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

Approved three proposals for FDI in food retail: Nirmala Sitharaman

Government granted permissions for 100 per cent FDI for retail trading of food products.

2 Aug 2017 5:20 PM IST

RBI lowered the repo rate or the rate at which it lends to banks by 0.25 per cent.

Tirupur's knitwear exporters urge banks to pass on repo rate cut...

Traders in Tirupur claimed they had been hit hard by the GST and urged banks to pass on repo rate cut benefit.

2 Aug 2017 5:04 PM IST

Wholesale inflation fell to a low of 0.90 per cent in June. (Photo: PTI)

RBI aims to keep retail inflation near 4 per cent on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

2 Aug 2017 4:46 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI).

RBI repo rate reduction appropriate for sustainable growth: DEA Secy

Subhash Chandra Garg says Finance Ministry has taken note of MPC's assessment of inflation.

2 Aug 2017 4:32 PM IST

Economic Affairs Secretary Subhash Chandra Garg, (Photo credit: World Bank)

RBI rate cut important step for sustained growth: Finance Ministry

Monetary policy statement was arrived after a two- day meeting of the MPC headed by RBI Governor Urjit Patel.

2 Aug 2017 4:27 PM IST

RBI Governor Urjit Patel

RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs

This is the first rate cut since October 2016 and the interest rate is now at 6-year low.

2 Aug 2017 3:00 PM IST

RBI Governor Urjit Patel

RBI cuts repo rate to 6-1/2 years low of 6 per cent; makes loans...

This was sixth bi-monthly policy review by RBI's Monetary Policy Committee that was formed in 2016.

2 Aug 2017 2:28 PM IST

Aadhaar seeding of revenue data of agricultural lands, property tax data of buildings and vacant land tax of open plots will help identify original owners of properties and flush out benami property holders.

Benami deals: Govt may make Aadhaar must for property registration

Department of Land Resources has asked state governments to notify rules mandating 'consent-based Aadhaar...

2 Aug 2017 2:22 PM IST

Income-tax department on Friday said that it is launching the second phase of Operation Clean Money under which over 60,000 persons, including 1,300 high risk persons will be investigated for excessive cash sales during demonetisation period.

Number of income tax payers increased after demonetisation: Gangwar

MoS Finance says during period of November 9 2016 to March 31 2017, 1.96 crore returns were filed.

2 Aug 2017 12:39 PM IST

Reserve Bank of India

RBI monetary policy: Five things MPC may consider for a rate cut

Headed by RBI governor Urjit Patel, the Monetary Policy Committee will review the policy rate for the sixth time.

2 Aug 2017 12:01 PM IST

Union Minister Nitin Gadkari

Govt plans Rs 3 lakh crore highway projects in Maharashtra: Gadkari

TMC will undertake beautification of waterfront on both inland waterways and sea worth Rs 2,000 crore.

2 Aug 2017 11:21 AM IST

Garment business has taken a severe beating during the ongoing wedding season in the wake of demonetisation. (Photo: PTI/Representational)

Garment exporters can claim refunds at pre-GST rates till Sept

Under remission of state levies, garments and made-ups exporters are entitled to get refunds of levies paid.

2 Aug 2017 11:11 AM IST