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Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Bitcoins, other virtual currencies like Ponzi schemes: FinMin

The RBI clarified that it has not given any licence to any entity to operate such schemes or deal with Bitcoin or any...

29 Dec 2017 6:26 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

Govt extends last date for filing of final sales return of GST till...

GST Council had in November allowed businesses with turnover of up to Rs 1.5 crore to file final returns GSTR-1...

29 Dec 2017 4:46 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex scales new high; signs off 2017 with 28 per cent gains

30-share index started day on a strong note at 33,889.39 and hit a high of 34,086.05 before closing at 34,056.83.

29 Dec 2017 4:32 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

'25 per cent jobs in BFSI to face existential threat by 2022'

BFSI sector will face existential threat, while 15-20 per cent of workforce in the sector would be deployed in new jobs.

29 Dec 2017 4:27 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit breaches FY18 target at November-end

During the same period of 2016-17, the deficit stood at 85.8 per cent of that year's target.

29 Dec 2017 4:01 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Govt under pressure to cut excise duty on auto fuels: Icra

Brent prices have jumped 40 per cent to around USD 67 per barrel this month from USD 48 in November 2016.

29 Dec 2017 3:44 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank to buy 15 per cent stake in Uber

Uber spokesperson said the transaction is expected to support the company's technology investments.

29 Dec 2017 3:32 PM IST

Lok Janshakti Party president Ram Vilas Paswan. (PTI)

Govt bringing a new bill on consumer protection: Paswan

Bill was introduced in the Lok Sabha in 2015 and referred to the Standing Committee.

29 Dec 2017 2:58 PM IST

Finance Minister Arun Jaitley (Photo: AP)

2.26 lakh companies deregistered, Maha tops the chart

Total number of companies registered in the country at the end of November stood at 17,20,318.

29 Dec 2017 2:38 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

E-commerce market places should have no-fake policy: pai

Online market places like Flipkart and others need to do to address selling of fake products on their platforms.

29 Dec 2017 2:31 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry warns investors against virtual currencies

Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.

29 Dec 2017 12:38 PM IST

Officials from the Maharashtra Child Development Labour Welfare Department along with the personnel from the Thane (rural) police raided establishments in the Kashimira belt. (Photo: PTI)

Govt unlikely to slow down on labour reforms in 2018

The code also propose to hand over operation of social security schemes to state governments.

29 Dec 2017 12:26 PM IST