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ATMs in cities of Uttar Pradesh, Bihar, Andhra Pradesh, Maharashtra and poll-bound Karnataka were either not operating or showed no cash signs, reminiscent of post-demonetisation scene.

Banks: Only 30-40 per cent ATMs in Telangana are working

The cash crunch has eased slightly on Thursday as around 86 per cent of the ATMs were functioning across the country.

20 April 2018 1:43 AM IST

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

Inflation concerns growing: RBI

During the previous MPC meeting, only one member was in favour of a rate hike while others favoured a neutral stance.

20 April 2018 12:49 AM IST

SBI chairman designate Rajnish Kumar.

Time not ripe for large scale privatisation of PSBs: SBI Chief

Privatisation of PSBs as private banks had not shown any exceptional performance' in many countries.

19 April 2018 3:30 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI to recoup forex reserves despite being put on US watch list:...

Government will also likely want the RBI to accumulate forex reserves to maintain a stable INR.

19 April 2018 2:44 PM IST

A free trade agreement (FTA) between India and the UK will help boost two-way commerce and investments between the countries, a UKIBCs report said.

India to invest more than 1 billion pounds in UK

The new partnership will seek to improve the accessibility of trade for businesses in both countries.

19 April 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 claims top spot for 2018 growth among major economies: sources

RBI has kept interest rates steady after a 25 basis-point cut to the repo rate in August last year.

19 April 2018 11:42 AM IST

The IMF downgraded its outlook for advanced economies this year by 0.2 percentage points to 1.6 percent but raised it slightly for emerging and developing economies to 4.2 percent.

India using 'right policies' to lower high debt level: IMF

India's general government debt remained relatively high, at 70 per cent of the GDP in 2017.

19 April 2018 9:00 AM IST

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

Rise in 1-day defaults worries RBI, defends revised norms

RBI's tough posture comes even as the finance ministry has been pitching for scrapping of this key norm.

19 April 2018 8:55 AM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Don't underreport income: I-T

Warns about fake bills in tax returns n Threatens to charge with tax evasion cases.

19 April 2018 12:22 AM IST

Faking house rent receipts to claim tax deductions is rampant in Vizag.

Deal with taxpayers courteously: I-T Department to taxman

The city-based Directorate of Taxpayer Services (TPS) issued the directions on April 16.

18 April 2018 1:46 PM IST

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

Normal monsoon may prompt rate cuts by RBI in August: report

RBI is expected to go for a 25 basis points rate cut in key rates in its policy review meet in August.

18 April 2018 1:15 PM IST

APY provides minimum guaranteed pension ranging between Rs 1000 to Rs 5000 per month for subscribers from the age of 60 years. (Photo: ANI)

Govt releases Rs 120.92 cr as co-contribution towards Atal Pension...

Government of India co-contribution is payable only when accounts are regular and the admissible.

18 April 2018 8:37 AM IST