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RBI on Wednesday kept repo rate unchanged at 6 per cent. (Photo: AFP)

RBI study claims major drop in cash payments after note-ban

Demonetisation has impacted the inter-bank payments and settlement system significantly in moving cash transactions.

25 Nov 2017 11:03 AM IST

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

FDI up 17 per cent to $25.35 billion during April-September this...

Strong inflow of foreign investments will help improve the country's balance of payments situation.

25 Nov 2017 10:46 AM IST

Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy, Piyush Goyal. (Photo: PTI)

S&P's stable outlook 'huge endorsement' of govt policies: Piyush Goyal

S&P kept its sovereign rating for India unchanged at 'BBB-minus' with 'stable' outlook.

25 Nov 2017 10:41 AM IST

Indias sovereign rating, according to S&P, remains unchanged at BBB-minus with stable outlook. (Photo: AP)

Global rating agency Standard & Poor's still keeps India poor'

Cites higher debt to refuse a rating upgrade; lauds Modi's reforms.

25 Nov 2017 12:22 AM IST

RBI data show fall in foreign currency assets caused drop in total forex reserves. (Photo: PTI)

Forex reserves rise by USD 240.4 million to USD 399.53 billion

Country's reserve position with Fund increased by USD 12.1 million to USD 2.273 billion.

24 Nov 2017 6:30 PM IST

Standard & Poors is an American financial services company. (Photo: AP)

S&P unaffected by Moody's upgrade, affirms India rating at 'BBB-minus'

India's strong GDP growth and external profile are balanced against low per capita income, high debt, S&P says.

24 Nov 2017 5:40 PM IST

As many as 500 missing children have been traced over the last few months through Aadhaar, the CEO of Unique Identification Authority of India (UIDAI), Ajay Bhushan Pandey, said on Friday.

About 500 missing children traced through Aadhaar: UIDAI CEO

Around 180 children go missing on an average every day, according to government data quoted by Child Rights and You.

24 Nov 2017 3:43 PM IST

Employees Provident Fund Organisation or EPFO invests in markets and corpoarte bonds. (Photo: Representational/PTI)

EPFO mulls using NPCI for beneficiary payment

The benefit of the proposed system is that the funds will be transferred on the same day to the beneficiaries through...

24 Nov 2017 3:12 PM IST

The RBI has cancel

RBI relaxes 26 per cent debt-equity conversion cap for ARCs

Central bank also asked the boards of ARCs to frame a policy for converting debt into equity.

24 Nov 2017 11:28 AM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)

Cheque books to remain! Govt says 'there's no such proposal'

The clarification came amidst media reports suggesting the government was planning to abolish cheque books.

24 Nov 2017 9:38 AM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

Indian refiners processed record 5.2 million barrels oil per day in...

India, which imports about 80 percent of its oil needs, has emerged as a key driver of growth in global oil demand.

24 Nov 2017 8:49 AM IST

Union Minister for Finance and Corporate Affairs, Arun Jaitley addresses a Press Conference in National Media Centre in New Delhi on Tuesday. (Photo: PTI)

Cheques are backbone of commerce, trade, no proposal to ban it: FinMin

It was reported earlier that after scrapping high-value notes, Modi govt was planning to ban cheque books.

23 Nov 2017 8:43 PM IST