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When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrencies hit hard on Indian exchanges after RBI clampdown

Government and the central bank have previously cautioned the public on cryptocurrencies.

7 April 2018 10:17 AM IST

Union minister C.R. Chaudhary

Poor Logistics costing India 14 per cent of GDP: MoS

Logistics Data Bank project is underway to make India's logistics sector more efficient through the use of information...

7 April 2018 6:22 AM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

Walmart completes due diligence

A deal is far from finalised, however, and talks between the two parties and investors in Flipkart are ongoing, said a...

7 April 2018 6:11 AM IST

Union finance ministry Arun Jaitley

Properties worth Rs 15,000 crore sold off

Indian banks have written off non-performing loans worth Rs 2.30 lakh crore for the five-year period ended March 2016.

7 April 2018 6:03 AM IST

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

Consumer confidence dips in March, says RBI survey

However, household's assessment of the current as well as the future price situation have broadly remained unchanged.

7 April 2018 5:51 AM IST

25 basis points were raised by the US Federal Reserve.

Global stocks slip as trade war escalates

US non-farm payrolls report could determine the pace of future Federal Reserve interest rate rises and the dollar's...

7 April 2018 5:43 AM IST

President Donald Trump

Trump threatens new $100 billion tariffs on China

China says it will fight back at any cost against US.

7 April 2018 5:24 AM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Rinfra moves HC seeking attachment of DMRC accounts

Delhi Metro Rail Corporation has only deposited Rs 306 crore.

6 April 2018 7:37 PM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

India's forex reserves rise to life-time high of USD 424.361 billion

In the previous week, the reserves had increased by USD 1.197 billion to USD 422.532 billion.

6 April 2018 7:22 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

19 states implemented startup policies: Commerce ministry

Narendra Modi unveiled a slew of incentives to boost startup businesses.

6 April 2018 7:12 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

On-the-block Air India looks to renew flying permit

The DGCA has already renewed the SOP of Air India Express.

6 April 2018 7:01 PM IST

The CBI on Friday questioned a former Deputy Governor of the Reserve Bank, H R Khan, in connection with alleged bank fraud cases involving diamond traders Nirav Modi and Mehul Choksi and relaxation of gold import policy by the erstwhile UPA government, sources said on Friday.

PNB fraud case: CBI quizzes ex-deputy governor of RBI

The officials said he was questioned about the UPA government's 20:80 gold import scheme.

6 April 2018 6:46 PM IST