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Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Currency with public hits record at over Rs 18 lakh crore

After the recent cash crunch, the government had announced that printing of Rs 500 notes would be stepped up.

10 Jun 2018 12:19 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Tata Motors open to stake sale in finance arm

It is expected to have Rs 50,000 crore of assets under management by 2020.

10 Jun 2018 12:11 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

Indian agencies may seek foreign help in ICICI bank fraud case

Piyush Goyal said the law will take its own course in the alleged case of nepotism at ICICI Bank.

10 Jun 2018 11:58 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Cos under insolvency process to face additional surveillance

The data available with the BSE shows that 75 firms are undergoing insolvency process as per the IBC.

9 Jun 2018 5:36 PM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

5 platforms providing access to cryptocurrencies to India

Some of the Indian exchanges have launched crypto to crypto pairing options.

9 Jun 2018 4:31 PM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee on back foot, slips from rate hike-inspired rally

Home currency retreated sharply to end at a fresh one-week low of 67.50, capping a spectacular two-week upsurge.

9 Jun 2018 3:22 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold tops Rs 32,000 on jewellers' buying, firm global cues

Gold, silver ready advanced by Rs 100 to Rs 41,100 and weekly-based delivery by Rs 40 to Rs 40,410 per kg.

9 Jun 2018 2:24 PM IST

To retain its market leadership status, the priority of the CIL would be to sell coal at a lower price than the private players.

CIL refutes Nabha Power allegation of coal shortage

CIL had allocated 3.64 lakh tonnes of coal to be lifted from the CCL and the BCCL for the period Apr18 to Jun18.

9 Jun 2018 12:21 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Markets post 3rd weekly gain, rose by 216 points

Sensex settled a tad above the psychological 35,000 level after sliding below that level in late trade.

9 Jun 2018 12:13 PM IST

Yesterday, the rupee had lost 19 paise to close at 67.41 against the US currency

Tax dept clears Rs 7,000 crore GST refunds of exporters

About Rs 14,000 crore of refunds of exporters were stuck due to various mismatches.

9 Jun 2018 11:28 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Rs 1 crore reward scheme becomes headache for IT Dept

Income Tax Department is now being bombarded with calls, couriers and emails the informants.

9 Jun 2018 10:34 AM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

India's fuel demand rose 3.4 per cent in May

Sales of gasoline, or petrol, were 2.0 per cent higher from a year earlier at 2.46 million tonnes.

9 Jun 2018 10:22 AM IST