3.37 crore from 2.19...

2 Sept 2018 1:05 PM IST

Indias fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo: PTI/Representational)

GST collections dip to Rs 93,960 crore in August

Out the total collection, Central GST contributed Rs 15,303 crore.

2 Sept 2018 12:59 PM IST

Prime Minister Narendra Modi adderesses during the launch of India Post Payments Bank (IPPB), in New Delhi. (Photo: PTI)

Postmen to turn bankers with Modi's new payments bank

Modi has sought to end what he has called financial untouchability by giving millions of people access to banking...

2 Sept 2018 12:41 PM IST

40% anticipate GDP growth to range between 6.5-7% in FY18 which is in line with various international organisations.

GDP growth surges over 8 per cent, boost for Modi before election

Economic Affairs Secretary, told reporters the govt will stick to the fiscal deficit target of 3.3 pc of GDP this fiscal...

1 Sept 2018 10:54 AM IST

Union Finance Minister Arun Jaitley has not been attending office since Monday and even skipped taking oath after being re-elected as Rajya Sabha MP from Uttar Pradesh. (Photo: PTI | File)

Finance Minister reels out numbers to defend demonetisation

Arun Jaitley in a Facebook blog cited widening of the taxpayer base to justify the November 2016 cash cull.

1 Sept 2018 10:42 AM IST

Finance ministry said that the growth is broad based and has been driven by 8.4 per cent growth in consumption expenditure and 10 per cent growth in fixed investment.(Representional Image)

GDP growth hits 2-year high

Higher revenue mop up allows centre to improve finances.

1 Sept 2018 2:08 AM IST

Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

Indian Banks Association elects PNB's Sunil Mehta as chairman

Rajnish Kumar and Shyam Srinivasan, will continue as deputy chairmen of IBA.

31 Aug 2018 6:59 PM IST

The rupee struggled at a fresh six-month low of 65.28. Photo: AP

SBI says Rupee still overvalued, no need to panic

The rupee has been the worst among the large emerging market peers, losing over 10 per cent from the beginning of the...

31 Aug 2018 5:06 PM IST

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

RBI deputy governor Kanungo worried over rising debt levels of states

Kanungo said the time has come for each state to manage its own borrowings.

31 Aug 2018 4:20 PM IST

Ministry official said the deal is half done at this stage and needs closure since the financial condition of IDBI Bank is too weak.

IDBI Bank approves issuance preference shares to LIC

The move will eventually lead to acquisition of 51 per cent shareholding by the insurance behemoth in the debt-ridden...

31 Aug 2018 3:24 PM IST

Employee unions of banks and state-run insurance companies will stage a sit-in at Azad Maidan in the city tomorrow to protest against privatisation of banks, allowing foreign direct investment (FDI) in the insurance sector and to expedite wage revision.

Bank branches to function normally next week; no need for panic: Fin...

A rumour is circulating in several sections of social media that banks will be closed for 6 days in the first week of...

31 Aug 2018 2:39 PM IST