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The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India's growth to recover to 7 per cent in next few quarters: report

Economic growth has bottomed out after slowing to a 13-quarter low of 5.7 per cent in April-June.

14 Dec 2017 3:19 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

Sensex, Nifty decline after a climb

The 50-share Nifty too traded lower by 22.50 points, or 0.22 per cent, at 10,170.45.

14 Dec 2017 12:47 PM IST

Union Minister Kiren Rijiju

India looks to set up more land ports to tap potential: Rijiju

Home ministry has started opening various channels on the borders to improve ties with neighbours.

14 Dec 2017 12:40 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

Wholesale price based inflation rises to 3.93 per cent in Nov

Wholesale food prices in November rose 4.10 per cent year-on-year, compared with a 3.23 per cent rise a month earlier.

14 Dec 2017 12:20 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys to announce Q3 results on January 12

Company's trading window will be closed from December 16, 2017 and will re-open on January 15, 2018.

14 Dec 2017 11:56 AM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Gold futures rise 0.72 per cent on positive global cues

Rupee is trading at Rs 28,398 per 10 grams as speculators built up fresh positions tracking a firm trend overseas.

14 Dec 2017 11:40 AM IST

Federal Reserve Chair Janet Yellen

Fed raises interest rates, keeps 2018 policy outlook unchanged

US central bank to raise rates by a quarter of a percentage point to a range of 1.25 per cent to 1.50 per cent.

14 Dec 2017 11:07 AM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart completes over $100 million ESOP repurchase programme

Over 3,000 past and present employees of the Flipkart Group participated in the buyback offer.

14 Dec 2017 10:55 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Govt to discuss MDR rate issue with RBI: official

The MDR charges are capped at 0.90 per cent for other merchants limited to Rs 1,000 per transaction.

14 Dec 2017 10:48 AM IST

The railways has started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. (Photo: File/Representational)

Railways forms committee to review flexi-fare system

The flexi-fare system, launched in September 2016, led to up to 50 per cent increase in fares.

14 Dec 2017 10:41 AM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)

Stocks open in green ahead of Gujarat exit polls

The 30-share BSE index was up 116.70 points, or 0.35 per cent, at 33,169.74.

14 Dec 2017 10:11 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee up 16 paise against dollar after Fed rate hike

Rupee is trading at 64.28 against dollar even as Fed raised interest rates by a quarter percentage point.

14 Dec 2017 10:00 AM IST