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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI need not react to bond yields, MSP for interest rate review:...

MSP for farmers and refrain from going in for any hike in benchmark policy lending rates when MPC meets on Feb 7.

5 Feb 2018 11:00 AM IST

CBDT said it has already issued close to 25 crore PANs till date. (Representational Image)

CBDT responds to queries regarding long-term capital gains taxation

Long-term capital gains arising from transfer of such long-term capital asset exceeding one lakh rupees will be taxed.

5 Feb 2018 10:50 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Singtel to invest Rs 2,649 crore in Bharti Telecom

The fresh round of investment highlights the confidence of Singtel in Airtel.

5 Feb 2018 10:29 AM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex losses mount, slips below 35,000 in opening trade

The BSE 30-share barometer tanked 545.95 points, or 1.55 per cent, to 34,520.80.

5 Feb 2018 10:04 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee down by 16 paise against dollar in opening trade

Rupee is trading at 64.22 against the US dollar in early trade at the interbank forex market.

5 Feb 2018 9:53 AM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Budget's focus was on senior citizens

The government will not touch gains made through investments till January 31, 2018.

5 Feb 2018 1:24 AM IST

In many ways, money does not necessarily buy you happiness. (Photo: Pixabay)

7,000 super rich leave India for rich countries

The US was the second most popular destination for migrating HNWIs in 2017 at 9,000, followed by Canada (5,000) and...

5 Feb 2018 1:24 AM IST

Health regulation has several pieces, of which self-regulation by the private sector is an important one. Private players in the health sector are indeed quite diverse.

Health insurance for poor may cost Rs 1,00,000 crore

NIPFP says it may impinge on states' rights on health.

5 Feb 2018 1:24 AM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Assocham suggests RBI should not hike interest rates in next monetary...

The Reserve Bank of India is scheduled to announce its sixth bi-monthly monetary policy statement for 2017-18 on...

4 Feb 2018 3:05 PM IST

India has been the worlds fastest growing major economy over the past two years.

Double-digit difficult for India, but 8 pc economic growth possible by...

The Economic Affairs Secretary said that a ten per cent growth rate is not a realistic estimate, but 8 per cent plus is...

4 Feb 2018 2:12 PM IST

Sebi regulates Indias capital market. (Photo: PTI)

Govt eyeing surplus funds lying with SEBI to bridge fiscal deficit gap

The government has already sought dividend of about Rs 13,000 crore from the Reserve Bank of India for 2016-17.

4 Feb 2018 1:54 PM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Budget non-populous, special scheme without substance: Green body

Presenting his 5th straight budget in the Lok Sabha, Arun Jaitley had said air pollution in the Delhi-NCR region was a...

4 Feb 2018 11:21 AM IST