Business

The Reserve Bank of India (RBI) Governor Urjit Patel has said to the Parliamentary Standing Committee on Finance earlier this week that a reasonable stock of new Rs 500 and Rs 2,000 currency notes were in place before the announcement of demonetisation wa...

The Reserve Bank of India has come out with several guidelines and schemes under which the banks have been empowered, Jaitley said.

Prime Minister Narendra Modi on Sunday said the states should make legislative arrangements "without delay" for GST rollout from July 1.

The government's weather office yesterday predicted a normal monsoon for June-September, which is expected to give a boost to the rural economy.

Apple showing 'iPhone 7' as 'iphone 7 plus variant' is among 143 advertisements dubbed as misleading by regulator ASCI, which also pulled up Coca-Cola India, Bharti Airtel and others for such campaigns.

Inflation based on the wholesale price index slipped to 5.70 per cent in March as manufactured goods showed cost decline even as food prices hardened.

In her first foreign tour, Nepal President Bidya Devi Bhandari is paying a state visit to India from April 17 to 21 at the invitation of her Indian counterpart Pranab Mukherjee.

Meanwhile, the government has created buffer stocks of 18 lakh tonnes of pulses so far and also decided to procure dals from farmers till April 22, Food and Consumer Affairs Minister Ram Vilas Paswan said.

Retail inflation jumped to 5-month high of 3.81 percent in March on costlier protein items, edible oils and non-food products like fuel and light.

The Supreme Court on Tuesday set aside an order by the Appellate Tribunal For Electricity allowing compensatory tariff to Tata Power Ltd and Adani Power Ltd, sending down shares of both companies.

The deal, which still needs regulatory approvals, values the Religare Health Insurance at 13 billion rupees ($202.3 million).

All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period post demonetisation will have to be disclosed in the new one-page Income Tax return form.

The Revenue Department on Friday said it has detected evasion of more than Rs 1.37 lakh crore in both direct and indirect taxes and identified over 1,000 shell companies which indulged in bogus transactions worth Rs 13,300 crore in the last three financia...

RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.

Emerging markets face newer challenges in the form of inward looking policies of protectionism and increased geopolitical tension, Finance Minister Arun Jaitley said on Saturday as he pegged India's GDP growth at 7.7 per cent in 2018.

The price of petrol is cut by Rs 3.77 per litre and that of diesel by Rs 2.91 a litre, the first change in rates in two-and-a-half months.