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Finance Minister Arun JaitleyBusiness
Data from revenue dept's probes source of Modi's I-Day speech: Jaitley

Jaitley further said the numbers mentioned were not dependent on report of the Reserve Bank of India.

16 Aug 2017 8:15 PM IST

New Governor of RBI Urjit PatelBusiness
MPC members warn inflation could shoot up: RBI minutes

The comments reflect continued caution of MPC, despite pressure by government officials and some economists to cut rates...

16 Aug 2017 7:42 PM IST

Union finance minister Arun JaitleyBusiness
Govt sets up high-powered panel for strategic disinvestment

Cabinet gave its nod for setting up an Alternative Mechanism to decide on matters relating to disinvestment of...

16 Aug 2017 7:25 PM IST

PM ModiBusiness
Cracking down on 'black' money, India steps up scrutiny of shell firms

In July, the authorities ordered nearly 200,000 shell companies to be shut down.

16 Aug 2017 6:08 PM IST

Wealthy investors continued their faith in portfolio managers or advisory services as the asset base of such entities crossed Rs 13 lakh crore in July-end. Photo: PTI/RepresentationalBusiness
Portfolio managers' assets swell to Rs 13 lakh crore in July-end

Total assets under management of portfolio managers increased from Rs 12,83,106 crore in June to Rs 13,05,758 crore in...

16 Aug 2017 5:32 PM IST

Inflation numbers have risen as expected and the Reserve Bank will go in for a \prolonged pause\ before cutting rates again.Business
RBI to maintain prolonged pause' before next rate cut: HSBC

Headline consumer price inflation almost doubled to 2.36 per cent for July from 1.54 per cent in June.

16 Aug 2017 4:18 PM IST

Ever since the Centre announced the demonetisation of Rs 1,000 and Rs 500 notes, people have been rushing to banks to exchange the old notes for new ones. (Representational Image)Business
Govt to support PSBs to meet AT1 bonds coupon payments: Fitch

Earlier this week, the government injected Rs 1,861 crore into IDBI Bank.

16 Aug 2017 2:55 PM IST

MoBusiness
Inflation rise on the cards, MPC may hold policy rate: Morgan Stanley

Morgan Stanley estimated August CPI and WPI inflation to rise further to 3.0 per cent and 2.1 per cent year-on-year,...

16 Aug 2017 1:52 PM IST

The High Court earlier on February 18 heard driver unions argue an order barring them from holding up cab-hailing businesses Uber and Ola. (Photo: Representational Image)Business
Cabbies can soon switch between Ola, Uber, other cab operators with...

Government is planning to develop a centralised app to encourage smaller cab operators and protect rights of drivers.

16 Aug 2017 1:39 PM IST

Goods and Services Tax (GST) aims to end check posts and octroi posts to cut on transport time. (Photo: PTI)Business
GST of 28 per cent may taper Rs 5,500-crore capital goods leasing...

Official says higher GST rates lead to requirement of higher working capital at any point of time.

16 Aug 2017 11:03 AM IST

On I-Day, Maharashtra govt vows to work for debt-free farmers in stateBusiness
On I-Day, Maharashtra govt vows to work for debt-free farmers in state

Chief Minister Devendra Fadnavis announces that homeless would be provided houses by 2019.

15 Aug 2017 3:31 PM IST

In the good old days, banks took your money happily, gave us savings bank interest at four or five per cent per annum.Business
Nearly 9,000 wilful defaulters owe Rs 92,000 crore to PSU banks

Outstanding loans by wilful defaulters rose to Rs 92,376 crore at the end of financial year 2016-17.

15 Aug 2017 2:57 PM IST

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