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

Sebi hikes FPI investment limit for govt debt; move to boost foreign...

Earlier, the limit for foreign portfolio investors (FPIs) was about Rs 1,87,700 crore.

4 Oct 2017 8:50 PM IST

Process of economic reforms incomplete, fresh thinking needed:...

The policy should be a judicious mix of both high rate of economic growth and a strong focus on containing economic...

4 Oct 2017 8:34 PM IST

Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000 or Rs 12,000 per withdrawal. (Photo: PTI)

RBI asks banks to not turn away senior citizens, differently-abled...

It has been reported that banks are discouraging or turning away senior citizens and differently abled persons.

4 Oct 2017 8:24 PM IST

Finance Minister Arun Jaitley on Sunday once again hinted that there is scope for lesser slabs under the Goods and Services Tax. Photo: ANI| Twitter

After Pradhan, Jaitley urges states to cut VAT on petrol, diesel

In New Delhi, Oil Minister Dharmendra Pradhan said states should cut sales tax or VAT on petrol and diesel by 5 per...

4 Oct 2017 8:12 PM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.

GST Council may reduce tax on labour component in govt projects

According to a government official, the Council may consider reducing the tax slab to 5 per cent from the existing 12...

4 Oct 2017 7:16 PM IST

The finance ministry on Wednesday said it has taken note of the RBI decision to maintain status quo on interest rate. Photo: PTI

Taken note of RBI repo rate status quo, lower growth forecast: Finance...

The ministry, however, welcomed the initiative with regard to Peer to Peer (P2P) NBFC financing regulation.

4 Oct 2017 7:00 PM IST

The Reserve Bank of Indias (RBI) directive to banks to set aside provision at a higher rate above the minimum regulatory standards for stressed sectors would lead to early identification of asset quality issues in the banking system.

New foreign portfolio investment norms from April: RBI

New norms will facilitate process of investment and hedging by Foreign Portfolio Investors.

4 Oct 2017 6:38 PM IST

Forex reserves have been rising with a total accretion of $4.389 billion to the kitty since July 14, 2017.

RBI moots transparent retail forex trading platform

Such a mechanism will provide transparency while enhancing competition and lead to better pricing for customers

4 Oct 2017 5:36 PM IST

RBI governor Urjit Patel.

Stimulus, farm loan waiver to push up fiscal deficit by 1 per cent:...

Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.

4 Oct 2017 5:25 PM IST

The government has approved domestic procurement of 10 lakh tonnes of pulses, comprising 5 lakh tonnes each in kharif and rabi marketing seasons.

'Govt to dispose of 5.5 lakh tonnes pulses from buffer stock'

Around 2 lakh tonnes of pulses will be given for consumption under various central welfare schemes.

4 Oct 2017 5:24 PM IST

Petroleum Minister Dharmendra Pradhan. (Photo: PTI)

Pradhan urges states to cut VAT on petrol, diesel to counter price...

The central government on Tuesday cut excise duty on petrol and diesel by Rs 2 per litre each.

4 Oct 2017 5:22 PM IST

The Monetary Policy Committee noted that

Implementation of GST has rendered short-term prospects uncertain:...

He also said that re-capitalising PSU banks is necessary to ensure that growth impulse is not restrained.

4 Oct 2017 4:41 PM IST