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The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI's Monetary Policy Committee begins discussions, decision on key...

RBI on Thursday will make public the resolution of the MPC.

4 April 2018 4:07 PM IST

Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

PSBs wrote off Rs 2.41 lakh crore loans in over 3 years

The Rajya Sabha was informed on Tuesday.

3 April 2018 7:42 PM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.

IndusInd Bank to pilot WhatsApp enterprise solution

The integration with WhatsApp will allow IndusInd Bank to start appearing as a verified account when it communicates...

3 April 2018 6:37 PM IST

Reserve Bank governor Urjit Patel

RBI unlikely to cut interest in monetary policy on Thursday

RBI is expected to be on an extended pause as inflation is likely to remain close to 4.5 per cent during 2018-19.

3 April 2018 4:31 PM IST

With the signing of these agreements, the total number of APAs entered into by the CBDT has gone up to 219. (Photo: ANI)

CBDT signs 14 unilateral APAs, 2 bilateral APAs

A total of 67 APAs (9 Bilateral and 58 Unilateral) have been signed in the FY 2017-18.

3 April 2018 3:30 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India can do a Silicon Valley in 5 years: World Bank

In developing countries, the concept of national innovation system must be expanded.

3 April 2018 3:25 PM IST

Bank stocks on Tuesday gained up to 5 per cent.

Bank stocks climb up to 5 per cent on RBI move

The move is expected to optically cushion profitability in the near term.

3 April 2018 1:50 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list.

3 April 2018 12:56 PM IST

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

India's manufacturing sector growth falls to 5 month low in March: PMI

IHS Markit marginally downgraded its real GDP forecast to 7.3 per cent for fiscal year 2017-2018.

3 April 2018 12:45 PM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

3 April 2018 12:43 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrency arbitrage boom fizzles in Asia, but profits persist

The boom has eaten away the spreads and shown how fast the galloping cryptocurrency markets can change course.

3 April 2018 12:22 PM IST

Coal production increased by 1.4 per cent in February, 2018 over February, 2017. (Photo: ANI)

Core sectors register 5.3 per cent IIP growth in February 2018

Steel production increased by five per cent in February, 2018 over February last year.

3 April 2018 8:54 AM IST