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Revenue Secretary Hasmukh Adhia

GST rate structure needs complete overhauling: Revenue Secretary

GST Council has rationalised rates on over 100 commodities and made refund process easier for exporters.

22 Oct 2017 1:47 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTI

FPIs infuse USD 2 billion in debt markets this month

FPIs however pulled out Rs 3,408 crore from equities on account of profit booking during this period.

22 Oct 2017 1:39 PM IST

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

RBI to empanel ad agencies for multi-media work

The scope of work of empanelled agencies would also encompass production of TV spots/radio jingles.

22 Oct 2017 12:36 PM IST

The unions have demanded to ensure supply of adequate cash to all banks and branches, restore all ATMs without further delay and ensure transparency in cash supply to banks.

Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 12:33 PM IST

Equity mutual funds registered a record inflow of Rs 20,362 crore in August.

MFs pump $12 billion in equities, outshine FPIs' investment

During August-September, fund managers lapped up shares to the tune of over Rs 35,000 crore.

22 Oct 2017 12:26 PM IST

Gross Value Added (GVA) will be a measure of the value added by the economic activities within the state. Representational image.

India's GVA growth may rise to 6.3 pc in Sep quarter: Nomura

For this financial year Nomura expects a GVA growth of 6.4 per cent, slightly lower than the RBI's forecast of 6.7 per...

22 Oct 2017 11:16 AM IST

EPFO had started investing in ETF in August 2015, putting 5 per cent of its investible deposits in stock linked products.

EPFO to consider crediting ETF units to PF accounts

EPFO, which has about 5 crore subscribers, manages a corpus of over Rs 10 lakh crore.

22 Oct 2017 10:59 AM IST

The finance department has directed all departments to complete the process of seeding Aadhaar card of beneficiaries before the deadline. (Representational image)

Put mandatory Aadhaar linking with bank accounts on hold: AIBOC

Earlier in the day, Reserve Bank of India said linkage of biometric identity number Aadhaar with bank accounts is...

21 Oct 2017 8:52 PM IST

Sovereign gold bonds would be available for trading on the National Stock Exchange of Indias trading platform. (Representational image)

Govt fixes Sovereign Gold Bond rate at Rs 2,971 per gram

For the subscription period from October 23-25, the issue price will be Rs 2,971 per gram with Settlement on October 30

21 Oct 2017 7:37 PM IST

Sitharaman to attend South Asian defence ministers' meet in...

Meet likley to review regional security architecture including China's growing assertiveness in South China Sea.

21 Oct 2017 6:25 PM IST

A woman shows her Aadhaar card that has been made compulsory for a number of govt schemes. (Photo: PTI)

Aadhaar-bank account linking must under money laundering rules: RBI

Central bank denies media reports and cites Official Gazette published on June 1, 2017.

21 Oct 2017 4:46 PM IST

The RBI on Saturday cleared the air saying the linkage is mandated under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.

RBI responds to RTI on Aadhaar-bank a/c linkage, says it is must under...

In an RTI reply, the RBI had said it did not issue any notification regarding linking of bank accounts with Aadhaar.

21 Oct 2017 3:56 PM IST