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External Affairs Minister Sushma Swaraj (Photo: PTI)Business
NRIs will not get another chance to deposit scrapped notes: Swaraj

Earlier, govt had provided a time window for NRIs to deposit demonetised notes with RBI.

28 Sept 2017 9:27 AM IST

Commercial banks charge the state governments for every transaction. Officials said it was not clear whether the RBI would charge for transactions through the e-Kuber portal.Business
RBI may opt for status quo in next policy: SBI report

Monetary Policy Committee of RBI reduced the key interest rate by 25 basis points to 6 per cent in August.

27 Sept 2017 6:45 PM IST

The oil ministry had on November 3 issued a notice to RIL, Niko and UKs BP plc seeking USD 1.47 billion for producing in the seven years ended March 31, 2016.Business
India needs to double refining capacity by 2040 to meet fuel demand...

India's refining capacity must increase to 465 million tonnes by 2040, from about 230 million tonnes currently.

27 Sept 2017 4:15 PM IST

In India salary growth is pegged at 10 per cent, while real wages are expected to rise by 4.8 per cent.Business
Govt to set up advisory board to fix national minimum wages

Gupta clarified that the Centre has not fixed a National Minimum Wage for all employees.

27 Sept 2017 3:56 PM IST

Asian Development Bank, ADB, plans to raise its annual lending to India. )Photo: AFP)Business
ADB plans to raise annual lending to India to $4 billion

The proposal was endorsed at new ADB Country Partnership Strategy (CPS) for 2018-2022.

27 Sept 2017 3:50 PM IST

Senior SEBI official had recently told that they are keeping a \close watch\ on all the developments with a \special focus\ to ensure that minority investors interests are safeguarded.Business
Over 700 new FPIs registered with Sebi in April-July

Number of FPIs with the regulator's approval rose to 8,511 at the end of July 2017, from 7,807 at March-end.

27 Sept 2017 1:50 PM IST

Rajiv Kumar joined as the new vice-chairman of Niti Aayog on Friday. Photo: Twitter| @RajivKumar1Business
Niti Aayog deputy chief says no harm in busting fiscal deficit target

Fiscal deficit for financial year ending next March to 3.7 pc of GDP from a budgeted target of 3.2 per cent.

27 Sept 2017 1:14 PM IST

Inflation numbers have risen as expected and the Reserve Bank will go in for a \prolonged pause\ before cutting rates again.Business
This is why RBI may not go for a rate cut in its October policy review

Weak economic growth and signs inflation may soon overshoot its target likely to weigh in on MPC meet.

27 Sept 2017 12:37 PM IST

Direct Tax collections, up to this year August, continued to register steady growth. (Photo: Representational/PTI)Business
GST collections as on September 25

Dip in GST revenues comes despite GST Network reassuring tarders there will be no more site crashes.

27 Sept 2017 12:21 PM IST

Indias economy likely showed further signs of recovery in the latest quarter from a shock cash squeeze late last year, reported a poll by Reuters. Photo: APBusiness
India slips one rank in WEF's most competitive economy index

Out of 137 economies, Switzerland tops list, followed by US and Singapore in second and third places.

27 Sept 2017 11:02 AM IST

The role that cash plays in polls can be gauged from the fact that as much as Rs 1,039 crore of the total collections by parties over the past three Lok Sabha polls 2004, 2009 and 2014 was made in cash against Rs 1,299.53 crore by cheques. (Photo: Representational Image/PTI)Business
Nomura says higher spending sole reason for India's fiscal woes

Japanese brokerage opposes stimulus saying a pump priming maybe counterproductive at this time.

27 Sept 2017 9:36 AM IST

Arun Jaitley, the Finance Minister, was given additional charge of Defence Ministry when Manohar Parrikar became Goa CM in March this year. (Photo: PTI)Business
Arun Jaitley to inaugurate India-Afghan trade show today

Three-day event will focus on better regional integration by strengthening Indo-Afghan economic ties.

27 Sept 2017 9:22 AM IST

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