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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.Business
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.Business
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.Business
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.Business
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.Business
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.Business
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.Business
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)Business
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

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Sufficient cash in the vaults and chests: RBI

ATM industry body counters low supply since April 1.

18 April 2018 12:52 AM IST

Finance Minister Arun JaitleyBusiness
Adequate currency in circulation, says Arun Jaitley

Temporary shortage in certain states is being tackled quickly, says Jaitley.

17 April 2018 12:58 PM IST

World Bank in its twice-a-year South Asia Economic Focus report said that the growth is expected to accelerate from 6.7 per cent in 2017. (Photo: ANI)Business
World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 9:59 AM 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.Business
GoM to meet today, discuss simplification of GST returns

Approximately 40 industry and trade bodies, and 20 tax experts are expected to be a part of the meeting.

17 April 2018 9:51 AM IST

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