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File image of a man counting cash at a petrol pump.

Opposition appeals TN govt to effect a tax cut on petrol, diesel

Kerala had revised VAT on petrol from the earlier 31.8 per cent to 30.11 per cent from June 1.

6 Jun 2018 5:21 PM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan and auto loan to go up as RBI hikes policy rate

The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.

6 Jun 2018 5:03 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Business growth will not be constrained by stricter work visa norms:...

Infosys estimates the agile digital market opportunity to be about USD 160-200 billion in size.

6 Jun 2018 4:15 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex soars 276 points even as RBI hikes key policy rate

The repo rate now stands at 6.25 per cent.

6 Jun 2018 4:07 PM IST

There are around 2.6 lakh Gramin Dak Sevaks working across country.

Govt hikes basic pay of Gramin Dak Sevaks to up to Rs 14,500 per month

Cabinet has also approved compensatory appointment of a dependent of GDS which was not allowed earlier.

6 Jun 2018 4:05 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

RBI retains 7.4 per cent GDP growth forecast for FY 2018-19

The Indian economy had grown at 6.7 per cent last fiscal.

6 Jun 2018 3:53 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

RBI marginally revises upwards inflation forecast

RBI had estimated inflation in the range of 4.7-5.1 per cent in H1; and 4.4 per cent in H2.

6 Jun 2018 3:43 PM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

RBI sets rupee reference rate at 67.0397 against dollar

The exchange rates for the pound and the yen against the rupee were 89.9472 and 61.02 per 100 yens, respectively.

6 Jun 2018 3:42 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Expert views on RBI policy rate hike

The reverse repo rate was also raised by 25 basis points to 6.00 per cent.

6 Jun 2018 3:25 PM IST

The models will be sold and serviced through BMW Motorrad dealerships in Delhi, Mumbai, Pune, Chennai, Bangalore, Ahmedabad and Kochi.

BMW Motorrad begins pre-bookings for 2 bikes in India

Deliveries of the bikes would be done on first come first serve basis as per orders.

6 Jun 2018 3:22 PM IST

According to the last World Bank report 2017, Indias ranking improved by just one notch to 130 from a revised rank of 131 previous year.

World Bank forecasts 7.3 per cent growth for India

India's growth potential is about 7 per cent, and it is currently growing at a pace above its potential.

6 Jun 2018 3:06 PM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Cabinet approves Rs 8,500 cr bailout package for sugar industry

Ethanol doping in petrol will also help the country cut its oil imports.

6 Jun 2018 2:03 PM IST