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Jaitley promises to find resources to held debt-saddled banks

Jaitley's statement comes days after data recorded a steep fall in advance tax payouts by bad loan-saddled PSU banks.

22 Sept 2017 2:20 PM IST

The fall in WPI inflation prompted the industry to demand interest rate cut to boost economic activity.

Lending rate cuts key to economic recovery: report

RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks.

22 Sept 2017 1:58 PM IST

Indias benchmark 10-year bond rose 2 basis points to 6.68 per cent after Reuters reported on the extra spending plan

India may pump in Rs 50,000-crore stimulus

Move is aimed at boosting sagging economic growth.

22 Sept 2017 1:34 AM IST

The Indian government is considering a plan to loosen the fiscal deficit target so that it could spend an additional Rs 500 billion to bolster the economy. Photo: PTI

India may widen fiscal deficit target to spend Rs 500 billion in...

On Wednesday, Finance Minister Arun Jaitley said the government was looking for ways to lift economic growth.

21 Sept 2017 6:42 PM IST

Airtel Payments Bank. (Photo: Representational/AFP)

UIDAI slaps notice on Airtel, its payments bank for flouting Aadhaar...

It alleged that Airtel retailers have been opening payments bank accounts using Aadhaar information of customers.

21 Sept 2017 6:10 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.

30 lakh biz file GST returns, system robust: GSTN Chairman

He asserted that problems or glitches which exist in specific pockets will be dealt with expeditiously.

21 Sept 2017 5:03 PM IST

Union minister Piyush Goyal

Railways to speed up electrification process, save Rs 16k crore:...

The important things which are involved in the process include availability of equipment and adequate infrastructure.

21 Sept 2017 2:39 PM IST

The CCEA has approved an additional monthly allocation of 41,800 tonnes of foodgrains for BPL families and 20,507 tonnes of foodgrains to APL families.

Foodgrain output may drop 2.5 per cent in Kharif season this year

Country had produced a record 138.52 MT in the kharif season of 2016-17 crop year (July-June) on good monsoon rains.

21 Sept 2017 2:14 PM IST

Corruption, a 'thing of the past', excessive cash dealings 'unsafe':...

Jaitley also said the present government has taken quick decisions whether it is for implementing GST or targeting...

21 Sept 2017 2:10 PM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

'Part of forex reserves can be used to boost growth'

Forex reserves could be used for funding growth-critical public infrastructure projects and the macro backdrop is also...

21 Sept 2017 2:04 PM IST

State Bank of India or SBI is largest public sector bank in India. (Photo: Representational/PTI)

Cheque books of 6 SBI subsidiary banks to be invalid from Oct 30

SBI has asked customers of these subsidiary banks to apply for new cheque books as soon as possible.

21 Sept 2017 1:57 PM IST

The government is launching an app for retired central government pensioners. Photo: PTI

Relief for retired central govt staff! Here's an app to track your...

This app marks the movement from eGovernance to mGovernance , said an official statement.

21 Sept 2017 1:13 PM IST