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Punjab National Bank to have claim on Nirav Modi's US assets

This is the first time that the MCA has intervened in any such foreign case pertaining to an Indian company.

28 July 2018 1:36 PM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.

FDI in food processing sector up 24 per cent at USD 905 million in...

FDI inflow into the sector stood at USD 727.22 million during 2016-17 financial year.

27 July 2018 1:15 PM 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 likely to average 4.7 pc this fiscal, RBI to tighten rates:...

RBI's MPC will start its rate review meeting from July 30 and is expected to announce its call on August 1.

26 July 2018 2:11 PM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

Bond investors shun India, citing lack of reassurance from RBI

Foreign investment in the debt market is capped at 5.5 per cent of India's roughly $760 billion.

26 July 2018 12:52 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

States to reach out to traders, industry to list out GST grievances

Council has already allowed companies with turnover of up to Rs 5 crore to file GST returns quarterly.

26 July 2018 12:27 PM IST

The gig or shared economy has become a trend globally and this is characterised by temporary positions and on-demand contracts with independent workers.

Global economy has peaked; trade war torpedoes optimism: reports

The Fed is expected to plough ahead as planned with two more rate hikes this year and two next year.

26 July 2018 11:07 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.

Govt's capital infusion in 5 state-owned banks credit positive:...

The Rs 11,336-crore capital infusion is part of the Rs 65,000 crore that the govt propose to infuse into the 21 public...

25 July 2018 2:00 PM IST

For over a year, India had been the fastest growing economy, second only to China. This has now changed.

India to hold top spot for economic growth but oil poses risk: reports

India retail inflation to average 4.9 per cent in the year ending March 2019, up from 4.7 per cent

25 July 2018 9:48 AM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.

RBI has broad powers to address banking issues'

Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.

25 July 2018 8:45 AM IST

Nirav Modi and Mehul Choksi are accused in the fraudulent issuance of LoUs and Letters of Credit (LCs) worth USD 2 billion by the PNB. (Photo: File)

PNB fraud defendant Mehul Choksi fears 'mob lynching' in India

The recent trend of mob lynching is growing , Choksi's lawyer said in the application.

24 July 2018 12:14 PM IST

The US economy may be basking in the warm glow of solid growth, but economists are nervously eyeing a trend in the bond market that could spell stormy weather ahead.

10 major economies of Asia to surpass US in terms of GDPâ€ˆby 2030

Growth for India and 9 other economies together will amount to $28.35 trillion in real GDP terms.

23 July 2018 10:30 AM IST

The Chinese delegation did not speak to media at the G20 meeting. (Photo: Twitter.com)

G20 calls for stepped-up trade dialogue; no agreement on path forward

G7 allies were taking seriously his calls to eliminate tariffs, non-tariff barriers and subsidies among the group.

23 July 2018 8:43 AM IST