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The RBI has told a parliamentary panel that it has no information on how much black money has been extinguished due to demonetisation of Rs. 500/1,000 notes. (Photo: PTI)

Don't know how much black money was wiped out by demonetisation: RBI

RBI also said that it has 'no information' if demonetisation is being planned to be implemented at regular intervals.

4 Sept 2017 8:48 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: AP

Crisil lowers GDP forecast to 7 per cent in FY18 on GST hiccups

In the quarter to June, economic expansion slumped to 5.7 per cent, the slowest in the past three years.

4 Sept 2017 7:04 PM 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.

RBI to stay on hold even after disappointing GDP data: Nomura

The report further said the turnaround in private services suggests that growth cycle will head higher once GST effects...

4 Sept 2017 5:51 PM IST

Minister of state for finance Santosh Kumar Gangwar

Gangwar says he will consult all stakeholders on policy issues

Gangwar in Sunday's Cabinet reshuffle was given independent charge of the labour ministry.

4 Sept 2017 4:41 PM IST

Oil and Natural Gas Corp (ONGC)

ONGC to borrow Rs 25,000 crore to fund HPCL buy

The board of ONGC last month gave 'in principle approval' for the acquisition of the government stake in HPCL.

4 Sept 2017 4:30 PM IST

At the 9th annual BRICS summit in Xiamen, China, leaders said they strongly deplore the nuclear test conducted by DPRK. (Photo: AP)

BRICS countries vow to combat tax evasion with info exchange

The BRICs countries reaffirmed their commitment to 'achieving a fair and modern global tax system'.

4 Sept 2017 4:06 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

Less talk and more work? Urjit Patel completes 1 year as RBI Governor

Dr Patel took over the Reserve Bank of India (RBI) office as the 24th Governor on September 4, 2016.

4 Sept 2017 3:04 PM IST

Xi Jinping, Chinese President

China announces USD 76 million for BRICS economic cooperation

President Xi Jinping said BRICS countries should make economic globalisation open and inclusive, and beneficial to all.

4 Sept 2017 2:28 PM IST

Oil Minister Dharmendra Pradhan (Photo: PTI)

Petrol prices on the rise; Oil minister Pradhan says daily revision to...

Public sector oil companies in June adopted a dynamic daily price revision.

4 Sept 2017 1:26 PM IST

Railways Minister Suresh Prabhu

Suresh Prabhu takes charge as commerce and industry minister

Prabhu's predecessor Nirmala Sitharaman has been elevated as the Defence Minister.

4 Sept 2017 12:07 PM IST

RBI Governor Raghuram Rajan

Raghuram Rajan breaks his silence; says he cautioned govt against...

Rajan in his book 'I Do What I Do' said he warned the government about how short-term costs of note ban could cripple...

4 Sept 2017 11:14 AM IST

Union Commerce Minister Nirmala Sitharaman. (Photo: ANI/Twitter)

India finalising dates for trade policy forum meet with US

Under this agreement professionals of both will be exempted from social security taxes.

3 Sept 2017 2:58 PM IST