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Under the Prevention of Money Laundering Act (PMLA), the NBFCs, which includes cooperative banks, are required to furnish details about their financial operations and transactions to the FIU. (PTI/Representational)

GST collection in April exceeds Rs 1 lakh crore

The buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance.

1 May 2018 2:02 PM IST

Foreign investments were also down sequentially when compared with USD 1.77 billion July this year. (Photo: Representational/PTI)

PE investment in real estate up 15 pc in Jan-March to Rs 16,530 cr

PE investment in real estate stood at Rs 14,340 crore in the year-ago period.

30 April 2018 1:33 PM IST

After the summit, the two countries have agreed to develop a project jointly in war-torn Afghanistan. (Photo: PTI)

Modi-Xi summit: India, China to step up policy coordination

India's name was conspicuously absent from the list of countries that endorsed BRI of which CPEC is a part.

30 April 2018 9:22 AM IST

Other thing that has helped me is to have a binary classification for valuation companies that have brands or consumer products to be valued on basis of revenue.

Companies with good goverance are for safe investment

Equity research as a function has never made money on its own.

30 April 2018 4:38 AM 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.

Rs 20,000 cr surplus in GST compensation cess fund as of end-Mar

For 2018-19, the government has budgeted to collect Rs 61,331 crore as GST compensation cess.

27 April 2018 4:08 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.

GST, demonetisation brought 1.8 mn more people into I-T net: India

GST has led to a 50 per cent increase in the number of indirect taxpayers.

27 April 2018 12:26 PM IST

Bank watchers think that the BoJ may try to kickstart the economy by expanding an already massive 80 trillion yen ($785 billion) annual asset-buying plan.

BOJ removes timeframe for price goal, keeps policy steady

BOJ left its inflation forecast for next fiscal year unchanged from three months ago, at 1.8 per cent.

27 April 2018 10:16 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Disappointed over US plans to tighten visa norms: Suresh Prabhu

Bilateral trade between the countries has increased to USD 64.52 billion in 2016-17 from USD 62.11 billion.

26 April 2018 2:32 PM IST

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years. (Photo: PTI)

Need for serious negotiations on US-India free trade agreement:...

Total bilateral trade in services in 2017 was USD 51.8 billion, an increase of 11 per cent from the previous year.

26 April 2018 10:54 AM IST

The latest Reserve Bank data on the precipitous drop in recovery of bad loans by banks is of concern as in simple terms it means loot of the peoples money.

Currency hoarding on despite govt, RBI assurance

Currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20.

26 April 2018 9:05 AM IST

The Serious Fraud Investigation Office (SFIO) has summoned the top management of about 31 banks having exposure to Mehul Choksi-promoted Gitanjali Gems.

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:06 PM IST

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

Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 April 2018 4:34 PM IST